The medical practice has participated in a $5m round raised by the healthcare app, and will also provide its trained professionals for the service.
Month: April 2014
Mozilla gains Beard, investments to possibly grow next
Chris Beard has left venture capital firm Greylock Partners to take the reins as Mozilla CEO, leading to speculation the company could heighten its corporate venturing.
OxThera pulls in $10.6m
Mayo Clinic has joined medical device maker Q-Med as an investor in the company, which is testing a drug that will prevent kidney failure.
Acquisitions on the agenda as VMware reveals plans to invest $500m in India
Acquisitions are set to play a part as the software company, which recently bought AirWatch for $1.54bn, announces ambitious plans for its Indian operations.
Automattic set to cross t’s on $150m equity round
New York Times and CNET-backed Automattic is reportedly raising a new equity round sized between $100 and $150m.
Telefonica and Blackstone team up to sell mobile advertising
The Spain-based telecom company has invested in a new UK-based company that will sell targeted mobile advertising.
Mérieux Développement puts faith in Kalila Medical
France-based Mérieux Développement, the healthcare investment company for Institute Mérieux, has invested an undisclosed sum in US-based medical device producer Kalila Medical. Mérieux’s investment is part of a larger partnership with medical technology incubator Shifamed, which incubated Kalila Medical. Isaac J. Bright, managing director of Mérieux, said the partnership will “support development and initial commercialisation… Continue reading Mérieux Développement puts faith in Kalila Medical
Epirus closes $36m series B, announces merger with Zalicus
The biosimilar developer, which has closed a funding round led by Livzon Mabpharm, will take a majority share in the merged entity.
Scripps forms partnership with Johnson & Johnson in drug discovery initiative
Johnson & Johnson has invested an undislosed amount in the venture, which will seek to commercialise biomedical technology developed by Scripps.
XAnge helps to deliver $10m round for The Currency Cloud
The payment service has secured $17m in total funding and will now seek to expand into new regions.
Blackberry invests in NantHealth as part of collaboration agreement
The companies will collaborate on healthcare-specific communication technology, which could include a dedicated smartphone model.
LearnVest plans for $28m series D round
The financial planning company has secured $28m in a round backed by American Express among others.
TPG invests $100m in emerging markets joint venture
The new entity, Katalyzers, formed in conjunction with Smile Group, will invest in internet and e-commerce companies’ activities in emerging economies.
Betterment optimises Citi Ventures for $32m equity round
The investment management company has incorporated its first investor from the banking industry as it brings its overall funding to $45m.