News
While Under Armour, Apple, and Weight Watchers, have all, to varying degrees, become more involved in the calorie-tracking mobile app space, Lose It, one of the original innovators, has been quietly chugging along, capping its funding at $7 million because, according to CEO Charles Teague, the company has been profitable since at least last March.
UK-based Babylon, a remote care company, has raised $25 million in a round led by Investment AB Kinnevik with participation from Hoxton Ventures, Innocent Drinks cofounders Richard Reed, Adam Balon, and Jon Wright, as well as Deepmind cofounders Demis Hassabis and Mustafa Suleyman.
The wearable space is evolving to the point where the difference between smartwatches and fitness trackers will be one of branding and aesthetics, rather than functionality, according to a new report from Juniper Research.
Healthcare IT funding, spread across 574 deals, reached $4.
The FTC’s PrivacyCon, an all day event that included presentations and discussions from a number of privacy researchers, one presentation focused on the data privacy risks associated with direct to consumer genomic data services.
Call9, which offers emergency care via video visits to nursing homes, raised $10 million in a round led by Index Ventures with participation from Y Combinator Partner Ali Rowghani, previously an exec at Pixar and Twitter; Palantir Cofounder Joe Lonsdal; and 23andMe CEO Anne Wojcicki.
Senseonics, a Germantown, Maryland-based company working on a longterm implantable continuous glucose monitor, has filed to go public with an IPO that, for now at least, is valued at $51.
According to a new report from data security company Arxan, even some FDA-cleared mobile health apps and apps recommended by the UK’s NHS are vulnerable to multiple security risks from the Open Web Application Security Project’s list of top ten mobile security vulnerabilities.
Boston-based Lifeguard Games, a kid-focused health education game company that did business as Wellapets, has changed its name to Wizdy and launched its first app, called Wizdy Pets, which teaches children about asthma management.
About the author: @DanGebremedhin is a Senior Associate at Flare Capital Partners, an early stage Health Technology and Services focused VC Firm.