Basis Science, a San Francisco, CA-based provider of a health tracker to improve fitness and sleep, raised a further $11.75m in Series B funding.
Backers included Intel Capital, iNovia Capital, Dolby Family Trust, Stanford University and Peninsula-KCG as well as existing investors Mayfield Fund, DCM and Norwest Venture Partners.
Led by Jef Holove, CEO, BASIS Science is the company behind Basis, a wrist-based (and online personal dashboard) health tracker that allows people to incorporate healthy habits into their daily routine. The product, which is available for purchase, at $199, leverages four types of advanced sensors to calculate steps taken, calories burned and sleep quality, as well as physiological metrics like heart rate. Users can set new health goals and automatically adjust weekly targets based on progress.
The company has also expanded its product team with Vice President of Product, Ethan Fassett, a veteran in mobile and platform product strategy.
06/03/2013: Basis Science Raises $11.5M in Series B Funding