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Augmedix raises $16m to bring Google Glass to doctors

January 12, 2015

Seed

Percolata, an in-store sensor and retail analytics platform, has emerged from stealth mode to secure $5 million in seed financing from Andreessen Horowitz, Google Ventures, Foundation Capital, and Menlo Ventures, among others. In addition to the sensors that track customer behavior, through the combination of video and audio files with mobile fingerprinting, Percolata also offers a workplace management application designed to optimize how a retailers staff their stores. The company is based in Palo Alto, Calif.

Series A

Although not yet seen regularly on the streets, Google Glass has several compelling  enterprise applications. Augmedix and its backers, which include DCM and Emergence Capital, are betting that doctors will be one of the groups to adopt the technology. The San Francisco, Calif.-based company secured $16 million to build out an application for the device that will feed a patient’s medical information directly to a physicians line of vision.

Auckland’s peer-to-peer lending platform Harmoney has secured $10 million in venture financing from NZX, Trade Me, and Heartland New Zealand. The deal comes at a time when peer-to-peer lending is especially popular among investors. Two such American-based companies, Lending Club and OnDeck Capital, went public in the end of 2014.

Growth equity

The leading NOSQL database company MongoDB has raised $80 million of the $100 million it expects to ultimately raise, according to a regulatory filing with the SEC. A list of investors who have committed to the round, or are expected to do so, was not disclosed. However, the latest cash infusion brings total funding to over $310 million. Previous investors include Sequoia Capital, Union Square Ventures, Red Hat, Intel Capital, and Fidelity.

The Chinese e-commerce giant Alibaba is hoping to get in on what it hopes will be Asia’s next big e-commerce company: One97 Communications, a mobile marketplace and payments platform based in New Delhi. Alibaba will reportedly pour $575 million into the company in exchange for 30 percent equity, which would give the company a valuation of close to $2 billion.

 

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Filed Under: Finance, Investment Round Up, Startups

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