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The company will use the investment to expand its technology's current abilities, add capabilities to detect additional health conditions and drive global growth.
Earlier this year, the company received FDA clearance for its RPM system that collects data like skin temperature, auscultation and heart rate in the home.
Though funding has fallen this year, Dr. Sunny Kumar, partner at GSR Ventures, said there are still opportunities for startups that can prove their value.
The startup has set up a subsidiary in New York using the proceeds from its first Series C round.
Former CEO Elizabeth Holmes was sentenced to more than 11 years in prison last month.
The company said it will use the capital to hire for its commercial teams and advance development on new features.
The Patent Trial and Appeal Board determined three AliveCor patents regarding the detection of heart conditions like cardiac arrhythmias were unpatentable.
EchoGo Heart Failure, developed in partnership with the Mayo Clinic, helps physicians detect heart failure with preserved ejection fraction.
Medical waste-management firm Stericycle sold the business to Carenet for approximately $45 million in cash.
Patient engagement platform Ostro scooped up $45 million, and Cloud Health Systems, a new startup from Instacart cofounder Apoorva Mehta, reportedly raised $30 million.