Tech Company Financing Transactions

AliveCor Funding Round

On 6/11/2012, AliveCor raised $10.5 million in Series B investment from Burrill & Company, Khosla Ventures and Qualcomm Ventures.

Transaction Overview

Company Name
Announced On
6/11/2012
Transaction Type
Venture Equity
Amount
$10,500,000
Round
Series B
Investors

Burrill & Company (Lead Investor) (Bryant Fong)

Khosla Ventures (Lead Investor) (Michael Kourey)

Qualcomm Ventures

Proceeds Purpose
AliveCor will use the funding to launch and commercialize its mobile ECG device, pending 510(k) marketing clearance by the Food and Drug Administration, in the human health and animal health markets. The funding also enables expansion for new mHealth applications and services for international markets.

Company Information

Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
444 Castro St. 6th Floor
Mountain View, CA 94041
USA
Email Address
Overview
The AliveCor Mobile ECG is powered by the free AliveECG app that runs on your compatible smartphone or tablet. The AliveCor Mobile ECG records accurate ECGs and heart rate anywhere, anytime at an affordable cost.
Profile
AliveCor LinkedIn Company Profile
Social Media
AliveCor Company Twitter Account
Company News
AliveCor News
Facebook
AliveCor on Facebook
YouTube
AliveCor on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Priya Abani
  Priya Abani LinkedIn Profile  Priya Abani Twitter Account  Priya Abani News  Priya Abani on Facebook
Chief Financial Officer
John Maley
  John Maley LinkedIn Profile  John Maley Twitter Account  John Maley News  John Maley on Facebook
Chief Medical Officer
David Albert
  David Albert LinkedIn Profile  David Albert Twitter Account  David Albert News  David Albert on Facebook
Chief Technical Officer
Siva Somayajula
  Siva Somayajula LinkedIn Profile  Siva Somayajula Twitter Account  Siva Somayajula News  Siva Somayajula on Facebook
VP - Bus. Development
Ira Bahr
  Ira Bahr LinkedIn Profile  Ira Bahr Twitter Account  Ira Bahr News  Ira Bahr on Facebook
VP - General Counsel
Brian Clarke
  Brian Clarke LinkedIn Profile  Brian Clarke Twitter Account  Brian Clarke News  Brian Clarke on Facebook
VP - Product Management
Alfred Woo
  Alfred Woo LinkedIn Profile  Alfred Woo Twitter Account  Alfred Woo News  Alfred Woo on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/11/2012: Epiphany Solar Water Systems venture capital transaction
Next: 6/11/2012: Lehigh Technologies venture capital transaction

 

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