Health optimization provider Welltok, Inc. has acquired Silverlink, a leading healthcare consumer communications company to enhance multi-channel, targeted patient engagement. The acquisition was supported in part by $45 million in funding from venture firms Georgian Partners, EDBI and Flare Capital, as well as existing institutional and strategic investors.
By integrating Welltok’s CaféWell Health Optimization Platform™with Silverlink’s proactive engagement technology platform and services,
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Health Crowd Pulls in $2.1M for Secure Messaging to Health Plan Members
HealthCrowd, a unified, end-to-end engagement platform for healthcare has closed $2.1M in additional seed funding led by Startup Capital Ventures, Herlitz Capital, Healthy Ventures, Band of Angels, Berkeley Angel Network, and 37 Angels. The capital will be utilized to accelerate operations to support its increasing demand for enterprise healthcare communications platform for payers.
Founded in 2011, HealthCrowd's unified communications for payers uses text messaging, interactive voice
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VC Firm Andreessen Horowitz Launches $200M Bio Software Fund
Menlo Park, CA based venture capital firm Andreessen Horowitz is launching a new $200 million fund focused on funding companies software companies in the bio space led by Vijay Pande, the firm's first professor in residence from Stanford University, where he was a professor of chemistry, computer science, and structural biology.
The new software-focused bio fund will focus on investments in three emerging areas:
1. Digital health & therapeutics - digital therapeutics for chronic
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Mental Health App Joyable Raises $8M to Treat Anxiety, Depression
San-Francisco-based Joyable, an evidence-based, affordable mental health service provider has raised $8 million in Series A funding led by returning investors Thrive Capital and Harrison Metal. The funding will be used to develop the company's first-ever native mobile app to offer Cognitive Behavioral Therapy (CBT) and expand its service to more of the 15 million Americans currently suffering from clinical social anxiety. The company previously raised $2M seed round.
Launched in March 2015,
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McKesson Ventures Invests in Home Care Platform ClearCare
Today, McKesson Ventures announced an undisclosed strategic investment in cloud-based home care platform ClearCare. The latest round of strategic funding follows an $11 million funding round in 2014, led by Bessemer Venture Partners (BVP), with participation from Cambia Health Solutions and existing investors Voyager Capital, Qualcomm Ventures and Harbor Pacific Capital. Prior to this strategic investment by McKesson Ventures, ClearCare raised $15.5 million.
As 90 percent of people over
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AIA, Konica Minolta Launch Digital Health Accelerator in Singapore
AIA Group Limited and Konica Minolta, Inc. are teaming up to launch the 'AIA - Konica Minolta Digital Health Accelerator' in Singapore. The 12 week program supports entrepreneurs and businesses to deliver innovative solutions through integrating data to healthcare delivery.
The Singaporean Government's spend on Healthcare in Singapore is expected to double to SG$8 billion by the end of 2015, from SG$4 billion in 2011. 'Digital Health' solutions present one of the most promising growth
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4 Reasons Why Fossil Acquired Misfit for $260M
On Thursday, watch maker giant Fossil Group, Inc. entered into a definitive agreement to acquire wearable technology company Misfit, Inc.for $260 million. The purchase price, which includes transaction costs, will be funded through a combination of cash on hand and bank debt.
Fossil Group expects the acquisition to close before the end of fiscal 2015, subject to customary closing conditions and regulatory approval. Misfit founder and CEO Sonny Vu will now serve as president and chief
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DICOM Grid Raises $3M for Cloud-Based Medical Images
DICOM Grid, makers of the leading cloud-based, medical image management suite has raised $3 million in venture debt financing from City National Bank to the Series B equity financing led by Canaan Partners last year. The latest funding brings its total funding to date at $34M. The company plans to use the new funds to ramp up sales and marketing efforts and accelerate product development.
To date, DICOM Grid has processed over 2 billion diagnostic images, more than 100,000 every month, and
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TeleHealth Startup HealthiestYou Raises $30M to Help Consumers Avoid Expensive Visits
HealthiestYou, a Scottsdale, Arizona-based telehealth company focused on engagement and utilization has raised $30 million in growth investment from Charlotte, North Carolina-based Frontier Capital. The company will use the investment to accelerate sales and marketing efforts, technology enhancements and leadership to increase its share of the large and rapidly growing telehealth market.
HealthiestYou Telehealth App
Available to individuals and employers, HealthiestYou can be
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TigerText Pulls In $50M to Accelerate Secure Messaging Market Share
TigerText, a provider of secure communications and workflow platform for the enterprise has raised $50 million in Series C funding to accelerate adoption of its secure messaging app, "TigerConnect." The Series C round was led by Norwest Venture Partners, Invus Group and Accolade Partners, as well as existing investors Shasta Ventures, OrbiMed, and Reed Elsevier. Dr. Robert Mittendorff, principal at Norwest Venture Partners and board certified emergency physician will join the TigerText board of
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