Healthcare information technology companies, including mobile and digital health companies, raised more than twice as much in total venture capital funding in the second quarter of 2014 as they did in the first, according to a new report from communications and consulting firm Mercom.
"It was a quarter of several milestones," Raj Prabhu, CEO and cofounder of Mercom Capital Group, said in a...
Durham, North Carolina-based Validic recently announced a $1.25 million convertible note from SJF Ventures and undisclosed angel investors. Validic CEO Ryan Beckland told MobiHealthNews that the new investment brings the company's total up to $2.1 million to date, but really serves as a bridge to get it to its series A round, which it is in the process of raising now.
Validic describes itself as...
Last week AliveCor, which offers the FDA-cleared iPhone-enabled Heart Monitor (formerly called the iPhoneECG), appointed board member and Khosla Ventures operating partner Euan Thomson as interim CEO. Just five months ago the San Francisco-based company announced the appointment of its previous CEO Dan Sullivan, a longtime medical device industry executive and entrepreneur, who has now left the...
Over the course of the past few weeks, various digital health companies have raised funds. The roundup below includes investment news from companies that offer a range of digital health products and services, including online physician visits, non-invasive medical sensors, snail mail-powered remote monitoring devices, and portable blood test devices.
ConsultingMD $10 million: Palo Alto,...
We're just a few months into 2013 and already there have been announced at least a half dozen M&A deals -- large and small -- in mobile health. While one rumor floated around that WellDoc would be acquired early this year -- one report said Alere would buy it -- so far that prediction has proven unfounded. A number of companies, however, have been snapped up. This past week alone has brought...
Madison, Wisconsin-based Asthmapolis, which offers a FDA-cleared inhaler sensor and app for people with asthma, COPD, or cystic fibrosis, announced that it has raised $5 million in its first round of funding. The investment was led by The Social+Capital Partnership, a relatively new venture fund started by Chamath Palihapitiya, an early executive at Facebook who left to start the investment fund...
Waltham, Massachusetts-based Affectiva, which spun out of the MIT Media Lab in 2009, has raised $12 million from Kleiner Perkins Caufield Byers and Horizons Ventures to build out its emotion measurement technology for advertisements and for various medical research initiatives. According to various media outlets, the company has now raised more than $20 million, including grants from the National...
WellFX, creator of an online and mobile social platform for healthcare providers and patients to manage chronic diseases, says it has received a reported $5 million investment from private investment company CMT Ventures. The Series A financing will allow Petaluma, Calif.-based WellFX to, among other things, complete two pilot tests of its technology, put the platform in general release and...
Waltham, Massachusetts-based PatientKeeper raised $6.25 million in funding last month to expand its portfolio of physician-centered healthcare information systems (HIS) and build out its operations. The funds came from existing investors Flybridge Capital Partners, New Enterprise Associates, Whitney & Co. and others.
PatientKeeper was one of the first HIS software providers to embrace a...
Agile Diagnosis, a mobile health startup that recently graduated from health incubator Rock Health's second class, has raised $2 million in funding, according to a regulatory filing. The startup hopes to raise an additional $1 million, according to the filing. A report in TechCrunch this week notes that the startup said it had raised $2.5 million during comments its founder made at the Rock...
