Xconomy Health Tech

Business, Life Sciences, and Technology News

Special Report 2069: Predicting the Internet’s Next 50 Years

[Editor’s note: This is part of a series examining the internet’s first 50 years and predicting the next half century. Join Xconomy and World Frontiers Forum on July 16 for Net@50, an event exploring the internet’s past and future.]

It’s a good thing journalists, pundits, and consultants can’t be held liable for the predictions we get wrong and the outcomes we fail to anticipate. Because if we could, we’d all be bankrupt.

Back in 2014, on the occasion of the 25th anniversary of Tim Berners-Lee’s seminal paper proposing the World Wide Web, the Pew Research Center asked an... Read more »

Tue, 07/02/2019 - 05:53

IPO to Watch: Digital Health Developer Livongo Plans to Go Public

Digital health businesses haven’t had trouble raising venture capital funds from investors—2018 was a record year with $8.1 billion in funding—but few of them have made the move to hold initial public offerings.

Livongo Health, a digital health company developing devices and software to help patients manage chronic conditions, believes it is ready, announcing Friday it’s seeking to raise $100 million as part of a planned IPO.

Mountain View, CA-based Livongo develops proprietary health-monitoring devices, such as a glucometer for diabetic patients and a blood pressure cuff for people who have hypertension or risk developing the condition. Livongo pairs these... Read more »

Mon, 07/01/2019 - 17:26

WI Watchlist: Aaron Rodgers, Redox, Zywave, Rusinow & More

It’s time to catch up on some recent Wisconsin innovation news:

—Green Bay Packers quarterback Aaron Rodgers has a new title: venture capitalist. He co-founded and serves as general partner of Rx3 Ventures, a Newport Beach, CA-based firm that recently raised more than $50 million for its debut fund. The fund will make “venture and growth-stage” investments in consumer-focused companies.

Redox, a Madison-based developer of software tools that enable healthcare applications to securely move information into and out of patients’ electronic medical records, announced it launched a public “bug” bounty program in partnership with Bugcrowd. Such programs offer... Read more »

Wed, 06/19/2019 - 08:52

Mark Your Calendars: Startup Week Detroit Kicks Off on June 17

Every year, Detroit’s entrepreneurial community comes together for a five-day event encompassing panel discussions, TED talk-style keynote speeches, bootcamps, tech demos, and networking happy hours, all of which are open to the public and free upon registration.

Techstars Startup Week Detroit kicks off on June 17, but the registration process is already underway for those who want to attend. Xconomy talked to organizer Olivia Guterson of Venture Catalysts to learn more about what to expect at this year’s edition of the event. She says each day will concentrate on two or three different “learning tracks” in order to build impact within... Read more »

Fri, 06/07/2019 - 09:22

Rocket Engines & Startup Fuel: NM, Abodo, & More WI Headlines

It’s time to catch up on recent Wisconsin innovation news, including more funding for startups and expanded production of rocket engines in the Madison area. Read on for more details.

—Northwestern Mutual said it’s pumping $150 million into its second in-house venture capital fund. The Milwaukee-based insurance and wealth management services giant invested $50 million in its first startup fund, Northwestern Mutual Future Ventures Fund I, in 2017. That fund has poured $43 million into 14 startups, the firm says.

The second fund will invest between $500,000 and $5 million in each deal, typically in Series A and Series... Read more »

Wed, 06/05/2019 - 11:33