San Antonio, Texas-based mobile healthcare company AirStrip has acquired the assets of wireless monitoring startup Sense4Baby and licensed the associated technology that the startup was founded on from the Gary and Mary West Health Institute. The companies did not disclose the financial terms of the transaction. Sense4Baby raised $4 million from The West Health Investment Fund in early 2013.
The...
San Diego-based Reflexion Health, which offers physical therapy programs that leverage Microsoft Kinect for Windows, has raised $7.5 million from the West Health Investment Fund. The Fund was also the sole investor in Reflexion's $4.25 million seed round in 2012. The Reflexion system is currently undergoing pilot studies at Partners HealthCare's Center for Connected Health in Boston and San Diego...
The FDA has granted 510(k) class II clearance to La Jolla, California-based Sense4Baby's cellular-enabled maternal and fetal monitoring system. The company has also secured a CE Mark for the European market and other countries where that approval is recognized. The regulators cleared Sense4Baby's "model B+" system for healthcare providers to use to monitor expectant mothers and their fetuses...
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...
The West Health Investment Fund, which is a part of the West Health Institute, announced a $4.25 million investment into Reflexion Health, a startup that recently spun out of the institute. Reflexion plans to offer a physical therapy digital health program that leverages Microsoft Kinect for Windows. The West Health Institute developed the software and Reflexion is licensing it.
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In recent weeks a number of digital health startups have announced rounds of funding totaling some $26 million. MobiHealthNews has previously covered the venture capital Agile Health, iSonea, and Sherpaa raised in recent days. Here's a quick round-up of a few other digital health investments.
Aberdare Ventures and the West Health Investment Fund announced investments in...
San Diego-based West Wireless Health Institute has named a new CEO, former Johnson & Johnson executive Nicholas Valeriani, and launched a new incubator open to startups that have received investments from the West Health Investment Fund. The institute's first CEO Don Casey served in that role for about two years before resigning in March of this year. Casey was also a former Johnson &...
Dr. Mohit Kaushal
The move toward accountable care organizations, the ubiquity of cell phones and changing patient expectations all are contributing to the rise of mobile monitoring of chronic diseases, but it still may take years before home care becomes a routine part of medicine.
Friday morning at the 4th annual World Congress Leadership Summit on mHealth in Boston, Dr. Mohit Kaushal,...
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...
"Most [acquisitions] in healthcare get done between $100 million and $200 million," Radius Ventures Partner Dan Lubin told attendees at the mHealth Summit during a panel session this past week. "Most deals are under $100 million -- that is the exit... I think we can build companies, make them really attractive, and sell them to strategics for $100 million. I think that's a four to [six year] time...
