Of the combined fitness band and smartwatch base, Fitbit remains the top brand at 18.5%, but Apple and Samsung follow closely with 14% and 11.6%, respectively.
The app was built in partnership with Alzheimer's Research UK, University College London, the University of East Anglia, and game developers Glitchers.
The company offers a complete cloud-hosted platform that caters to the healthcare sector's strict compliance and privacy concerns across the globe.
Funds will be used to accelerate R&D in advanced audio and image analysis, data science and new solutions across enterprise, government and healthcare markets.
Called RANKED Health, it aims to provide unbiased and accurate information to help accelerate patient and provider adoption of digital health solutions.
55% are accessing their health record to simply stay informed; 29% of those consumers who say they do have an EHR are not getting much benefit from it.
The company provides a cloud-based software that helps increase access to mental health care professionals by connecting providers and patients.
The company will use the money to accelerate the market penetration of its CardeaScreen product and finalize the development of its wearable sensor technology.