Philips is a global technology company that specializes in healthcare, consumer lifestyle, and lighting products, solutions, and services. The company provides a wide range of offerings, including healthcare solutions, professional lighting products, oral healthcare items, and innovative display technologies. For consumers, Philips offers electronic products in categories such as sound and vision, personal care, mother and child care, housewares, and lighting. The company's commitment to improving health and well-being is evident in its focus on meaningful innovation and its efforts to address healthcare inequalities through initiatives like the Philips Foundation, which aims to enhance access to quality healthcare for disadvantaged communities.
Rology is a teleradiology platform based in Cairo, Egypt, founded in 2017. The company addresses the global shortage of radiologists by providing a solution that efficiently matches radiologists with hospital cases based on their availability and specialization. This platform aims to reduce latency in reporting times, enabling patients to receive timely medical reports. Additionally, Rology enhances radiologists' productivity through an AI-powered DICOM reader, which supports the growing demand for radiology examinations such as CT and MRI. By leveraging technology, Rology facilitates quicker and more effective communication between healthcare providers and radiologists, ultimately improving patient care.
DiA Imaging Analysis
Acquisition in 2023
DiA Imaging Analysis Ltd. specializes in AI-driven ultrasound analysis technology aimed at enhancing cardiac function diagnostics. Established in 2009 and based in Beersheba, Israel, the company provides a suite of automated tools, including LVivo EF for ejection fraction evaluation, LVivo RV for right ventricle analysis, and LVivo Strain for assessing myocardial strain. These solutions address common challenges faced by clinicians, such as obtaining optimal images and accurately analyzing them for clinical abnormalities. DiA's products, which can be integrated into any ultrasound device or healthcare IT system, also include LVivo SAX for detecting coronary heart disease and LVivo Mobile for mobile ultrasound analysis. The company holds regulatory clearances for its cardiac toolbox and serves a global user base, reflecting its commitment to making ultrasound analysis smarter and more accessible.
B-Soft
Post in 2022
B-Soft provides information technology solutions and services for the healthcare industry in China. The company offers venture hospital information platform products, laboratory information systems, entrepreneurship medical management information systems, mobile products, venture medical imaging systems, venture electronic medical records systems, and many other products. B-Soft was established in 1997 and is headquartered in Hangzhou, China.
CVAid
Series A in 2022
CVAid Medical focuses on developing an artificial intelligence-based platform aimed at enhancing stroke detection and triage. This technological solution is designed to improve the diagnosis of strokes, ultimately saving lives by facilitating early intervention. The company's approach encompasses the entire process, starting from pre-hospital early diagnosis, through in-hospital management, and extending to follow-up care after discharge. By providing tools that assist both physicians and patients, CVAid Medical aims to improve treatment outcomes through timely and effective stroke management.
Vesper Medical
Acquisition in 2021
Vesper Medical, Inc. is a medical device company established in 2016 and based in Wayne, Pennsylvania. The company focuses on developing minimally invasive peripheral vascular products specifically designed for treating deep venous disease. Its flagship offering, the Vesper DUO Venous Stent System, features a unique combination of strength and flexibility that addresses the complex anatomical challenges of venous stenting, particularly in the iliac and femoral veins. Vesper Medical aims to provide safe, effective, and user-friendly solutions for both patients and healthcare providers, enhancing the treatment of deep venous conditions.
Cardiologs
Acquisition in 2021
Cardiologs is a medical technology company founded in 2014 that focuses on enhancing cardiac diagnostics through the use of medical-grade artificial intelligence and cloud technology. The company's flagship product, the Cardiologs Holter solution, leverages a proprietary database of over 18 million recordings, underpinned by numerous clinical publications that affirm its diagnostic accuracy. Cardiologs aims to democratize access to expert cardiac care worldwide by providing healthcare practitioners with advanced tools for electrocardiogram interpretation and automatic heart disorder screening, thereby streamlining the diagnostic process and improving patient outcomes. Their innovative approach combines cutting-edge deep learning technology with a commitment to making high-quality cardiac diagnostics accessible to all.
Pulse Medical Technology
Series C in 2021
Pulse Medical Technology develops innovative technology for the diagnosis and optimal treatment of pan-vascular diseases.
Allm
Series A in 2021
Allm Inc. is a medical ICT company based in Tokyo, Japan, that focuses on enhancing healthcare communication through advanced technologies. Founded in 2001, Allm offers a variety of applications designed to facilitate communication among healthcare professionals, including Kaigo for home care workers, Kango for home care nurses, and MySOS for first-aid support and medical record management. Additionally, the company provides AcaMed, an online community aimed at advancing medical research, and FollowUP, a business intelligence system for real-time management information. Allm's solutions are utilized in over 18 countries across regions such as the US, South America, Europe, Japan, the Middle East, and Africa, contributing to improved efficiency and quality of care in community healthcare systems. The company, formerly known as SkillUpJapan Corp., rebranded to Allm Inc. in January 2015 and operates several subsidiaries globally.
Noninvasix
Venture Round in 2021
Noninvasix, Inc. is a medical technology company based in Galveston, Texas, that specializes in non-invasive precision oximetry for measuring brain oxygenation in preterm infants within neonatal intensive care units. Founded in 2007 by Dr. Donald Prough and Dr. Rinat Esenaliev at the University of Texas Medical Branch, the company has developed a novel optoacoustic platform technology that allows for continuous monitoring of oxygen sufficiency in organs and veins without the need for invasive procedures. This technology is particularly useful in diagnosing and managing conditions such as sepsis and septic shock, enabling clinicians to assess tissue hypoxia in real-time and adjust treatments accordingly. Noninvasix has received over $6.8 million in funding, including substantial grants from the NIH and DOD, and has been recognized in various prestigious accelerator programs. The company's innovations have been validated in multiple peer-reviewed studies, and its intellectual property includes numerous patents both in the U.S. and internationally.
Capsule Technologies
Acquisition in 2021
Capsule Technologies, based in Andover, Massachusetts, is a leading provider of medical device connectivity solutions for hospitals and healthcare organizations. With over 12 years of experience, the company specializes in developing a platform that integrates medical device data, facilitating clinical surveillance and patient monitoring. Capsule Technologies offers award-winning software and medical-grade hardware products that capture and transform streaming data from various medical devices into actionable information. This data supports clinical documentation, alarm management, and patient surveillance, enhancing communication and collaboration among healthcare providers. The company has established itself as a market leader through its expertise in device protocols, firmware, and robust partnerships with major medical device manufacturers and healthcare information system companies, ultimately aiming to improve patient safety and satisfaction.
BioTelemetry
Acquisition in 2020
BioTelemetry is a healthcare technology company that specializes in mobile and wireless medical solutions for monitoring health information. It provides advanced technology and services aimed at enhancing the diagnosis and monitoring of cardiac arrhythmias and other health conditions. By offering monitoring services and digital population health management, BioTelemetry supports healthcare providers in delivering efficient and cost-effective patient care. The company also engages in medical device manufacturing and offers centralized laboratory services for clinical research, facilitating drug and device trials. Through its innovative solutions, BioTelemetry contributes to improving patient outcomes and streamlining healthcare processes.
Intact Vascular
Acquisition in 2020
Intact Vascular, Inc. is a medical device company based in Wayne, Pennsylvania, focused on developing minimally invasive products for peripheral vascular procedures. Established in 2011, the company is known for its Tack Endovascular System, which enhances the results of peripheral balloon angioplasty in treating peripheral arterial disease (PAD) and critical limb ischemia (CLI). This innovative technology aims to improve clinical outcomes and quality of life for patients suffering from vascular diseases, offering physicians a new and effective treatment option. Intact Vascular is dedicated to creating safe, efficacious, and user-friendly medical devices for healthcare providers and their patients.
The Kresge Foundation
Grant in 2020
The Kresge Foundation is an independent non-profit organization based in Troy, Michigan, established in 1924. With assets totaling $3 billion, the foundation is dedicated to enhancing the quality of life for future generations by promoting human progress and creating access and opportunities in underserved communities. Its work is organized into seven program areas: arts and culture, community development, education, health, human services, the environment, and initiatives specifically focused on Detroit. The foundation aims to improve the health of low-income individuals, support artistic expression, increase college achievement, and address global climate change through innovative solutions. Its executive management team oversees the foundation's assets and ensures that funds are allocated effectively to various grantees and programs.
Medumo
Acquisition in 2019
Medumo, Inc. is a healthcare technology company based in Boston, Massachusetts, founded in 2013. It offers a care management platform that automates the delivery of timely instructions to patients through SMS and email. Medumo's product, CareTours, provides healthcare organizations with the ability to send automated, turn-by-turn guidance to patients, enhancing engagement while reducing the burden on healthcare staff. By integrating mobile communication and artificial intelligence, Medumo enables providers to deliver the right information at the right time, ultimately improving patient outcomes and fostering a more knowledgeable healthcare environment. In 2019, Medumo became a subsidiary of Koninklijke Philips N.V., further expanding its reach in the healthcare sector.
Xealth
Series A in 2019
Xealth Inc. operates a digital health prescribing platform that allows clinicians to integrate, prescribe, and monitor digital health tools directly from electronic health record (EHR) workflows. Founded in 2016 and based in Seattle, Washington, the platform facilitates patient engagement by enabling care teams to order appropriate digital health tools and programs, which can be sent to patients via email or patient portals. In addition to managing digital health prescriptions, the platform supports patient education and offers non-clinical services such as ride shares and food delivery. This comprehensive approach allows clinicians to monitor patient activity and engagement, ultimately enhancing the overall effectiveness of digital health initiatives within healthcare systems.
Carestream Health - HCIS business
Acquisition in 2019
Carestream Health - HCIS business provides imaging IT solutions to multi-site hospitals, radiology services providers, imaging centers and specialty medical clinics around the world.
Babyscripts
Corporate Round in 2019
Babyscripts is a developer of a virtual maternity care platform aimed at enhancing prenatal and postpartum care for pregnant mothers. The company's three-tiered approach allows healthcare providers to deliver tailored, risk-specific care anytime and anywhere. The first tier features a mobile app that offers daily educational content and resources throughout pregnancy and the postpartum period. The second tier incorporates remote monitoring through medical devices, enabling patients to track health metrics like blood pressure and alerting providers to potential risks. This system facilitates the transition of care beyond traditional clinical settings, enabling providers to focus on higher-risk patients while automating routine care. The third tier fosters collaboration between care teams and insurers, addressing challenges in care coordination and access, ultimately improving health outcomes and reducing costs. Through its innovative platform, Babyscripts aims to eliminate maternal mortality and enhance access to quality care for all mothers.
Allm
Venture Round in 2018
Allm Inc. is a medical ICT company based in Tokyo, Japan, that focuses on enhancing healthcare communication through advanced technologies. Founded in 2001, Allm offers a variety of applications designed to facilitate communication among healthcare professionals, including Kaigo for home care workers, Kango for home care nurses, and MySOS for first-aid support and medical record management. Additionally, the company provides AcaMed, an online community aimed at advancing medical research, and FollowUP, a business intelligence system for real-time management information. Allm's solutions are utilized in over 18 countries across regions such as the US, South America, Europe, Japan, the Middle East, and Africa, contributing to improved efficiency and quality of care in community healthcare systems. The company, formerly known as SkillUpJapan Corp., rebranded to Allm Inc. in January 2015 and operates several subsidiaries globally.
Linkingmed
Non Equity Assistance in 2018
LinkingMed Inc. specializes in developing an oncology data analysis platform designed to assist medical institutions and hospitals in evaluating cancer and tumor data. The platform enables doctors, researchers, and medical physicists to analyze oncology data and accurately identify cancer locations within medical imaging. This capability allows medical professionals to review treatment plans digitally and determine suitable cancer treatments. LinkingMed also provides AI and cloud-based solutions for organ contouring, target delineation, automatic planning, and radiotherapy quality assurance tools and services, catering to radiotherapy departments and third-party medical imaging centers. The company maintains long-term strategic collaborations with both domestic and international research and clinical institutions and has secured multiple national scientific grants, working alongside notable organizations such as the National Institutes of Health and Harvard Medical School.
Blue Willow Systems
Acquisition in 2018
Blue Willow Systems, Inc. is a company focused on developing a cloud-based health monitoring system tailored for senior care facilities. Founded in 2014 and headquartered in Menlo Park, California, the company specializes in providing a fall detection and alert system that enables facilities to automatically monitor the health and location of their residents through a range of wearable and non-wearable sensor devices. This innovative platform not only enhances operational efficiency and care quality but also assists operators in managing staff, generating revenue, ensuring compliance with regulations, and reducing litigation risks. Blue Willow Systems serves both commercial facilities and operators who support seniors living at home, making it a versatile solution in the senior care market. As of 2018, Blue Willow operates as a subsidiary of Koninklijke Philips N.V.
OBMedical
Acquisition in 2018
OBMedical Company specializes in the development, manufacture, and sale of external maternal-fetal monitoring systems designed for laboring women. The company's flagship product, the LaborView sensor system, is a wireless electrode-based device that measures labor contractions and monitors the heart rates of both mothers and infants. This innovative system allows for greater mobility during labor by providing signal capture and digital signal processing. By enhancing the accuracy and comfort of monitoring, OBMedical aims to improve health outcomes and safety for mothers and their babies during pregnancy and labor. Founded in 2012 and headquartered in Newberry, Florida, with an additional office in Norcross, Georgia, OBMedical was sold to Philips Healthcare in late 2018. The technology behind the LaborView system was developed in collaboration with the University of Florida and Convergent Engineering, making it a significant advancement in obstetric care.
Xhale
Acquisition in 2018
Xhale is a company based in Gainesville, Florida, founded in 2005, that specializes in patient monitoring technology. The firm develops innovative devices aimed at enhancing conventional pulse oximetry by expanding the range of critical patient parameters that can be monitored. This technology enables hospitals and clinical settings to utilize a single-point-of-contact sensor that provides reliable monitoring under challenging conditions. In addition to its core monitoring solutions, Xhale has developed a SMART medication adherence monitoring system and a propofol monitor. In 2010, the company successfully commercialized its HyGreen hand hygiene monitoring system, which was later spun off into a separate entity with its own management.
Amwell
Corporate Round in 2018
Amwell is a telehealth platform based in the United States that facilitates the digital delivery of healthcare services. Founded in 2006 and headquartered in Boston, the company connects providers, insurers, patients, and innovators to enhance access to affordable, high-quality care. Amwell offers a comprehensive platform designed to address a wide range of telehealth needs, including urgent, acute, and post-acute care, as well as chronic care management and healthy living. With extensive experience in the field, Amwell supports over 240 health systems, which encompass 2,000 hospitals, and collaborates with 55 health plan partners, reaching more than 150 million individuals through over 36,000 employers. The platform provides both on-demand and scheduled consultations, enabling diverse care models that range from primary and urgent care to specialized services such as telestroke and telepsychiatry.
Oranger Technology
Series B in 2018
Oranger is a developer of portable wearable medical devices aimed at treating chronic respiratory diseases, particularly sleep apnea. The company offers remote management services that facilitate diagnosis and treatment at home. Utilizing a cloud-based interactive platform, Oranger provides comprehensive medical services, including screening, clinical evaluation, personalized treatment, and follow-up examinations. This approach empowers patients to effectively manage their conditions and supports their rehabilitation from chronic respiratory illnesses.
Remote Diagnostic Technologies
Acquisition in 2018
Remote Diagnostic Technologies Limited, incorporated in 1997 and based in Basingstoke, United Kingdom, specializes in designing and manufacturing remote monitoring and resuscitation solutions for pre-hospital and critical care services. The company develops advanced vital signs monitors and cardiac therapy systems that cater to the specific needs of pre-hospital users, as well as demanding applications in remote land, sea, and air environments. Their product offerings include defibrillation monitors and critical care monitors, enabling clients to effectively monitor critical health conditions. As of June 2018, Remote Diagnostic Technologies operates as a subsidiary of Philips U.K. Limited, enhancing its reach and capabilities in the global medical device market.
EPD Solutions
Acquisition in 2018
EPD Solutions Ltd. specializes in developing advanced cardiac imaging and navigation systems aimed at enhancing the treatment of heart rhythm disorders. Established in 2014 and headquartered in Tortola, British Virgin Islands, the company focuses on improving the efficacy and efficiency of minimally invasive catheter-based procedures for cardiac arrhythmias. Its innovative systems generate detailed 3D images of cardiac anatomy, which assist physicians in accurately locating and orienting catheters during diagnostic and therapeutic interventions. By facilitating safer procedures, EPD Solutions aims to significantly improve patient outcomes in the management of heart rhythm disorders. As of July 2018, EPD Solutions operates as a subsidiary of Koninklijke Philips N.V.
NightBalance
Acquisition in 2018
NightBalance B.V. is a company established by alumni of TU Delft, originating from research conducted at the Delft University of Technology in 2007 focused on enhancing positional therapy aids. Founded in 2009, NightBalance specializes in the development of the Sleep Position Trainer, a smart therapeutic device designed to address sleep apnea. This innovative therapy monitors patients' sleep behavior and actively prevents positional obstructive sleep apnea, allowing individuals to achieve more comfortable and restful sleep.
Common Sensing
Series A in 2018
Common Sensing, Inc. is a Cambridge, Massachusetts-based company that specializes in developing data-driven hardware and software solutions for individuals using injectable medications, particularly in diabetes care. Founded in 2012, the company is known for its flagship product, the Gocap, a smart cap that transforms conventional injector pens into smart injectors. This device allows for the logging of insulin doses, monitoring of temperature, and provides reminders and alerts, facilitating better management of insulin usage. Additionally, the Gocap app enhances patient care by allowing users to track the effects of insulin alongside glucose and meal entries, creating a comprehensive snapshot of their health. By enabling patients to share their insulin logs with healthcare providers and family members, Common Sensing aims to improve access to care, reduce healthcare costs, and ultimately enhance health outcomes for those managing diabetes.
VitalHealth Software
Acquisition in 2017
VitalHealth Software B.V. is a provider of cloud-based eHealth solutions aimed at managing chronic diseases such as diabetes, COPD, CHF, depression, cancer, and Alzheimer's. The company offers a variety of platforms, including VitalHealth, which supports the deployment of electronic health record (EHR) solutions, and VitalHealth CHM, designed for collaborative chronic disease management. Other offerings include VitalHealth QuestLink for patient engagement and VitalHealth Engage for facilitating interactions between patients and care providers. VitalHealth Software serves primary care, hospital, and behavioral health sectors both in the Netherlands and internationally. Established in 2005 and headquartered in Ede, the Netherlands, the company also has locations in the United States, India, and Germany. VitalHealth Software has formed strategic partnerships with organizations such as Global Health Care Innovation and ICHOM. As of December 2017, it operates as a subsidiary of Koninklijke Philips N.V.
Forcare
Acquisition in 2017
Forcare B.V. is a Dutch software company that specializes in providing solutions for healthcare interoperability. The company develops software products aimed at connecting various healthcare IT systems, enabling the sharing and exchange of patient data. By facilitating seamless communication between clinical information systems, Forcare aims to create a comprehensive view of patient information, enhancing the ability of healthcare institutions to collaborate effectively. This interoperability supports healthcare professionals in delivering high-quality care more efficiently, both within and beyond the healthcare enterprise. Through its innovative approach, Forcare contributes to improved patient outcomes and streamlined operations in healthcare settings.
Analytical Informatics
Acquisition in 2017
Analytical Informatics, Inc. specializes in developing and operating workflow tools and applications specifically for imaging departments in the healthcare sector. Founded in 2011 and based in Baltimore, Maryland, the company focuses on improving quality and efficiency through its clinical software. This software helps healthcare professionals identify operational patterns, uncover areas for improvement, and drill down into details to determine root causes of issues. By providing insights and optimizing the use of medical imaging equipment and personnel, Analytical Informatics enables clinicians to access real-time information and address workflow challenges effectively. As of November 2017, the company operates as a subsidiary of Koninklijke Philips N.V.
TomTec Imaging Systems
Acquisition in 2017
TomTec Imaging Systems GmbH specializes in the development and marketing of medical imaging and information management software, emphasizing clinical automation and workflow enhancement for healthcare professionals. The company offers a range of applications, notably the TomTec-Arena, which enables the review, analysis, and quantification of medical images in various dimensions and modalities, including ultrasound and MRI. Key solutions include Image-Arena Measurement for Echo examinations, Echo-Com for digital stress echo studies, and AutoStrain for automated analysis of left ventricular function. Additionally, TomTec provides tools for multimodal reviewing of cardiac data, myocardial deformation analysis, and support for transcatheter aortic valve implantation. Serving over 20,000 physicians and 600 healthcare facilities globally, TomTec's products cater to adult and pediatric cardiology, as well as obstetrics, gynecology, radiology, and vascular diagnostics. Founded in 1990 and headquartered in Unterschleißheim, Germany, the company has established itself as a leader in diagnostic medical imaging and healthcare IT, operating as a subsidiary of Koninklijke Philips N.V. since 2017.
Health & Parenting
Acquisition in 2017
Health and Parenting Limited, founded in 2012 and based in Guildford, United Kingdom, specializes in developing mobile applications focused on healthcare and family-related needs for expectant and new parents. The company's applications offer guidance on various topics, including menstrual cycles, fertility, ovulation tips, and pregnancy information. By providing essential resources and support, Health and Parenting aims to assist parents in navigating the challenges of parenthood and enhance their overall experience during pregnancy and early parenthood. As of July 2017, Health and Parenting Limited operates as a subsidiary of Koninklijke Philips N.V.
CardioProlific
Acquisition in 2017
CardioProlific is develops catheter-based thrombectomy approaches to treat peripheral vascular disease.
The Spectranetics
Acquisition in 2017
Spectranetics is a developer of single-use medical technology focused on improving cardiovascular health through innovative solutions for minimally invasive surgeries. The company specializes in lead management and offers advanced products for peripheral and coronary interventions, including scoring balloon technology and laser atherectomy. These tools are designed to assist healthcare providers in effectively managing cardiac leads, modifying plaque, and addressing complications such as restenosis and amputation. Founded with a commitment to product innovation, Spectranetics continually explores new methods to meet the evolving demands of challenging cardiovascular cases, ultimately aiming to enhance patient outcomes and improve overall quality of life.
Electrical Geodesics
Acquisition in 2017
Electrical Geodesics, Inc. is a medical device company specializing in the design, development, and commercialization of non-invasive neurodiagnostic products aimed at monitoring and interpreting brain activity. The company's primary offering is dense array electroencephalography (dEEG), which delivers high-resolution data on brain activity changes within milliseconds. Key products include the Geodesic EEG system 400, HydroCel Geodesic sensor net, Geodesic EEG system 400MR, and the Geodesic photogrammetry system. Additionally, the company provides software solutions such as net station EEG acquisition and review software, as well as dEEG-guided transcranial magnetic stimulation and reciprocity electrical source and head modeling. Electrical Geodesics also offers Geosource 3.0, featuring a visualization environment for brainwave analysis, and an online laboratory information system that enables multi-modal data storage and interaction with hospital information systems. Founded in 1992 and based in Eugene, Oregon, the company operates internationally across the United States, Canada, Europe, and Asia. As of 2017, Electrical Geodesics functions as a subsidiary of Philips Holding USA Inc.
RespirTech
Acquisition in 2017
RespirTech is a manufacturer of medical devices focused on enhancing the quality of life for patients suffering from chronic respiratory conditions, including cystic fibrosis, bronchiectasis, chronic obstructive pulmonary disease (COPD), and neuromuscular disorders. The company specializes in airway clearance therapy, employing a vest connected to a machine that generates compressions on the chest. This mechanism helps to loosen, thin, and mobilize mucus within the lungs, facilitating the clearance of excess mucus from the airways. By addressing airway secretion clearance, RespirTech aims to reduce breathing-related complications and improve overall respiratory health for its users.
ALung
Series C in 2017
ALung Technologies is a medical device manufacturing company based in Pittsburgh, Pennsylvania, founded in 1997. The company specializes in developing devices for gas exchange to treat acute and chronic respiratory disorders. Its primary product, the Hemolung Respiratory Assist System (RAS), functions as a dialysis-like alternative or supplement to mechanical ventilation, allowing physicians to effectively remove carbon dioxide from the blood without relying solely on the lungs. This technology aims to reduce the need for intubation and invasive ventilation, thereby improving patient outcomes. Additionally, ALung offers the Hattler Catheter, which facilitates the insertion of its gas exchange devices into the central venous bloodstream.
Aventura Software
Acquisition in 2017
Aventura intelligently orchestrates assets, people, and systems to deliver the right information at the right time based on location and credentials. It locates and re-assigns the closest online printer and uniquely manages print routing to make it easier to detect and fix printing failures. Aventura was formed in 2007 and headquartered in Denver, Colorado.
WellCentive
Acquisition in 2016
WellCentive is a provider of cloud-based population health management and data analytics solutions, headquartered in Alpharetta, Georgia. Founded in 2005, the company focuses on transforming complex data from various points of care into actionable insights that enhance comprehensive care management and facilitate collaboration among payers. WellCentive's services support preventive care, evidence-based chronic disease management, and clinical integration, enabling its clients to participate in performance-based reimbursement programs. The company delivers significant value to its customers, generating over $500 million annually in value-based revenue by improving health outcomes for approximately 30 million patients, utilizing intelligence derived from 1.5 billion data points each month.
PathXL
Acquisition in 2016
PathXL, based in Northern Ireland, specializes in digital pathology image analysis and workflow software, as well as educational tools. The company's software is designed to enhance image analysis and streamline workflow management in the pathology and biopharma markets. By facilitating the examination of patient tissue samples, PathXL plays a crucial role in the diagnosis and treatment of various diseases, particularly cancer. Its solutions cater to both research and educational segments, improving diagnostic quality and enabling pathologists to review and share extensive clinical data. Additionally, PathXL's offerings support the development of new therapies and ultimately aim to enhance patient outcomes.
Sweetch
Series A in 2016
Sweetch is a behavioral science company that utilizes artificial intelligence and emotional intelligence to provide digital therapeutic solutions aimed at improving clinical outcomes for individuals with chronic conditions. The company's hyper-personalized engagement platform offers tailored recommendations that consider the appropriate timing, tone, and real-world context for each patient's health journey. This approach enables pharmaceutical companies, medical device manufacturers, payers, and healthcare providers to foster continuous relationships and effectively engage with patients at scale, ultimately supporting individuals in achieving their health goals.
Blue Jay Consulting
Acquisition in 2015
Blue Jay Consulting specializes in providing consulting services to hospital emergency departments across the United States. Established in 2006 and headquartered in Orlando, Florida, the firm focuses on process improvement and offers a range of services that include executive coaching, triage training, charge nurse training, and enhanced interim leadership. By addressing various operational challenges in emergency departments, Blue Jay Consulting aims to optimize performance and improve patient care.
Volcano Corporation
Acquisition in 2014
Volcano Corporation specializes in the development and manufacturing of medical devices aimed at improving endovascular procedures. The company offers a comprehensive range of technologies that enhance the diagnosis of vascular and structural heart diseases while simplifying imaging and therapeutic processes. By utilizing sound as a guiding element, Volcano's products provide physicians with advanced analytical tools that yield more meaningful information. Their innovations focus on making medical interventions less invasive and more effective, ultimately empowering healthcare professionals worldwide in the management of complex cardiovascular conditions.
Philips
Acquisition in 2014
Philips is a global technology company that specializes in healthcare, consumer lifestyle, and lighting products, solutions, and services. The company provides a wide range of offerings, including healthcare solutions, professional lighting products, oral healthcare items, and innovative display technologies. For consumers, Philips offers electronic products in categories such as sound and vision, personal care, mother and child care, housewares, and lighting. The company's commitment to improving health and well-being is evident in its focus on meaningful innovation and its efforts to address healthcare inequalities through initiatives like the Philips Foundation, which aims to enhance access to quality healthcare for disadvantaged communities.
Biocartis
Series E in 2013
Biocartis SA, established in 2007 and headquartered in Lausanne, Switzerland, is a molecular diagnostics company specializing in developing diagnostic technology platforms for multiplexed detection of bio-analytes such as proteins, nucleic acids, and small molecules. The company focuses on integrated molecular and immunodiagnostics using its proprietary micro-technology platform, offering products like the Idylla system for oncology and infectious disease segments. These products aid in early detection, staging, treatment selection, and monitoring of diseases by analyzing bio-molecules associated with risk factors. Biocartis generates revenue primarily through product sales.
IPXI
Venture Round in 2011
Intellectual Property Exchange International, Inc. (IPXI) is the world's first financial exchange that facilitates non-exclusive licensing and trading of intellectual property (IP) rights with market-based pricing and standardized terms. The result is an exchange that operates under two core principles: transparency and efficiency. The initial product traded on IPXI is a Unit License Right (ULR) contract. For more information, visit the ULR Contracts page.
Philips Indal
Acquisition in 2011
Philips Indal is a manufacturer of lighting systems that specializes in the design, production, and installation of LED lighting products. The company offers a diverse range of outdoor lighting solutions in markets such as Brazil, France, Hong Kong, South Africa, and Australia, while providing indoor lighting products in Portugal and the Middle East. Additionally, Philips Indal develops horticultural lighting solutions for customers in Russia and Canada. With operations in over 50 countries, the company is committed to delivering innovative lighting systems, including smart technologies and energy-efficient options, to meet the varying needs of its global clientele.
AllParts Medical
Acquisition in 2011
AllParts Medical is a distributor specializing in the medical imaging industry, offering a range of services and products. The company provides support and training for medical imaging equipment, along with pre-owned equipment and replacement parts. Its inventory includes ultrasound probes, multi-modality parts for mammography machines, MRI scanner components, high-voltage tanks, and heat exchangers. In addition to these products, AllParts Medical also offers equipment installation services, ensuring comprehensive support for healthcare providers in maintaining and enhancing their imaging capabilities.
Preethi Kitchen Appliances
Acquisition in 2011
Preethi Kitchen Appliances manufactures and sells home appliances.
Dameca A/S
Acquisition in 2011
Dameca A/S is a manufacturer and distributor of innovative anaesthesia machines and related medical equipment based in Rødovre, Denmark. The company's extensive product portfolio includes anaesthesia machines, flow meters, suction units, wall panels, and pendant systems, catering to the needs of operating rooms, intensive care units, and hospital wards. Dameca operates in over 100 countries, with a Nordic sales organization directly managing sales and service for local hospitals and clinics, while international markets are served through a global distributor network. The company emphasizes quality through in-house final assembly, configuration, and testing, supported by dedicated subcontractors for components and subassemblies. Product development occurs at the headquarters, involving collaboration among product managers, clinical specialists, and research and development teams. To enhance product usage, Dameca provides comprehensive application and service training for both international distributors and end users in the Nordic region.
NewCare Solutions
Acquisition in 2011
The SilentAlert Resident Attendant System is a product of NewCare Solutions, LLC. Located in the Pittsburgh metropolitan area, NewCare Solutions is a spinoff of medSage Technologies, LLC and was created when its founder, William Kaigler, was unable to find an effective and affordable solution to help his 85-year old mother live independently in her home. The SilentAlert Resident Attendant System became a reality after his mother was hospitalized and her sleep was continuously disrupted by an audible bed alarm for another patient.
Optimum Lighting
Acquisition in 2011
Optimum Lighting is an original equipment manufacturer, engages in the design, manufacture, and sale of lighting fixtures.
Saeco International Group
Acquisition in 2009
Saeco International Group is designs, produces, and markets coffee machines for household and professional use. The company also offers automatic vending machine for hot, cold beverages, and snacks; household manual and capsule machines; and milk accessories, including cappuccinatore automatic milk foamers for the milk based drinks.
Teletrol Systems
Acquisition in 2009
Philips Teletrol, known for its building automation systems, specializes in providing advanced solutions for energy management in commercial buildings across the United States. The company offers the eBuilding family of products, which includes an eBuilding network controller that allows facility managers to monitor and control operations both locally and remotely via the Internet. Their product lineup features application-specific controllers, such as integrated rooftop unit controllers and thermostats, as well as integrated actuators for variable air volume (VAV) applications. Additionally, Philips Teletrol provides software solutions like Envoy, a site server software, and Edifice, a configuration tool, enabling building professionals to effectively integrate, automate, and manage energy systems within their facilities.
Shenzhen Goldway Industrial
Acquisition in 2008
Shenzhen Goldway Industrial is a manufacturer specializing in medical equipment, particularly multi-parameter patient monitors, fetal monitors, and digital video colposcopes. The company is dedicated to the development, manufacture, sales, and servicing of these devices, which are designed to monitor patients effectively. Its product offerings include respiratory and anesthetic medical equipment that have received FDA approval. Utilizing innovative technologies such as LED light sources, auto-focusing capabilities, electronic green filters, and image management workstations, Shenzhen Goldway aims to provide hospitals, ambulances, and nursing care units in the Chinese healthcare market with cost-effective medical solutions.
Philips Respironics
Acquisition in 2008
Respironics Inc. was acquired by Philips Holding USA Inc. Respironics, Inc. develops, manufactures, and distributes products for sleep and respiratory markets. It offers non-invasive ventilation systems, homecare pulse oximetry systems, oxygen concentrators, portable home ventilators, CPAP and BiPAP therapy devices, masks, diagnostic sleep systems, titration systems, screening devices, oral appliances, peak flow meters, spacer/holding chambers, nebulizers and compressors, and allergy products. The company offers its products through online. Respironics, Inc. was founded in 1976 and is headquartered in Murrysville, Pennsylvania.
The Genlyte Group
Acquisition in 2008
The Genlyte Group, Inc specializes in manufacturing lighting fixtures, controls, and related products for commercial, industrial, and residential markets. Their products cater to a wide range of lighting needs, offering solutions for various settings and purposes. With a focus on quality and innovation, The Genlyte Group, Inc strives to provide efficient and effective lighting solutions for their customers. Their products are designed to meet the demands of modern lighting requirements, enhancing the functionality and aesthetics of spaces while ensuring energy efficiency and sustainability.
Visicu
Acquisition in 2007
VISICU, Inc. develops and provides healthcare information technology software and clinical solutions in the United States. It offers eICU Program, a remote monitoring system for intensive care units that allows hospitals to improve patient treatment outcomes.
Pro-Tech Services
Acquisition in 2007
Pro-Tech Services is engages in the design, development, and manufacture of sleep sensor solutions. The company offers body position sensors, cannulas, periodic limb movement sensors, pressure airflow sensors, respiratory effort sensors, respiratory inductive plethysmography systems, sensor testers, snore microphones and snore sensors.
Lighting Technologies International
Acquisition in 2007
Lighting Technologies International LLC is a manufacturer of specialty lighting products, primarily focused on xenon light bulbs used in cinemas. Established in 1999 and headquartered in Baldwin Park, California, the company produces a diverse range of lighting solutions, including xenon, mercury-xenon, and ceramic lamps for various applications such as digital cinema, video projection, special venue lighting, medical uses, and architectural lighting. The company is known for its innovative designs and commitment to quality, catering to the global cinema and entertainment industry. Formerly a subsidiary of Philips Lighting N.V., Lighting Technologies International LLC rebranded from LTI Lighting, Inc. in November 2016, reflecting its evolution and expansion in the specialty lighting market.
Color Kinetics, Incorporated
Acquisition in 2007
Color Kinetics is a leader in the design and marketing of intelligent solid-state lighting systems, primarily utilizing light-emitting diodes (LEDs) as their light source. The company develops innovative lighting technologies that cater to diverse markets, including architectural applications, motion picture production, medical settings, and children's toys. By focusing on solid-state devices, Color Kinetics harnesses the advantages of advanced semiconductor materials to create efficient and versatile lighting solutions.
Fluxxion
Venture Round in 2007
Fluxxion engages in designing and manufacturing of micro filtration membrane products.
Avent Holdings
Acquisition in 2006
Avent Holdings is provides the design and manufacturer of baby feeding products and accessories, including baby bottles, breast pumps, sterilisers and dummies. Founded in 1984 and with state of the art production facilities in the UK, products are “Made in England” and exported internationally to more than 60 countries with leading market positions in the UK, US and Continental Europe.
Lifeline
Acquisition in 2006
Lifeline focuses on providing medical products, support, and services. Lifeline was founded in 1974 and was headquartered in Framingham, Massachusetts.
Philips Lifeline
Acquisition in 2006
The ACG business offers the Lifeline Personal Emergency Response System (PERS) and senior living solutions with 24/7 access to trained care specialists, and digital solutions that help caregivers stay connected and coordinate their loved one's needs.
Kereos
Series B in 2005
Kereos, Inc. is a biopharmaceutical company based in Saint Louis, Missouri, specializing in the development of targeted molecular imaging agents and therapeutics aimed at detecting and treating cancer and cardiovascular diseases. Established in 1999, Kereos utilizes a nanoscale drug delivery technology that enhances the targeting and efficacy of various therapeutic compounds, including existing drugs, new candidates, and those that may be too toxic or fragile for conventional delivery methods. The company's product portfolio includes KER-1001, a cancer therapeutic that combines paclitaxel with a targeted nanodroplet, KER-1002, which integrates a natural anti-tumor agent, and KER-1003, known for its anti-angiogenic properties. Additionally, Kereos offers diagnostic solutions such as KER 0001, designed to detect angiogenesis. The company also collaborates with pharmaceutical and imaging firms to further develop its MRI agents and targeted chemotherapeutics for solid tumors and cardiovascular applications.
Philips Healthcare Informatics
Acquisition in 2005
Philips Healthcare Informatics is develops and distributes enterprise-wide medical image and information management solutions. It offers iSite PACS, an enterprise-wide medical image and information management system, and radiology reading stations for radiologists.
Systemonic
Acquisition in 2002
Systemonic is a provider of wireless communications platforms, specializing in the development of silicon systems that support multi-protocol and multi-band wireless local area networks (LANs). The company's flexible and re-configurable platform enables customers to rapidly bring wireless communication products to market, accommodating various standards while enhancing features and reducing power consumption. This approach ultimately results in a lower total cost of ownership for clients, making Systemonic a valuable partner in the wireless communications sector.
Timesys Corporation
Venture Round in 2002
Timesys Corporation specializes in embedded Linux software solutions, providing a range of tools and services for developers in various industries. Its flagship product, LinuxLink, is a cloud-based platform that facilitates the design, prototyping, and deployment of custom embedded Linux environments, including the creation of board support packages and software development kits. The company also offers Timesys Factory, a modular builder for customization, and a comprehensive Source Code Repository containing essential components like kernels, drivers, and libraries. Additionally, Timesys provides application development tools, including TimeStorm, an IDE that streamlines development processes, and a variety of training programs. The company supports a wide array of processors and programming languages, catering to diverse applications in consumer electronics, medical devices, automotive, telecommunications, and more. Founded in 1995 and based in Pittsburgh, Pennsylvania, Timesys helps organizations reduce development costs and speed up time-to-market for their embedded systems and IoT applications through its expertise in open source software security and engineering consulting.
Veo
Acquisition in 2001
Veon is a telecommunications company that offers video broadband programming and interactive services to its clients. It was founded in 1994 by Eli Efrat and Yossi Hermush.
MystiCom
Venture Round in 2001
Mysticom is a company based in Netanya, Israel, that specializes in developing integrated circuit (IC) solutions for enterprise, data center, and storage markets. Founded in 1997, it focuses on designing network ICs, including digital signal processing and mixed-signal VLSI solutions tailored for high-speed communication systems. Mysticom provides design services in areas such as communications system design and VLSI integration. Additionally, the company offers PC network interface cards and LAN on motherboard solutions, alongside deploying gigabit Ethernet switch equipment to enhance network performance.
Be Here
Venture Round in 2001
Be Here Corporation specializes in voice over Internet Protocol (VoIP) products, focusing on videoconferencing solutions. Its flagship product, TotalView, enables users to manage multiple video views of participants and data during virtual meetings. The company also develops advanced video optics and visual solutions, which include aspherical and catadioptric lenses, as well as proprietary software for image processing and view navigation. Be Here’s technology is utilized across various sectors, including corporate training, higher education, healthcare collaborations, military surveillance, financial services, and real estate marketing. Founded in 1996, Be Here Corporation is headquartered in Fremont, California.
SpotLife
Series C in 2000
SpotLife is a pioneering company in the field of Internet broadcasting, offering a user-friendly platform for personal video broadcasting. Its service allows individuals to easily broadcast live or pre-recorded video with audio, requiring only a PC, an Internet video camera, and a dial-up Internet connection. By emphasizing simplicity, SpotLife provides an accessible solution for users to share their content with a wider audience, effectively bringing personal video broadcasting into the mainstream.
ADAC Laboratories(aquired by Philips)
Acquisition in 2000
ADAC Laboratories designs, develops, manufactures, and sells radiation therapy planning and healthcare information software systems and medical imaging equipment used in hospitals and clinics worldwide. The company conducts its business primarily through its medical systems, radiation therapy products (RTP), and healthcare information systems (HCIS) business units. In its medical systems business unit, the company designs, develops, manufactures, sells, and services nuclear medicine cameras and related computer systems that are capable of performing single-photon imaging and positron emission tomography imaging. The RTP business unit designs, develops, markets, and supports turnkey radiation therapy planning systems that assist hospital radiation oncology departments and cancer treatment centers in planning patient treatments. The HCIS business unit is engaged in the design, development, marketing, sales, and support of integrated solutions consisting of computer equipment and software applications that offer healthcare providers the necessary tools to process and archive patient and clinical information. ADAC Laboratories was founded in 1970 and is based in Milpitas, California. Later on, it was acquired by Royal Philips Electronics in 2000.
Alien Technology
Venture Round in 2000
Alien Technology Corporation specializes in the manufacture and supply of radio frequency identification (RFID) products and services, particularly focusing on ultra-high frequency (UHF) solutions. Established in 1994 and headquartered in San Jose, California, the company produces a range of UHF passive RFID components, including transceiver chips, tags, antennas, inlays, and readers, utilizing a patented Fluidic Self Assembly (FSA) process for efficient production. Alien Technology's offerings extend to professional services such as item tagging, technical consulting, project management, and system configuration, supporting various industries including retail, logistics, healthcare, and manufacturing. The company operates internationally, with additional offices in regions such as China, Europe, and Australia, and maintains a solutions center in Dayton, Ohio. Alien Technology is recognized for its commitment to reliable and cost-effective RFID solutions that enhance supply chain management, inventory control, and anti-counterfeiting efforts across diverse applications.
Widcomm
Series B in 2000
WIDCOMM specializes in Bluetooth software, systems, and designs that facilitate communication between intelligent devices over short-range wireless connections. The company aims to enhance accessibility in communication by providing its services to semiconductor and consumer electronics manufacturers, as well as computing device original equipment manufacturers (OEMs). Its technology supports a wide range of electronic devices, including computers, cell phones, keyboards, and headphones, ensuring seamless wireless connectivity for users.
PacketVideo
Series D in 2000
PacketVideo's software delivers media service to people in a number of different ways. PV's Core is a rich-media application framework that eases the development process for mobile multimedia applications across networks and handsets. It was headquartered in San Diego, California.
Geocast Network Systems
Series B in 2000
As of March 2001, Geocast Network Systems, Inc. went out of business. Geocast Network Systems, Inc. engages in building a platform that enables the delivery of broadband services to the PC and television. It designs and builds a content delivery network that leverages digital television transmission, including satellite, digital television, and cable broadcast signals for access to media content. The company was founded in 1998 and is based in Menlo Park, California.
VLSI Technology
Acquisition in 1999
VLSI Technology is a company that specializes in the design and manufacture of integrated circuits, focusing on both custom and semi-custom solutions. It produces application-specific integrated circuits (ASICs) and semi-custom chips tailored for various market applications. The company serves sectors such as digital entertainment, networking, advanced computing, and communications, providing clients with specialized integrated circuit solutions that meet specific operational needs. Through its offerings, VLSI Technology positions itself as a key player in the integrated circuit manufacturing industry.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.