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This funding comes on the heels of the company's launch of Hers, a female health-focused online order and delivery service.
This new funding will help the Israeli company accelerate growth and substantially increase its staff.
BioTelemetry will pay $45 million in upfront cash with additional performance-based earn-out considerations of no less than $20 million.
Connected hearing aid owners can now request a virtual consultation and receive a scheduling response within 24 to 48 hours.
The funding will also bankroll new clinical trials of the fertility sensor and app.
While connected devices currently reign supreme, authors of the report see a market opportunity for new players offering a purely digital service.
The new funding was provided by Boston-based private equity firm Abry Partners and will be used to scale the platform globally.
The company plans to use the money to expand its reach in the US, including a expanding to a New York office and more clinical studies.
Europe’s tech ecosystem: 2018 a record year for investment, but inclusion and diversity remain key …
International tech investment firm Atomico releases the 2018 State of European Tech report.
Social determinants of health, platform plays, and big data were three standout trends.