Investors Sue Duluth Startup GeaCom

sourced

By Brooks Johnson, Duluth News Tribune

“Investors are suing Duluth’s GeaCom Inc. for millions of dollars, alleging the medical device maker fraudulently led them to buy stakes in the company, according to court filings.

Five minority shareholders, who together invested more than $3.5 million into GeaCom, want to “recover the investment induced by … false statement regarding pending sales,” according to court documents filed in February.”

Read More…

Sansoro Health Banks $5.2 A Round Led By Bain For EMR Tech

sourced

Via News Release

Screen Shot 2017-04-13 at 7.33.59 AMSansoro Health, an award-winning pioneer in data integration for health care, today announced that it has closed $5.2 million in Series A funding led by Bain Capital Ventures. Sansoro Health makes it easy to exchange real-time health care data between digital health applications and electronic medical records (EMRs).

The new funding will be used to expand sales, marketing and operations to accelerate Sansoro Health’s vision of transforming health care IT ecosystems through real-time digital health interoperability.”

Read More »

Optum’s New VC Arm Invests $7.5M In HealthTech Startup SHYFT Analytics

sourced

Categories

Optum-SHYFT-280By Sam Schaust, Twin Cities Business

“The investment arm of Optum, the fast-growing, technology-focused health services subsidiary of UnitedHealth Group, recently participated in a $20 million funding round for medtech startup SHYFT Analytics.

Optum Ventures’ investment of $7.5 million pushed Waltham, Massachusetts-based SHYFT over its funding goal. The startup did not specify what its Series B funding round goal was, but it did state the round was oversubscribed.”

Read More…

Mayo Clinic Ups Stake In Digital Health Startup AliveCor

sourced

AliveCor-280By Don Jacobson, Twin Cities Business

“The Mayo Clinic has increased its venture investment stake in a Silicon Valley digital health startup touting a smartphone-based system that taps Mayo’s know-how in machine learning to detect and predict abnormal heart rhythms and the risk for stroke.

AliveCor of Mountain View, California, announced last week it has completed a Series D funding round of $30 million, led by Omron Healthcare, with participation from Mayo and its other existing inside investors. The goal is to boost the fortunes of the new Kardia Pro software platform, which is aimed at doctors.”

Read More…

Stratasys and VA Create The First Hospital 3-D Printing Network

sourced

Categories

By Dee DePass, Star Tribune

Screen Shot 2017-03-17 at 10.10.46 AMStratasys Ltd. has teamed up with five veterans hospitals to create the first three-dimensional printing hospital network in the country, company officials announced Thursday.

Under the partnership with the U.S. Department of Veterans Affairs (VA), Stratasys will provide VA hospitals around the country with industrial 3-D printers, 3-D printing plastics, other materials and training that will allow doctors to make customized medical devices for veterans. The first VA hospitals to receive the 3-D printers are located in Seattle, San Antonio, Albuquerque, Orlando and Boston, Stratasys officials announced.”

Read More…

Local Startup OperaDDS Brings Tech to Teeth

Categories

Introducing new technologies to age-old industries that are set in their ways can be like pulling teeth.

Fortunately, that happens to be Dr. Bryan Laskin‘s specialty.

About seven years ago, the longtime dentist decided to grow from his successful solo operation in Wayzata and open another practice. But while he was shopping for communication systems to equip the new location, he grew frustrated with the antiquated and overpriced options available.

“I tried a bunch,” he says. “They all sucked, frankly.”

Read More »

OneMedNet Raises Half A Million For Medical Imaging Software

Categories

screen-shot-2016-09-12-at-8-07-02-amEden Prairie-based OneMedNet has raised $500k in equity investment per this SEC disclosure.

Formed in 2006, OneMedNet specializes in the exchange of medical imaging. Their flagship BEAM software suite features an array of features for providers and patients to securely and quickly share information across a number of devices and networks.

Read More »

Post Navigation