DynoSense Closes $9.4M Series A Funding

DynoSense-logoDynoSense, a Sunnyvale, Calif.-based digital health company, closed a $9.4m Series A funding.

Backers included WI Harper Group; JKOM Cloud Health Technology Co; Plug and Play Tech Center; Jinmao Capital; and Wilson, Sonsini, Goodrich and Rosati.

The company will use the proceeds to support U.S. regulatory clearance and commercialization of its patented Dyno.

Led by Saeed Azimi, chief executive officer, DynoSense provides a multi-function health scanner technology that addresses the digital health market, which spans managed elderly care, chronic disease care, hospital discharge care, consumer health and telemedicine. It can capture more than 33 critical health metrics in less than 1 minute with a single user action. The captured health data is wirelessly uploaded to the company’s cloud computing platform for further analytics and processing, and is then communicated with healthcare professionals.

The technology is currently optimized to capture all five fundamental vital signs as well as other key health metrics, including:
– Electrocardiogram (ECG), for all heart parameters and heart related irregularities
– Photoplethysmography, for extracting blood oxygen (SPO2)
– Pulmonary plethysmography, for extracting respiration rate, breathing volume and breathing efficiency (CO vs. oxygen)
– Blood pressure changes
– Core body temperature, and
etc.

The company is working toward a submission to the U.S. Food and Drug Administration for 510(k) clearance of its Dyno technology.

FinSMEs

25/08/2015

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