The Medical Device Business Journal — Medical Device News & Articles | MassDevice
HealthTap, a Silicon Valley health tech company, just wrapped up one of the most lucrative Series B financing rounds in the digital health industry. Khosla Ventures led the $24 million raise, and former capitalists Mayfield Fund and Mohr Davidow Ventures also contributed.
UCLA spin-out Tribogenics landed $2.5 million from a network of angel investors and Flywheel Ventures for the commercialization of its next-generation x-ray technology.
Tribogenics’ technology, developed at UCLA by Carlos Camara, enables low-cost X-ray sources for scientific instruments, security screening and medical devices.
Personalized medicine test maker AssureRx Health completed an $11 million Series B round.
The Mason, Ohio-based company plans to use the funding to expand sales and marketing for its GeneSightRx test, which helps doctors pick the right psychiatric drugs for patients based on their genes. The company launched the test in 2009.
AssureRx also intends use the investment to develop an unspecified second product, according to the company.
