The Journal of mHealth Vol 1 Issue 1 (Feb 2014) | Page 10
INDUSTRY
NEWS
News and Information for
Digital Health Professionals
Scanadu
Secures
$10.5 Million
in Funding
One of the big mHealth stories of 2013 came
from Scanadu, and the company looks set to
keep making headlines throughout 2014.
The company announced in late 2013 that following the overwhelming success of their crowdfunding campaign on Indiegogo, they had received $10.5 million in December in Series A
funding. Relay Ventures led the round of funding with participation from Tony Hsieh’s VegasTechFund, Jerry Yang’s Ame Cloud Ventures
and others with a track record in building disruptive companies of great value in the mobile,
cloud, consumer and healthcare industries. This
new round of funding will be used to support
Scanadu’s go-to market strategy and manufacturing, continue its path to FDA approval and add
talent to the team. The company also announced
that it has formed a Medical Advisory Board and
will conduct its first
clinical trials at the
Scripps Translational
Science Institute.
Continued on page 12
8
February 2014
CES 2014...A
Digital Health
Showcase
Digital Health Dominates CES 2014
This year’s Consumer Electronics Show was once again a
tech-lover’s dream with the launch of curved screen televisions and ultra high definition screens amongst the many
other tech and gadgetry innovations on show. One trend
that was evident at this year’s event was the dominance of
Digital Health solutions.
The organisers have reported a 40% increase, from last
year, in the number of digital health exhibitors. In real
terms this meant over 300 medical technology exhibitors.
John D. Korry, Managing Director of medical equipment
technology consultancy at Accenture, attributes this to the
growing trends for digital technology across multiple industries. “We believe this is linked to an overarching trend,
which is that every business is a digital business and every
consumer, or patient, is a digital consumer.”
The show also played host to the 5th Annual Digital Health
Summit, with keynote speakers across all areas of digital
health, focusing on the latest products and growing consumer demand for high-tech health services, particularly
through the lens of the Affordable Care Act. Companies
on display encompassed solutions for diagnostics, monitoring and treatmeant of a variety of illnesses -- from obesity to ADHD, from poor vision to high blood pressure.