News & Updates

Grand Rounds raised $40 million in Series B funding led by Greylock Partners. Grand Rounds is building a consulting network for companies to provide their employees with access to health care advice and treatment from physicians and specialists across the U.S.

Meet You, a Chinese app for period tracking and female community, closed US$35 million in Series C funding. Meet You started the business as a menstruation period tracing app and gradually shifted its focus to constructing a female community, where users can discuss and share tips on various topics, like parenting, fashion, keeping fit, relationships, etc.

FreeWavz, a new set of smart, wireless earphones with built-in fitness monitoring, launched a Kickstarter campaign to raise $300,000. The earphones were designed by an ENT doctor, and provide a complete heads up solution for fitness aficionados who don’t want to look down at an app for information during a workout.

OMsignal, Health 2.0’s 7th Annual Launch! Winner and makers of smart clothing (seriously, go look), raised a $10 million Series A investment led by Bessemer Venture Partners (BVP).

ZocDoc is raising a $152 million round at a $1.6 billion valuation, according to a Delaware Certificate of Corporation filing. In February, the company said it surpassed 5 million users and was available in 2,000 cities (40 percent of the U.S. market), with plans to be available everywhere in the country by the end of 2014.

Physicians Interactive, a provider of web and mobile based clinical resources health care professionals, acquired MedHelp, an online health community and health application platform. The acquisition was financed by Merck Global Health Innovation. Terms of the deal were not released.

Online health and wellness resource, Vertical Wellness launched the “Peel the Hate” campaign to bring awareness to racist behavior during sporting events. The campaign is asking people to take a unique photo of themselves with a banana, write or hashtag “Peel the Hate” on it, and post it on their social media pages.

According to a new study by MarketsandMarkets, the global health care/medical simulation market is estimated to be worth $1.9B by 2017. The key driving factors are increasing health care costs, rising demand for minimally invasive treatment, and increasing consolidation of manufacturers.

Sprint will launch Samsung Galaxy S® 5 Sport, a Spark enabled device with both the hardware and software targeted towards the growing health and fitness markets. The device will also offer mobile solutions in collaboration with companies like Under Armour and MapMyFitness.

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