Tech-enabled sleep health company Nox Health was the highest bidder for Pear Therapeutics' Somryst assets at an auction last month that followed the prescription digital therapeutic company's bankruptcy in April.
Nox bid $3.9 million for Pear's FDA-cleared prescription digital therapeutic Somryst, which uses cognitive behavioral therapy for insomnia to train the brain and body to sleep.
Sigurjon...
Dreem, a wearable sleep device maker previously known as Rhythm, has closed $35 million in funding. The round was led by strategic investor JJDC and Bpifrance.
“If everyone in the world, of which 30 percent don’t sleep effectively today, were able to get better, more quality rest every night — we’d unleash opportunity like none other. Our productivity, creativity, humility as a global community...
As we’ve reported regularly for the past several months, Fitbit has made increasingly targeted moves to wedge itself deeper into the healthcare ecosystem. No longer able to rely on the consumer market alone to stay financially healthy, the company has continually upped the ante to prime itself as a digital health company in its own right.
There have been many efforts as of late, including...
Three years in the making, and Dreem has come true. The sleep-tracking wearable, made by Paris and San Francisco-based startup Rythm is now available for pre-order. Along with the public debut of Dreem, Rythm also announced the company’s funding to date stands at $22 million, an $11 million increase since they last raised money in March 2016.
The $499 Dreem headband uses dry polymer electrodes to...
Madison, Wisconsin-based EnsoData has received FDA clearance for its sleep analysis software called EnsoSleep, which uses machine learning to analyze sleep quality and aide in diagnosis of sleep or respiratory-related sleep disorders.
EnsoSleep, which began as a research effort between founders Chris Fernandez and Sam Rusk while they were students at the University of Wisconsin Madison, is...
The remote patient monitoring market saw a big jump in the last year, with 7.1 million patients in 2016 enrolled in some form of digital health program featuring connected medical devices as a core part of their care plan, according to new data.
Swedish market research firm Berg Insight, which specializes in IoT verticals, tracked a 44 percent jump in remotely monitored patients last year. While...
