CellTrak, an early entrant into the mobile health space that focuses on connecting home caregivers, has raised $11 million. Boathouse Capital led the round with participation from existing investor MK Capital. This brings the company's total funding to $23 million.
CEO Mark Battaglia told MobiHealthNews via email that there are a number of reasons the company decided to raise money now. For one,...
Qualcomm's 2net Hub
Approximately 2.2 million patients globally used a home-based remote monitoring device as of the end of 2011, according to a recent report from Berg Insight. The metric only accounts for devices that use fixed wireless, cellular, and fixed line connections. Devices that connected via smartphones or PCs were not included in the statistic. In addition, the number of home health...
