New York-based brain-computer interface company Precision Neuroscience Corporation closed $41 million in Series B funding, bringing the company's total raise to $53 million.
Forepont Capital Partners led the round with participation from Alumni Ventures, Draper Associates, Mubadala Capital and re.Mind Capital. Existing investors Steadview Capital and B Capital Group also contributed.
Precision...
With Livongo and Teladoc’s merger expected to close in the fourth quarter of this year, the two companies recently announced the combined company leadership team, which won’t include Livongo’s CEO, CFO, president or SVP of business development.
Once the merger closes, Zane Burke, the CEO of Livongo, Lee Shapiro, the CFO of Livongo, Jennifer Schneider, the president of Livongo, and Steve Schwartz...
San Diego-based MedCrypt, a maker of cybersecurity software for medical devices, has raised $5.3 million in a Series A funding round led by Section 32. Other participants include Eniac Ventures and Y Combinator, the latter of which included MedCrypt as part of its Winter 2019 batch.
WHAT THEY DO
While many medical device security companies are focusing their efforts on provider customers looking...
Behavioral health technology provider AbleTo has announced Trip Hofer as its new CEO. Hofer most recently held the title of president of accordant health services as CVS Specialty, and prior to that held senior positions at OptumHealth and Health Dialog.
“I am thrilled to join an organization whose singular purpose is to tackle one of the biggest challenges facing our country: the behavioral...
Medical device cybersecurity software company MedCrypt announced today that it has raised $1.9 million in new seed funding. The round’s primary backer was Eniac Ventures, with additional participation from Sway Ventures, Nex Cubed, Oronoco Investments, and Friedman BioVentures.
Mike Kijewski, CEO and cofounder of MedCrypt, told MobiHealthNews that his company will be using the proceeds from this...
Yale New Haven Hospital has tapped Reflexion Health for its virtual physical therapy platform as part of a new program aimed at helping patients recover from joint replacement surgery. Patients at Yale’s Center for Musculoskeletal Care will use Reflexion’s Virtual Exercise Rehabilitation Assistant (VERA) platform, which offers patients a home-based rehabilitation experience. The platform will be...
Medical device software security company MedCrypt, which is building, “security as a service” for connected device companies, has raised $750,000 in seed financing in a round led by Safeguard Science and angel investors. The company will use the funds to conduct commercial pilots with medical device vendors.
MedCrypt’s technology looks out for security weaknesses that arise from a combination of...
