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One Medical raises a healthy $40 mln in growth funding

One Medical Group, a San Francisco-based provider of healthcare services, has raised $40 million in growth capital in a round led by Redmile Group. Current investors also participated in the round. One Medical previously raised $76.5 million in funding from Benchmark Capital, DAG Ventures, Oak Investment Partners, Google Ventures and Maverick Capital.

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Health diagnostics ‘tricorder’ maker Scanadu raises $10.5 mln from Relay Ventures, Tony Hsieh, Jerry Yang

Scanadu, a developer of personalized health electronics, has raised $10.5 million in Series A funding that was led by Relay Ventures. Other investors include Tony Hsieh’s VegasTechFund, Jerry Yang’s Ame Cloud Venture, Broe Group, Mindful Investors and Redmile Group. Scanadu previously raised $1.7 million in a crowdfunding campaign on the Indiegogo platform that was launched in May. The company has now raised $14.7 million in funding to date. Scanadu, which is based at the NASA Ames Research Center in Moffett Field, Calif., makes a medical sensor device inspired by the tricorder on “Star Trek” to diagnose information about a patient, such as cardiovascular health. Scanadu founder and CEO Walter De Brouwer told peHUB that the company expects to begin shipping in March.

Castlight Appoints Driscoll as President

Castlight Health, a provider of health care transparency solutions for employers and payers, has appointed John Driscoll as president. Castlight Health is headquartered in San Francisco and backed by investors including Allen & Company, Cleveland Clinic, Maverick Capital, Morgan Stanley Investment Management, Oak Investment Partners, Redmile Group, T. Rowe Price, U.S. Venture Partners, Venrock, Wellcome […]

Oxford Nanopore Closes on $41M

Oxford Nanopore Technologies Ltd., a UK-based developers of nanopore technology, has sealed 25 million pounds ($41 million) in new funding. Lansdowne Partners, IP Group, Invesco Perpetual, Redmile Group, Illumina and other undisclosed investors participated in the round. The company had previously raised 49 million pounds. Oxford Nanopore was formed in 2005, and will use the money for continued development.

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