Google Glass medical app developers Pristine, announced today that it has raised $5.5M in Series A financing to expand telehealth through Google Glass. Pristine is only company that has developed a HIPAA-compliant video streaming and checklist solutions for Google Glass. The round was led by S3 Ventures which also included Capital Factory, HealthFundr, and a syndicate of strategic clients. The funding will be used to expand the company's R&D, sales, marketing, and operations teams,
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Medisafe Grabs First Prize at Health 2.0’s Traction Startup Championship Competition
MediSafe, a mobile health medication management platform connecting patients and health providers has won first prize in this year’s Traction: Health 2.0’s Startup Championship.The top-rated and cloud-synced platform allows doctors to increase care quality between office visits by sending “automatic prescriptions” with take-as-directed instructions directly to patients through their mobile app.
Traction is part of Health 2.0’s Annual Fall Conference in Santa Clara, exhibiting innovative
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Telehealth Provider Teladoc Raises $50M in Equity Funding
Telehealth provider Teladoc has announced it has secured a $50 million round of equity funding led by Palo Alto-based Jafco Ventures, a leading technology venture capital firm. This cash fusion will further reinforce Teladoc’s leadership position and support the acceleration of its robust growth strategy.
Teladoc will continue to pursue growth organically and through additional strategic partnerships and targeted acquisitions. The company is anticipating record-setting growth in January 2015
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Employee Digital Health Platform Jiff Closes $18M Series B Round
Employee digital health platform Jiff today announced an $18 million Series B round led by Venrock. Jiff provides an enterprise solution for self-insured employers to connect to and manage hundreds of innovative digital health tools, and provides each employee an individualized health incentives program through an addictive mobile experience.
“With founders James Currier and Stan Chudnovsky behind them, Jiff also has the best engagement and product design team we have ever seen in healthcare
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Big Data Cancer Platform COTA Secures $3.7M in Funding from Insurer
Big data cancer platform COTA closes $3.7M of planned $7M Series A funding round to make value-based cancer care delivery and reimbursement a reality.
The promise of value-based care and big data insights in healthcare are undeniable. But few have found a way to integrate it in a real-life setting and obtain the consensus of payers, providers, patients, technology partners etc. COTA, which today closed $3.7M in Series A funding from Horizon Healthcare Services, Inc. , is changing that status
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Digital Health Funding Expected to Top $6.5 Billion by 2017
Digital health funding is expected to double in the United States over the next three years, growing from $3.5 billion in 2014 to $6.5 billion by the end of 2017, according to new research by Accenture. The forecast is based on market analysis, project experience, third-party analysis and data from 2,000 digital health start-ups receiving funding between 2008 and 2013.According to Accenture, an estimated $2.8 billion was used to fund digital health start-ups last year, growing at an annual rate
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Health Data Aggregator Validic Adds New Integration & Research Partners
Validic, the healthcare technology interoperability platform for aggregating digital health data, announced today the addition of several new clients and partners, as they continue to expand and grow their global digital health ecosystem.
With the addition of several new clients, which include Alere, The Vitality Group, Everyday Health, Datu Health, and ShapeUp, Validic’s client population size increases from 72 million to 80 million lives. Validic continues in discussions with major health
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DoctorBase CEO Talks Health Tech Entrepreneur Hardships
DoctorBase’s CEO John Kim shares lessons learned and explains why it takes more than experience for health tech entrepreneurs to find success in the health tech industry.
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Wellframe Raises $8.5M in Series A Funding Led by DFJ
Wellframe, a Boston-based company that combines mobile technology and artificial intelligence to amplify caring clinical relationships by engaging patients in personalized care plans, announced today that the organization has closed on $8.5 million in financing, led by DFJ, with participation from Formation 8, Waterline Ventures and Queensbridge Venture Partners.
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Revenue & Sustainability: Metrics for Health Tech Startup Success
Anne DeGheest, co-founder of HealthTech Capital explains the two most important metrics for health tech startup success.
2014 has been a great year so far for health tech startups with record breaking funding flowing into the sector. According to Rock Health, 143 digital health companies raised $2.3 billion in funding in the first half of 2014. Another notable aspect is that average deal size has risen significantly from $10 million last year to $15.6 million now.
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