AliveCor closes $65M Series E - MassDevice

AI-based electrocardiogram (ECG) technology developer AliveCor announced today that it has closed a $65 million Series E financing round. Mountain View, Calif.-based AliveCor plans to use proceeds from the financing round to accelerate the growth of its remote cardiology platform, both domestically and globally, according to a news release. AliveCor is augmenting its artificial intelligence-powered ECG with telehealth services and detection and condition management services. Omron, Khosla Ventures, WP Global Partners, Qualcomm Ventures and Bold Capital Partners, all existing investors, led the financing. AliveCor noted that its enhanced partnership with Omron in particular will position the company to include hypertension management within its service portfolio.