Portfolio News: iBeat, the Lifesaving Smartwatch, Extends Seed Round to $4.5 Million; Builds Out Executive Bench with Hires from Apple and Stanford

iBeat, a wearable technology company empowering people to live longer lives, today announced it has closed another $3 million in funding, bringing its total seed stage funding to $4.5 million. New investors include WTISV Tech VenturesLee Equity, and renowned entrepreneurs and angel investors Michael RubinMark Burg, and Harald Ludwig. They join original investors MaveronSubtraction CapitalCorrelation VenturesBand of Angels, super-angels Ali and Hadi PartoviKKR founding partner Henry Kravis, and cardiothoracic surgeon and host of “The Dr. Oz Show,” Dr. Mehmet Oz. The company is also pleased to share it is building out its executive bench with leaders from Stanford University and Apple.

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