Want to have a successful digital health startup? Be honest. Understand the market. Know your capabilities in terms of innovation and technological and human resources. And, above all, focus on the people you have and the problems you are trying to address.
"The biggest issue is focus," Dr. Barry P. Chaiken, Boston-based CMIO at enterprise software developer Infor and a veteran of clinical...
Over the course of the past few weeks, various digital health companies have raised funds. The roundup below includes investment news from companies that offer a range of digital health products and services, including online physician visits, non-invasive medical sensors, snail mail-powered remote monitoring devices, and portable blood test devices.
ConsultingMD $10 million: Palo Alto,...
Annapolis, Maryland-based Zephyr Technology, a wearable remote monitoring company, has raised $2.4 million from undisclosed investors, according to an SEC filing. Former investors include 3M New Ventures, Alsop Louie Partners and Motorola Solutions Venture Capital.
Zephyr products include the BioHarness 3, which a user wears around his or her chest to monitor heart rate, breathing rate, ECG,...
San Francisco-based HealthTap announced this week that it had raised $24 million in its second round of funding. Khosla Ventures led the investment with return backers Mayfield Fund and Mohr Davidow Ventures contributing, too. As part of the deal, Khosla Venture's Keith Rabois and former Square COO will join HealthTap's board of directors. Vinod Khosla will join as an advisor, too.
HealthTap’s...
Madison, Wisconsin-based Asthmapolis, which offers a FDA-cleared inhaler sensor and app for people with asthma, COPD, or cystic fibrosis, announced that it has raised $5 million in its first round of funding. The investment was led by The Social+Capital Partnership, a relatively new venture fund started by Chamath Palihapitiya, an early executive at Facebook who left to start the investment fund...
Digital health incubator Rock Health has released it's 2012 year in review report, and it shows that venture capital investment in digital health is robust, if still tentative by some measures. Overall investment is up, but a large percentage of the numbers are accounted for by a few big deals and a few big investors.
Venture capitalists invested $1.4 billion in digital health in 2012, a 45...
The West Health Investment Fund, which is a part of the West Health Institute, announced a $4.25 million investment into Reflexion Health, a startup that recently spun out of the institute. Reflexion plans to offer a physical therapy digital health program that leverages Microsoft Kinect for Windows. The West Health Institute developed the software and Reflexion is licensing it.
Like the first...
AirStrip Technologies, maker of mobile patient monitoring software, has landed a substantial investment from British charitable foundation Wellcome Trust, which supports commercialization of breakthroughs in biomedial research. The San Antonio-based company will use the funding to realize previously announced plans to help physician users extract data from electronic health records.
Per company...
According to an SEC filing this week, Baltimore, Maryland-based WellDoc has raised more than $500,000 toward a hoped for $10 million round of funding. According to the filing, six investors have contributed to the round so far. (Correction: Original article misstated the amount as $13 million.) In the past the company has raised some $5 million, according to various reports. When Forbes named...
Waltham, Massachusetts-based Affectiva, which spun out of the MIT Media Lab in 2009, has raised $12 million from Kleiner Perkins Caufield Byers and Horizons Ventures to build out its emotion measurement technology for advertisements and for various medical research initiatives. According to various media outlets, the company has now raised more than $20 million, including grants from the National...
