MediSafe raises $1M from investors

09/24/2013 | MobiHealthNews.com

MediSafe has obtained $1 million in a funding round co-led by TriVentures and lool Ventures and participated in by several angel investors. The company, which has developed a cloud-based medication adherence application, will use the money to form strategic partnerships with health care groups including hospitals, pharmacies and pharmaceutical firms. "We look forward to continuing the momentum by creating new partnerships, new medication management features, and leveraging our de-identified user's self-reported data to help resolve an issue that is not only costing the health care system billions of dollars, but also putting lives at risk," said MediSafe CEO Omri Shor.

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