BodyMedia produces on-body wearable sensors, including the BodyMedia FIT armband system, that track users' activity levels and measure sleep patterns. The company plans to use the new funding to develop products targeting chronic diseases such as diabetes, as well as remote elder care and sleep disorders. CEO Christine Robins framed the opportunity as building on the convergence of healthcare, technology and consumerism to introduce broader body monitoring solutions. BodyMedia previously received federal funding for work on a diabetes prevention and management solution. Financially, the company has raised $49 million to date, including the $12 million announced in this round.

Total raised

$12M

Funding rounds

1

Latest round

Equity

Latest activity

May 2012