Monday, June 11, 2012

Qualcomm Re-Ups On AliveCor

San Diego-based Qualcomm has re-upped its investment in a maker of an electriocardiogram (ECG) device which connects into iPhone, iPad, and Android devices. According to AliveCor, which is based in San Francisco, it has raised $10.5M in a series B round, which was led by Burrill & Company and Khosla Ventures, and also included Qualcomm, via its Qualcomm Ventures investment arm and Qualcomm Life Fund. Oklahoma Life Sciences Fund also participated. AliveCor said the funds will go to launch and commercialize its mobile ECG device. More information »

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