Cambridge, Massachusetts-based MC10 announced former Broadcom executive, Scott Pomerantz has joined it as its new CEO and president, replacing David Icke, who is leaving the company. At semiconductor company, Broadcom, Pomerantz most recently served as the SVP and GM of wireless connectivity, Broadcom's biggest business. He joined Broadcom in 2007 after it acquired his GPS company, Global Locate...
MC10 raised $20 million from undisclosed investors, according to an SEC filing. The company has previously raised $40 million in first, second, and third round funding, bringing its total funding to $60 million. This latest round is the company's largest single round to date.
Previous MC10 investors include Medtronic, Aberdare Ventures, Northbridge Venture partners, Breamar Energy Ventures,...
Google Glass may or may not be on its way to catching on with the consumer crowd, but, if nothing else, it shows that Google doesn't think consumers will have a problem wearing a computer on their head. As wearable health real estate goes, the head is a contentious spot for a sensor, but a number of companies are making a go for it. Brainwave sensors, like Emotiv, which has already raised $400,...
Cambridge, MA-based health sensor developers MC10 announced an additional $8 million in its third-round funding, led by two new undisclosed strategic investors. The new investment brings the round total to $18 million and the company's total funding to $40.7 million, including investors like Aberdare Ventures, North Bridge Venture Partners, and Windham Venture Partners.
When the company raised...
With its topselling fitness tracker the Nike+ Fuelband, Nike is clearly invested in the mobile health -- or at least mobile fitness -- space. But Nike competitor Reebok (a subsidiary of Germany-based Adidas) has also dipped its corporate toe into the mobile health lake in recent years. Now the company is announcing that a mobile fitness app will be a major component of their 2013 "Live with Fire...