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May 23, 2012 05:00 pm GMT
BodyMedia, one of the growing number of companies that offers wearable body sensors, just announced that it has raised a $12 million funding round led by Comcast Ventures. The company's products, including its BodyMedia FIT on-body monitoring system, currently focuses on tracking users' activity level, but the company plans to use the money raised in this round to focus on products related to chronic diseases like diabetes, as well as remote elder care and sleep disorders. BodyMedia is a new investment for Comcast Ventures. Other investors in this round include Draper Fisher Jurvetson ePlanet, Draper Triangle Ventures, Ascension Health Ventures and InCube Ventures.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/2ffQsB33mdk/
BodyMedia Raises $12 Million Funding Round Led By Comcast Ventures
BodyMedia, one of the growing number of companies that offers wearable body sensors, just announced that it has raised a $12 million funding round led by Comcast Ventures. The company's products, including its BodyMedia FIT on-body monitoring system, currently focuses on tracking users' activity level, but the company plans to use the money raised in this round to focus on products related to chronic diseases like diabetes, as well as remote elder care and sleep disorders. BodyMedia is a new investment for Comcast Ventures. Other investors in this round include Draper Fisher Jurvetson ePlanet, Draper Triangle Ventures, Ascension Health Ventures and InCube Ventures.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/2ffQsB33mdk/
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