Financial

Using data collected from personal devices like the Jawbone UP, these programs are tailored to each individual user to provide optimized help at the right time.

The initial investment group is a syndicate of investors primarily from Singapore, as well as a major lead by Steven Welch, private investor based from Nevada.

Valleys' Ventures, LP and CIT Gap Funds provided the money, which will be used to expand the service and increase workouts available.

The two companies will collaborate on the development of HIPAA and other government privacy certified, integrated clinical systems.

A number of investors participated in the round, including Runa Capital, Maxfield Capital, FundersClub, Bruno Bowden, Silicon Valley Bank and Box, among others.

The new funds will be used to further develop the company's "database as a service" to provide a secure API for healthcare apps.

The fresh cash will be used to develop requested product features, fuel marketing and sales and efforts, support client deployments and improved the experience.

The primary target for Kannact's product are patients with chronic conditions who could manage their health more efficiently and stay out of the ER.

The new money will be used to scale the team, improve the product, and support existing and new partners.

The company has also announced its annual challenge to users inspired by the Tour de France. There are over $55,000 to win in prizes.