Broomfield remote patient monitoring startup snags $18M

The Broomfield-based medical tech startup Alio Inc. has raised $18 million to commercialize its remote patient monitoring technology. The Series C round was led by the Widjaja Family Investment Office, an investing group formed by the second-wealthiest family in Indonesia. Also participating were Alio's existing investors, including Chase Field LLC and Thomas Krebs, the former treasurer of Penumbra Inc. (NYSE: PEN), California-based medical device company. Alio developed a wearable sensor called …
Source: bizjournals.com Health Care:Pharmaceuticals headlines - Category: Pharmaceuticals Authors: Source Type: news