The corporate venturing unit of US-based technology company Qualcomm and US-based merchant bank Burrill & Company have helped US-based heart testing company AliveCor raise $3m.
Qualcomm Ventures and Burrill were joined by Oklahoma Life Sciences Fund in the series A round for AliveCor, which makes mobile applications for heart monitoring.
A promotional video for AliveCor’s product, which trials a case designed for Apple’s iPhone, was broadcast on YouTube in December last year and has had more than 250,000…
