Editor's note: This article has been updated with a quote from Cala Health's CEO.
Calif.-based Cala Health, the maker of wearable neuromodulation therapy, announced that it has completed the initial closing of an oversubscribed $50 million growth round.
Vertex Growth Fund and Nexus NeuroTech Ventures coled the round, with participation by all the company's existing investors, including Johnson...
Wearables maker Movano Health announced it received FDA 510(k) clearance for its health monitoring wearable, EvieMED Ring.
EvieMED Ring is a smart ring that combines medical and wellness metrics, including blood oxygen levels, heart rate and metrics related to energy, logging of mood, sleep and activity.
The publicly traded company touts that receiving FDA clearance will allow it to pursue...
Health-tracking ring maker Oura announced it has agreed to acquire data company Sparta Science, which offers a platform that collects and analyzes health and performance information.
Oura will leverage Sparta Science’s Trinsic data platform to expand its B2B offerings. The company says the acquisition will enhance its Oura Teams platform to serve enterprise, healthcare and government customers. ...
Massachusetts Institute of Technology (MIT) announced it is partnering with wearable-maker Movano Health to use its Evie Ring's continuous health-monitoring capabilities to study COVID and chronic Lyme disease.
The ring will be used in MIT's MAESTRO study, which aims to identify biomarkers that indicate which individuals are likely to develop chronic conditions from acute infections.
Researchers...
Consumer wearable devices are a growing market. According to a recent report from Berg Insights, the category that includes fitness trackers, smart glasses, and smartwatches will have shipped 64 million units worldwide by the end of 2017, up from 8.3 million in 2012.
As the biggest consumer shopping season of the year begins, the fitness tracker arms race is heating up, and the longtime...
