Wearable technology company iBeat has gotten a fresh injection of cash, scoring another $3 million in funding to bring its total seed stage funding to $4.5 million. In addition to a health records platform, iBeat is now building a new wearable device that monitors and analyzes users’ heart activity.
Along with the funds come a slew of new investors, including WTI, SV Tech Ventures, Sidekick...
San Francisco-based iBeat, makers of a heart-monitoring wearable positioned to compete with PERS devices, closed approximately $1.5 million in a seed funding round led by Maveron, Subtraction Capital and Correlation Ventures. Other investors include Ali and Hardi Partovi, former NFL player Russell Okung, KKR partner Henry Kravis, Band of Angels and industrial design firm Ammunition Group.
Notably...
