Investor

The all-cash deal is expected to close by the end of the year, subject to regulatory clearance.

Also: Digital pathology startup Proscia raises $37 million in Series C funding.

The startup said the round brings its total raise to more than $50 million.

During a panel discussion at Going Digital: Behavioral Health Tech 2022, investors discuss what's next for the space as funding slows down, and explore the value of direct-to-consumer tools.

Also: Healthcare professional networking and data platform H1 adds another $23 million to its Series C round, and chronic condition management company DarioHealth secures a loan facility of up to $50 million.

Shipments of wearables declined 3% year-over-year, according to a report by the International Data Corporation.

The pandemic has forced major investment in digital health to help expand and create solutions that support patients and healthcare professionals through one of the most challenging times in history says Prof Sam Shah, Founder Faculty of Future Health, CoMD with Ulster University, visiting faculty UCL Global Business School for Health and HIMSS22 Europe speaker.

The round brings the company's total raise to $83 million.

The Wolf+Friends app will relaunch this summer to include support groups facilitated by DotCom's mental health professionals as well as educational content.

The suit claims Teladoc, CEO Jason Gorevic and CFO Mala Murthy made misleading statements or failed to disclose that increased competition was affecting its BetterHelp mental health segment and its chronic care business.