K4Connect, a Raleigh, North Carolina-based maker of an Internet-of-Things platform for older adults and people with disabilities, raised $8 million in a new round of funding led by Intel Capital. RGAx, a subsidiary of the Reinsurance Group of America, also contributed as did Traverse Venture Partners. Returning investors include Sierra Ventures, Stonehenge Growth Equity, Lowe’s Corporation and...
Canada-based wearable technology company Thalmic Labs, which makes the connected armband Myo, has raised $120 million in Series B funding in a round led by Intel Capital, the Amazon Alexa Fund and Fidelity Investments Canada, TechCrunch has reported. The funding will support the company’s expansion of its product line, as well as hiring staff for the company’s new San Francisco office.
Thalmic’s...
Intel has confirmed its rumored acquisition of Basis Science, the activity tracker company that makes the high-end Basis B1 Band. Earlier this year TechCrunch first reported the Intel deal and pegged it at between $100 million and $150 million, however, Intel did not disclose any financial details of the Basis acquisition. At the beginning of 2014, we reported on rumors that Basis was soliciting...
Basis Science, maker of the wristworn tracker Basis Band, has raised $12 million, an extension of the company's $11.5 million round earlier this year, according to the company. New investors to the company this round were Intel Capital, iNovia Capital, Dolby Family Trust, Stanford University and Peninsula-KCG. Existing investors Mayfield Fund, DCM and Norwest Venture Partners, also contributed to...
Sotera Wireless, maker of the wrist-worn ViSi Mobile wireless vitals monitoring system, has landed $14.8 million in fresh capital, including $1.33 million from Safeguard Scientifics and an undisclosed amount from another new investor, Delphi Ventures.
Other participants in this round include previous shareholders Sanderling Ventures, Qualcomm Ventures, EDBI, Intel Capital, Cerner Capital and the...
Sotera CEO Tom Watlington
Sotera Wireless announced that it had raised $12.2 million in its fourth round of funding. Singapore-based global fund EDBI led the round, which included participation from new investor Cerner Capital and existing investors Sanderling Ventures, Qualcomm Ventures, Intel Capital and the West Health Investment Fund. The latest round of funding brings total investment in...
Design concept for ViSi Mobile - Not Yet FDA Cleared
Sotera Wireless has secured a new round $7 million in financing that includes a mix of debt and other securities. Some of Sotera Wireless’ previous investors have included West Family Holdings, Qualcomm Ventures, Intel Capital, Sanderling Ventures and Apposite Capital. Last April the company raised $10.75 million. Including the most recent $7...
According to a regulatory filing with the SEC this week, Sotera Wireless has secured $10.75 million of a $15 million round of venture funding from undisclosed investor(s). Some of Sotera Wireless' previous investors have included Qualcomm Ventures, Intel Capital, Sanderling Ventures and Apposite Capital.
Sotera Wireless, which changed its name from Triage Wireless last year, is currently...