Company

The company has developed a next generation prescription decision support at the point of care to help large health systems reduce costs and improve outcomes.

Fourth quarter revenues of $23M represent a Y-o-Y increase of 75%; meanwhile the number of visits increased 67% to 184,000 in the quarter.

The company has developed an artificial intelligence technology that provides initial medical diagnosis from a simple photo and a description of symptoms.

As part of the deal, Gloria will also get an 18-month period of exclusive negotiation with Proteus to establish a joint venture company in China.

Called Dreem, the device comes in the form of an adjustable headband that incorporates a series of sensors that act like a portable EEG.

Tractica predicts that annual wearable device shipments will grow at a compound annual growth rate (CAGR) of 36.9%, increasing from 85 million units in 2015.

The company will use the funds to continue its growth and support further innovation in accurate biometric wearable technology.

CBC is deploying Sense Health with 12 of its NYC care management agencies to enable two-way text message communication between care coordinators and patients.

The company will use the funds to accelerate production, develop new products, and finance growth initiatives; Eight will start shipping in early spring 2016.

The consumer-friendly EEG headband paired with a neuroscience-designed game app allows users to train their brains for a healthier mind.