Fitbit, Fossil, Healbe Unveil New Wearables At CES 2016

The International Consumer Electronics Show kicked off in Las Vegas this week, starting what will be the biggest electronics conference of the year. The event is expected to draw nearly 200,000 visitors and 4,000 companies from across the globe. CES is regularly used as a platform for new product releases, and 2016 has proven to be no exception. On its first day, Fitbit, Fossil, and wearable newcomer Healbe have unveiled new devices.

Fitbit, Fossil, Healbe Unveil New Wearables At CES 2016

Fitbit unveils the Blaze, its newest fitness tracker. The company has dominated market share in the fitness tracker market with such a significant competitive edge that competitor Jawbone has filed complaints against it for turning the industry into a monopoly. Analysts were lukewarm about the future of the fitness tracker market as recently as last year because consensus was that smartwatches from Apple, Samsung, and others would absorb the customer base. By most accounts, Fitbit is on track to avoid that outcome, but looks to be adding another layer of security with its newest tracker. The Blaze is, more or less, a Fitbit smartwatch. The Blaze introduces a new color screen with custom watch faces, and comes with several options for different watch bands. In addition to the standard activity tracking options, the Blaze syncs with a smartphone and supports call, text, GPS navigation, and calendar updates.

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Hometeam Raises $27 Million Series B To Ramp Up Home Care Platform

 

Hometeam Raises $27 Million Series B To Ramp Up Home Care Platform

New York City-based startup Hometeam announces that it has closed a $27 million Series B funding round led by Oak HC/FT, with additional participation from returning investors IA Ventures, Lux Capital, and Recruit Strategic Partners. The funding follows an $11 million Series A that closed in July 2014, bringing Hometeam’s total funding level to $38 million since its 2013 launch. Founded by a 26 year-old Silicon Valley transplant with programming experience but no healthcare background, the startup is working on software that supports the $80 billion in-home senior care market. Founder Josh Bruno notes that his motivation for starting the company came after his family struggled to pair his 93 year-old grandfather with a quality caregiver.

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Trevia Digital Health Raises $1.6 Million For Its Diabetes Care Platform

Overland Park, KS-based startup Trevia Digital Health has raised $1.6 million in early stage venture funding according to a recently filed SEC Form D. This round is Trevia’s first disclosed investment round. The company began its fundraising push in December 2014, and continued throughout 2015. A March 2015 Form D filing showed only modest progress, with $117,000 in confirmed investments. In its newest filing, Trevia appears to have hit its stride, brining its total raised to $1.6 million out of a targeted $8 million initial round. Investors have not been disclosed, but Trevia does report that it has secured investments from 14 individuals or institutions thus far. While the momentum appears to be picking up, the round will likely close sometime in 2016, and appears destined to fall short of its initial $8 million goal.

Trevia is building a business around the need to improve diabetes care coordination, a market ripe for disruption that has attracted the likes of Google, which is working to on a number of projects aimed at improving the technology used to monitor blood glucose levels; and IBM Watson, which has partnered with both Medtronic and Novo Nordisk to bring Watson’s analytics capabilities to the software side of diabetes management. For its part, Trevia is building a telehealth platform designed to improve access to eye exams for diabetics. Diabetic eye exams are a critical, but often missed, preventative measure used to monitor for signs of diabetic retinopathy. Diabetic retinopathy is a condition in which uncontrolled blood sugar damages the blood vessels responsible for providing nutrients to the retina, leading to vision loss and glaucoma. If caught early, the condition can be corrected with laser surgery, and so preventative screenings are part of the standard treatment plan for all diabetics.

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Trevia Digital Health Raises $1.6 Million For Its Diabetes Care Platform

Overland Park, KS-based startup Trevia Digital Health has raised $1.6 million in early stage venture funding according to a recently filed SEC Form D. This round is Trevia’s first disclosed investment round. The company began its fundraising push in December 2014, and continued throughout 2015. A March 2015 Form D filing showed only modest progress, with $117,000 in confirmed investments. In its newest filing, Trevia appears to have hit its stride, brining its total raised to $1.6 million out of a targeted $8 million initial round. Investors have not been disclosed, but Trevia does report that it has secured investments from 14 individuals or institutions thus far. While the momentum appears to be picking up, the round will likely close sometime in 2016 and appears destined to fall short of its initial $8 million goal.

Trevia Digital Health Raises $1.6 Million For Its Diabetes Care Platform

Trevia is building a business around the need to improve diabetes care coordination, a market ripe for disruption that has attracted the likes of Google, which is working to on a number of projects all aimed at improving the technology used to monitor blood glucose levels, and IBM Watson, which has partnered with both Medtronic and Novo Nordisk to bring Watson’s analytics capabilities to the software side of diabetes management. For its part, Trevia is building a telehealth platform designed to improve access to eye exams for diabetics. Diabetic eye exams are a critical, but often missed, preventative measure used to monitor for signs of diabetic retinopathy. Diabetic retinopathy is a condition in which uncontrolled blood sugar damages the blood vessels responsible for providing nutrients to the retina, leading to vision loss and glaucoma. If caught early, the condition can be corrected with laser surgery, and so preventative screenings are part of the standard treatment plan for all diabetics.

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Google Glass 2.0 Welcome News For Many Digital Health Glass Startups

Google has updated its Google Glass FCC filing with new images and descriptions of a second edition device expected to be released in 2016. The new device represents a strategic shift of Google’s original vision for Glass. While Glass was originally designed as a consumer electronics device, it is now being designed as a workplace tool, and will be marketed under the Glass Enterprise Edition label when it is released. Rumors have swirled around the Google Glass project since Google pulled the plug on its Glass Explorer program in January 2015. At the time, it was reported that Glass would be redesigned for the workplace, and Google encouraged Enterprise developers to continue working on their apps. One industry analyst responded, “Given the uncertainty around the program and whatever changes may come in the next few months, it’s likely that many developers will put their efforts on ice until they hear more about Google’s plans for the platform.”

Those plans began to solidify over the next several months. Google confirmed that its Glass team was being moved out of the X labs and under the direction of former Nest CEO Tony Fadell, and that software updates for the devices would cease. For the next year, Google has quietly worked to improve its original design. Now, with both pictures and descriptions available on the FCC website, the public can see the changes Google has put in place. The most notable physical difference is that the new version can be folded up like a pair of traditional glasses, something that the original Google Glass could not do and one of the most requested enhancements to come from the Explorer program. Glass also got a larger display prism, an external battery pack, improved WiFi connectivity, and a new chip set that improves overall performance.

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