May 20, 2013
In the third quarter of 2012, mHealth companies received $213.3 million in venture capital bringing the year to date total investment in the sector to $707 million according to data collected by Mobile Health Market News.
Monitoring technology garnered the largest share of venture capital dollars in the quarter taking in $89 million or 42% of the total. The sector also included two of the bigger deals of the quarter, $36 million to Tandem Diabetes Care and $25.5 million to Telcare. Both companies are diabetes related.
Health Care IT Services came in second place among mHealth sub-sectors in Q3 with a total of $83.3 million. The sector included the largest deal of the quarter, a $50 million round going to Care.com, a online social networking tool for caregivers.
For more details, and a complete breakdown of venture capital investments in mobile health during the third quarter, download the report below. For prior reports visit our “Library” and scroll our Investment News and Reports section.
Mobile Health Market News Venture Capital Report Q3 2012