DynoSense confirms to mHealthWatch that it has closed a $9.4 million Series A funding round.
According to the details shared, participation came from WI Harper Group; JKOM Cloud Health Technology Co; Plug and Play Tech Center; Jinmao Capital; and Wilson, Sonsini, Goodrich and Rosati.
A provided statement indicates that DynoSense will use the proceeds to support U.S. regulatory clearance and commercialization of its patented Dyno, “the world’s first fully integrated multi-function health scanner technology that can capture more than 33 critical health metrics in less than 60 seconds with a single user action.”
The captured health data is securely and wirelessly uploaded to the company’s cloud computing platform for further analytics and processing, and is then communicated with healthcare professionals.
“Our mission is to be at the forefront of the digital healthcare revolution, a market anticipated to reach more than $26 billion by 2020,” said Saeed Azimi, chief executive officer of DynoSense. “With the Dyno, we are marking a new paradigm in how patients can be remotely monitored for physiological changes. We believe this will open up a whole new era of disease prevention that will enhance delivery of care, resulting in leapfrog improvements in efficiency, health outcomes and cost reduction.”