Italy-based Xmetrics raised $1.07 million (675,000 pounds) from Reply Breed, an accelerator spun out of Turin, Italy-based consulting firm Reply SpA, in exchange for 30 percent equity in Xmetrics.
Xmetrics has developed a small device that hooks into the back of the swimmer's goggles. It counts strokes, measures how long the workout session lasted, and provides near real-time audio feedback...
Sensoria Fitness socks, which come with a snap-on anklet.
Sensoria Fitness, the wearable sensor company formerly known as Heapsylon, has raised $5 million from Italian investor Reply SpA. In exchange, Reply SpA will acquire a hefty 20 percent interest in the company. Although Sensoria reported the raise in a press release, VentureBeat uncovered the amount.
Reply SpA will also work with...