Withings, a digital health startup, recently secured $30 million from investors, which it plans to use to release its products in the global market and recruit additional software and hardware engineers to boost its in-house research and innovation team. The company is known for developing fitness and health trackers such as its Wi-Fi body scales and a smart baby monitor device. "Withings is experiencing a staggering growth phase with devices and applications used in all parts of the world by individuals as well as professionals. Additional financing capacities will allow the company to fuel further growth on overseas markets extending its retail and distribution network," according to the company.
Published in Brief: