Audax Health Solutions has announced a $20 million funding raise led by Navigy Holdings, a wholly-owned subsidiary of Florida Blue Cross Blue Shield. Additional contributors to the round include former Aetna CEO and current Audax board member Jack Rowe and Dan Rose, VP of Partnerships at Facebook.
This round is the company's first publicly-announced equity raise, although the company reports it...
Texas-based iPhone vision test startup Vital Art and Science (maker of MyVisionTrack) has raised $550,000 in first round funding from the North Texas Angel Network (NTAN).
The company's flagship product, myVisionTrack, is an iPhone 4S-based shape discrimination hyperacuity test for patients with serious degenerative eye conditions such as diabetic retinopathy (DR) and age-related macular...
PT Pal is part of Dallas' Health Wildcatters
Dallas-based health accelerator Health Wildcatters announced its first class four months after the launch of the program.
Founder Dr. Hubert Zajicek told MobiHealthNews in April that the focus of the accelerator would be to acquaint health entrepreneurs with the realities of the healthcare space. Teaming up Dallas-based general tech accelerator Tech...
Aliso Viejo, California-based iCheck Health Connection, a developer of mobile apps for the early detection and tracking of eye diseases, raised $750,816 in funding this week, according to an SEC filing. InterWest Partners led the funding raise, founder David Huang told MobiHealthNews. This brings iCheckHC's total funding to $775,816.
InterWest Partners' portfolio includes investments in Doximity...
Toronto-based mobile health company Diversinet agreed to sell its assets to subsidiaries of Parsippany, New Jersey-based IMS Health for about $3.5 million (US). The sale includes Diversinet's intellectual property, software, and customer contracts. Some employees will also be offered positions at IMS, once the deal is finalized. The asset acquisition is still subject to the approval of the...
San Francisco-based Fitbit, which offers various clip-on and wristworn activity tracking devices as well as a connected weight scale, has raised $43 million in its fourth round of funding, from three new investors. A rumor started by TechCrunch back in March claimed that Fitbit had raised just $30 million in its fourth round and at a valuation of $300 million or more. Fitbit's new backers include...
Wellness tracking platform MyFitnessPal raised $18 million in the first round of funding led by Kleiner Perkins Caufield & Byers. Accel Partners also participated. Kleiner Perkins' John Doerr and Accel Partners' Andrew Braccia also joined MyFitnessPal's board.
MyFitnessPal will use the funding to grow its team and expand to more countries. Already, the fitness system is available in some...
Cardiocom's Diabetes Management System.
Minneapolis-based implantable medical device maker Medtronic has acquired Chanhassen, Minnesota-based Cardiocom, a remote patient monitoring and disease management company, for $200 million in cash. As the Wall Street Journal reported, this acquisition represents a diversification for Medtronic, from it's core offering of implantable medical devices to...
Santa Clara, California-based CareInSync raised an undisclosed amount from the Samsung Venture Investment Corporation. CareInSync will use the money to improve its care coordination solution with secure mobile communications technology and expand its mobile offering to the Android platform.
Last year, CareInSync raised $1.6 million in funding from HealthTech Capital, a group of angel investors,...
LifeNexus, a San Francisco startup looking to replace the traditional insurance card with a digital version, raised $4 million from undisclosed angel investors and one undisclosed fund, bringing the company's total funding to $11.9 million. CEO David Strand said an additional $3 million round is closing soon.
The company offers a system called iChip, which Strand described to MobiHealthNews as a...
