News & Updates

MediSafe, a medicine adherence application, raised $1M in Series A funding. The round was led by TriVentures and lool Ventures, with angel investors Eyal Gura, Yadin Kaufmann and Yair Schindel joining in.

FDA released the final guidelines for regulating mobile medical applications that support medical devices as well as applications that convert a mobile device into a regulated medical device.

Sprint, a telecom provider, and Techstars, a mentorship-based startup accelerator, have partnered to launch the Sprint Mobile Health Accelerator in Kansas City. The three-month program will coach a class of 10 startups, who will each receive $120K in seed funding.

Experian Healthcare, a provider of revenue and data consultancy services, launched a tool to help providers identify and enroll eligible individuals for health insurance exchange (HIX) subsidized programs.

LabStyle Innovations received CE Mark certification for its smartphone based blood glucose monitor and diabetes management system, Dario. LabStyle recently raised $10M in funding by common stock, and is now gearing to apply for US FDA certification.

Simplee, an enterprise cloud platform for patient payments, announced that it raised $10 million in Series B funding led by Heritage Group.

Greenway Medical Technologies agreed to be taken private by Vista Equity Partners for $644 million. The deal calls for Greenway to combine with Vitera Healthcare Solutions, a privately held electronic health records provider owned by Vista Equity.

Practice Fusion announced a $70 million Series D financing round led by Kleiner Perkins Caufield & Byers (KPCB). The new funding brings the company’s total capital raise to $134 million.

HopeLab will launch Zamzee for Groups, a data-collection tool that will use the Zamzee activity tracker to help doctors, clinicians and other program leaders motivate, measure and manage the physical activity of individuals and groups. Zamzee for Groups is currently in beta and is set to launch in October.

PatientSafe Solutions announced that it has closed a strategic investment from EDBI, the investment arm of the Singapore Economic Development Board, bringing its total Series C funding to $27 million.

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