Butterfly Health Network

By  Dave Muoio 03:20 pm November 30, 2020
The back half of November saw two special purpose acquisition companies (SPACs) announce merger agreements valued at more than $1 billion. First on the list is Butterfly Network, maker of the Butterfly iQ handheld ultrasound devices and a corresponding workflow platform. The well-funded startup will be merging with Longview Acquisition for a final valuation of $1.5 billion. The company's common...
By  Dave Muoio 03:56 pm March 25, 2020
Butterfly Network, maker of a handheld, smartphone-connected ultrasound system, has disabled two software features that were implemented on its devices without first securing 510(k) clearance, according to notices recently published by the FDA. The Auto Ejection Fraction Tool and the Auto Bladder Volume Tool were introduced in the Butterfly IQ Ultrasound System's 1.10.0 and 1.13.0 software...
By  Dave Muoio 03:20 pm October 24, 2019
Butterfly Network, the very well-funded maker of a smartphone-connected, point-of-care ultrasound device, announced that it is releasing a suite of mobile-friendly tools for provider workflows. WHAT’S THE IMPACT Called Butterfly Enterprise, the platform connects with third-party ultrasound devices as well as the Butterfly iQ handheld device and the provider’s EHR or PACS systems. The system is...
By  Jonah Comstock 02:27 pm August 26, 2019
Nine years ago, the University of California at Irvine Medical School became the first medical school in the country to equip each of its 104 incoming students with their own iPads. This month, at the same White Coat Ceremony where that announcement was made back in 2010, Dr. Michael J. Stamos, the school’s dean, surprised the class of 2023 with another gift: Butterfly handheld ultrasound devices...
By  Jonah Comstock 02:28 pm September 27, 2018
What happened Butterfly Health Network has raised $250 million in new funds and will soon begin shipping its sub-$2,000, handheld, tablet-connected full-body ultrasound device, Butterfly IQ. Fidelity led the investment, with additional participation from Fosun Pharma, Bill & Melinda Gates Foundation, and Jamie Dinan, along with existing investors. The round brings the company’s total funding...