Blue Cross Blue Shield of Massachusetts and Blue Cross and Blue Shield of Kansas both backed a round that boosted the heart monitor developer's total financing to $77m.
US-based healthcare management technology developer InfoBionic closed a $50m financing round yesterday that included health insurance providers Blue Cross Blue Shield of Massachusetts and Blue Cross and Blue Shield of Kansas.
Eagle Investments, Excel Venture Management and Safeguard Scientifics also participated in the round. Blue Cross Blue Shield of Massachusetts took part through its Zaffre Investments unit.
Founded in 2011, InfoBionic has created a system called MoMe Kardia to monitor the condition of patients with cardiac arrhythmia.
The device is…
