Medsphere raises $12 million for electronic health records
Turning the U.S.’s rickety paper-based system of health records into a state-of-the-art electronic one is no pretty task.
But someone’s got to do it.
Medsphere Systems Corporation, an open-source electronic health records provider, said it raised $12 million today to meet demand from hospitals racing to keep their eligibility for federal funds by revamping their records systems.
Carlsbad, Calif.-based Medsphere is one of several companies that are adapting VistA, or the Veteran Health Administration’s electronic medical records system, for… Continue Reading
Virtualization startup HyTrust launches with $5M backing
HyTrust, a startup that’s developed an appliance to provide a single point of control and oversight for virtual data centers, is launching its flagship product today. The Mountain View, Calif. company says its HyTrust Appliance will make companies more comfortable using virtualization to deploy their most critical applications because it will ensure the same security and compliance assurances as is possible with physical infrastructure.
The company’s launch partners include VMWare, Symantec, Cisco, and Citrix, and it… Continue Reading
TriCipher raises $12M for secure logins
TriCipher, maker of software that assures the identity of users logging into online applications, just brought in $12 million in a fourth round of funding for further expansion. The San Mateo, Calif. company says it has already added 100 new clients in the past nine months. It also recently launched its myOneLogin product, a single sign-on authentication system for companies looking to prevent fraud and identity theft.
The investment round was provided by ArrowPath Venture Capital,… Continue Reading
DEMOfall 08: SpinSpotter aims to clear up media bias
SpinSpotter is a new browser plug-in that hopes to arm online news junkies with the power of pointing out when the media has a dog in the fight.
It works like this: Users install the plug-in, which currently is only available to FireFox users, though an IE 7.0 plug-in is coming down the pike. While browsing news stories, you flag instances of media bias or spin, using the guidelines of what the company calls the “Seven… Continue Reading
Freescale spins out its MRAM chip business
I wish my memory could get this kind of upgrade. Today, a new kind of chip memory is going to get a boost with the launch of a new venture spin-out company. If it succeeds, we’ll be carrying around much more responsive, instantly available portable gadgets in the future.
MRAM has been in the research labs for a long time as a chip technology that has the combined advantages of both temporary and permanent memory. But… Continue Reading
Life sciences briefing: Friday, Feb. 15, 2008
TODAY’S HEADLINES:
Q Thera takes in $15M for neural stem-cell treatments (release)
Stroke clotbuster Concentric Medical withdraws IPO (IPOhome)
Avera recaps with $9M to relaunch human tests of GI drug (VentureWire)
Tissue repairer Nerites raises $5.7M (release)
Semafore Pharma aims for $7.5M to launch new cancer-drug trials (VentureWire)
Triage Wireless gets $6.7M for “cuffless” blood-pressure monitors (peHUB)
MAKO Surgicals prices IPO, falls in first day of trading (WSJ)
ImmunoCellular acquires assets of Molecular Antibody Technology (release)
Q Thera takes in $15M for neural stem-cell… Continue Reading
Life sciences briefing: Tuesday, Jan. 22, 2007
TODAY’S HEADLINES:
Teva acquires protein-therapeutic maker CoGenesys for $400M (release)
ViewRay takes in $25M for MRI radiation-therapy guidance (release)
NovaMed, Chinese clinical-research outfit, receives $14M (release)
Progentix Ortho raises first funding round (release)
Medical imaging co. Point Biomedical recaps with $25M (VentureWire)
Lumidigm takes in $7M for optical-fingerprint ID systems (VW)
Medical-software co. Compressus aims to close $14M round (VW)
Channel Medical Partners aims for $150M med-tech fund (VW)
Spinal-implant maker Scient’x names Michael Huggins as CEO (release)
Specialty pharma Cardiokine names Manuel Worcel as… Continue Reading