Wearable health technology manufacturer Basis Science adds $11.75m to its $23m series B, now backed by Stanford University.

Stanford University has joined the consortium of investors backing Basis Science, adding $11.75m to its now $23m series B round.

Backers in the round include Stanford, Intel’s venture arm Intel Capital, venture firms DCM, Mayfield Fund, Norwest Venture Partners, Peninsula KCG, iNovia Capital, and the Dolby Family Trust.

The latest funding brings the total amount raised by the US-based startup to $32m. Norwest and DCM participated in Basis’ $9m series A held in 2011 shortly after when it was founded.…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.

Not sure if you have a subscription?