BiancaMed, a Dublin, Ireland-based developer of monitoring technology for sleep apnea diagnosis and other sleep or breathing related conditions, has raised €6 million ($9.8 million) in its second round of venture capital. The company's technology includes contact-free wireless sensors for heart rate and breathing.
Seventure Partners led the latest investment round with return investors ePlanet,...
Combined Company Positioned to Leverage Technological and Protective Benefits of Patents Applied to Both Mobile and Online Consumer Behavioral Targeted Marketing
PHOENIX and NEW YORK, July 14, 2009 — Modavox, Inc. (OTCBB:MDVX), Internet broadcasting pioneer and holder of several patented technologies, announced today that the Company has completed the acquisition of Augme Mobile(tm), a leader in...
In late April Augme Mobile, a consumer mobile marketing company, announced a joint venture with Brandofino Communications to form Augme Mobile Health, a specialist in mobile marketing technology for the pharmaceutical industry. This week online broadcasting company Modavox completed its acquisition of Augme Mobile and with it, Augme Mobile Health.
"I see so many possibilities for mobile...
MINNEAPOLIS, July 14 /PRNewswire-FirstCall/ — Biotel Inc. (OTC Bulletin Board: BTEL) today announced that CardioNet has advised Biotel that it is terminating the Merger Agreement with Biotel due to a failure of Biotel to comply with the terms of the agreement. Biotel believes it has complied with all terms of the agreement and that CardioNet’s claim is without merit and inconsistent with...
It's been a tough couple of months for wireless arrhythmia monitoring company CardioNet: The company has terminated its plans to acquire Minnesota-based Biotel, which has its own cardiac arrhythmia monitoring business, an experienced design and development team plus manufacturing capabilities that were set to support CardioNet's growing business. The deal was originally pegged at $14 million but...
Texas-based arrythmia monitoring provider eCardio announced today an undisclosed minority investment from Sequoia Capital. This investment marks the first round of institutional funding for the company since its founding in 2004. Sequoia has previously invested in Apple, Cisco, PayPal, Google, Oracle, Yahoo, YouTube and other well-known tech companies.
"eCardio has experienced tremendous growth...
Apple's senior director of worldwide product development for the iPhone recently left the company to join venture capital firm Opus Capital as a general partner. Bob Borchers, 43, previously worked at Nokia and Nike before joining Apple in 2004.
Borchers told VentureWire he won't be leaving the wireless industry: his focus at Opus will include wireless and medicine as well as mobile marketing...
Who says there's no money to be made in the mHealth industry? Mobile authentication and security company Diversinet reported revenues of more than $2 million for the first quarter this year, including more than $1.6 million from additional customers it acquired through its relationship with AllOne Health.
The extra revenues helped Diversinet swing to a net profit of $182,000 compared to a net...
Photo Credit: Datadyne.org
Last week Vital Wave Consulting noted that a number of large technology vendors have made investments in mobile health initiatives for developed markets. Vital Wave pointed out that the timing was probably meant to coincide with the U.S. government's plan to invest $20 billion into modernizing healthcare. GE and Intel recently announced a joint $250 million investment...
New York-based Phreesia, which provides a free patient-intake solution for physicians' waiting rooms, raised $11.6 million in venture capital. The company's third round of funding was led by BlueCross BlueShield Venture Partners, which has a $116 million war chest into which eleven independent BlueCross and BlueShield companies have committed capital. Return investors Polaris Venture Partners,...
