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DarioHealth also relayed that its revenue increased by 1.7% in the second quarter of the year, compared to the same period last year.
The company's purchase will allow it to expand into the U.K. market.
Matt Cybulsky, LBMC practice leader for healthcare AI, value-based care and product innovation, discusses consulting digital health companies on seeking investment.
The value-based care company will use the funds to enhance its datasets and services.
Talkspace also announced a 29% year-over-year revenue growth in the second quarter, and Clover Health reported an 11% increase in revenue.
Daisy Wolf, investing partner at Andreessen Horowitz, joined MobiHealthNews to discuss technology's role in healthcare and provide advice to founders seeking funding.
The New York-based company's stock price fell upon news of a 2% decrease in second-quarter revenue and a $837.7 million net loss.
The women's health app will use the funds to expand its workforce in North America and Europe, scale its reach and enhance its technology.
The funding announcement comes just one year after the company secured a $71 million investment.
Scopio Labs secured $42 million in Series D funding, and robotics company NAVIGANTIS closed a $12 million Series A round.