Portfolio News: iBeat, the Lifesaving Smartwatch, Extends Seed Round to $4.5 Million


iBeat (April 2016 Dinner), which makes a wearable that monitors cardiac function, closed another $3 million in funding last month, bringing its total seed stage funding to $4.5 million. iBeat plans to use the additional funds for key hires, to begin clinical testing, refine its sales and marketing strategies, and further scale its tooling and manufacturing operations.

Read the full press release here