Quanttus, a Cambridge, Massachusetts developer of new wearable technologies for health monitoring, raised $19m in Series A financing.
Backers included Khosla Ventures, which had previously provided a $3m seed financing, and Matrix Partners.
The company intends to use the funds to further develop its technologies.
Led by Shahid Azim, CEO and co-founder, Quanttus is advancing wearable technologies (developed by a team of experts from The Massachusetts Institute of Technology, Nike, Apple, IDEO and Massachusetts General Hospital) and devices integrating clinical-grade vital signs monitoring such as monitor lack of sleep, dehydration, high blood pressure, diabetes, and inactivity, and contextual analysis for people to understand their bodies and improve their health.
The platform includes:
– Wearable technologies that can capture and analyze more than half a million vital sign data points per day, and
– Applications that translate this data into real-time insights to help people make choices that improve their health.
FinSMEs
24/02/2014