Personal cardiac monitor developer Personal MedSystems has secured $5.4m in a round backed by KPN's corporate venturing subsidiary, Personal MedSystems.

Germany-based cardiac health technology developer Personal MedSystems has received €5m ($5.4m) in series B funding from backers including KPN Ventures, the corporate venturing arm of telecommunications company KPN.

The round also featured Sino German High-Tech Fund, which is backed by the Chinese and German governments, as well as development banks KfW and NRW.Bank, the latter of which represents the German state North Rhine-Westphalia, and VC fund High-Tech Gruenderfonds.

Personal MedSystems has built a smartphone-based, personal electrocardiogram device called CardioSecur capable…