Navigation Links
iHealth Raises $25 Million to Fuel Growth and Global Market Share

MOUNTAIN VIEW, Calif., Sept. 19, 2014 /PRNewswire/ --Today, iHealth Lab Inc. announced it has secured $25 million in capital from Xiaomi Ventures, Ltd. for its first institutional round of funding. The strategic investment will be used to continue expanding iHealth's global reach, accelerate growth and innovation, and invest in additional sales and marketing resources.  As part of the investment, Xiaomi Ventures will join iHealth's board of directors, bringing added expertise in the areas of cloud infrastructure and ecommerce.

"We are very pleased to have Xiaomi Ventures as a partner in our business," said Yi Liu, chairman of Andon Health. "This investment and partnership should help to extend our global leadership in the mobile health category by providing new capabilities to accelerate growth and new user acquisition."

Launched in the US in 2010 as a subsidiary of medical device manufacturing company Andon Health Co Ltd (XSHE), iHealth has pioneered the personal mobile health revolution with many industry-leading products.  In 2011, iHealth launched the industry's first mobile-app enabled blood pressure device.  In 2012, it launched the first wireless blood pressure monitor and in 2013, the first wireless blood glucose monitor.  iHealth was the first health device to be carried in Apple retail stores and is also sold in top retailers including Walgreens, Best Buy and Amazon as well as at

iHealth currently markets their mobile health solutions globally with operations in North America, Europe and Asia.  Millions of consumers utilize iHealth's devices and proprietary mobile apps to lead healthier lives by helping to manage conditions like high blood pressure and diabetes. iHealth's FDA approved devices measure, track and share various health vitals, including: blood glucose, blood pressure, heart rate, weight, body fat, lean body mass, activity, sleep efficiency and oxygen saturation.

Concurrent with the financing, iHealth Lab, Inc. will be formed into a new entity called iHealth, Inc., a subsidiary of Andon Health.  The existing business will be organized into three operating divisions – The Americas (based in Mountain View, CA), Europe (based in Paris, France) and Asia Pacific (based in Hong Kong).  Existing iHealth personnel, technology, patents and assets will be integrated into the new company.

iHealth, Inc. will manage all aspects of the businesses, including sales, R&D and marketing. Andon Health will continue to manufacture and supply the hardware for their solutions.  Further financial terms of this deal have not been disclosed.

About iHealth Lab, Inc.
iHealth is dedicated to helping people lead healthier lives. They are a leader in the design and manufacture of consumer-friendly, mobile personal healthcare products that are connected through the cloud. The company focuses on delivering high quality products that are easy-to-use, making it simple for consumers to accurately measure, track and share a full range of health vitals. By connecting the data through the cloud, consumers are able to see a more comprehensive view of their vitals, easily share data with health care professionals or caregivers and take an active role in managing their health. Visit to learn more.

Photo -

SOURCE iHealth Lab, Inc.
Copyright©2014 PR Newswire.
All rights reserved

Related medicine technology :

1. iHealth Announces Three New Wearable Mobile Personal Health Products At CES 2014
2. iHealth Announces Results of AHA Walking Challenge
3. iHealth Announces Availability of Wireless Smart-Gluco Monitoring System
4. iHealth Lab adds new products and partners to mobile personal healthcare offering
5. Convenient New iHealth Blood Pressure Monitors and Body Analysis Scale Now Available for Purchase at Major Retailers and Online
6. PDR and the iHealth Alliance Announce New Drug Safety Certification for EHRs
7. Health eVillages raises nearly $50,000 to serve worlds "healthcare deserts"
8. No On 46 Campaign: New Video Raises Troubling Questions About Whether Govt Website Will Be Ready To Meet Prop 46 Mandate
9. Atonarp Inc. Raises $8M Series A Round Led by Walden Riverwood Ventures
10. Bluegrass Vascular Technologies Raises $4.5M Series A Financing Led By Targeted Technology Funds
11. Sigma-Aldrich (NASDAQ - SIAL) Reports Record Q2 2014 Results With Sales Of $701 Million And Diluted EPS Of $1.11. Raises Lower-End Of Full-Year 2014 Adjusted Diluted EPS Guidance To A New Range Of $4.32 To $4.40.
Post Your Comments:
(Date:4/2/2020)... Wis. (PRWEB) , ... April 02, 2020 , ... ... temporary hospitals, Kenall introduces the KRT Series, a portable, durable luminaire using Indigo-Clean ... killing harmful bacteria, bolstering existing cleaning and infection prevention protocols, and reducing harmful ...
(Date:4/1/2020)... , ... April 01, 2020 , ... Care Station Medical ... Group has implemented a number of changes to better care for our community. As ... our office hours and crafted new ways to offer medical care to patients coping ...
(Date:4/1/2020)... ... April 01, 2020 , ... ... sign up today, with the first live-streaming broadcast premiering on April 2. , ... a host interviewing a variety of animal keepers and veterinary hospital staff with ...
Breaking Medicine Technology:
(Date:4/5/2020)... BEDFORD PARK, Ill. (PRWEB) , ... April 03, 2020 , ... ... authorization to offer its Short Term Major Medical (STMM) plan in the ... (STMM) plan is an increasingly viable option for millions of Americans in all financial ...
(Date:4/5/2020)... ... April 04, 2020 , ... Visiun, ... the newly mandated federal reporting of COVID-19 testing that must be submitted to ... Vice President Pence announced that all hospitals report data on COVID-19 testing performed ...
(Date:4/5/2020)... , ... April 05, 2020 , ... Given the current ... for better prices for essential services. Insurance expenses can rise to several thousand dollars ... driving experience and history, coverage limits, annual mileage and so on. Drivers can get ...
(Date:4/2/2020)... ... April 02, 2020 , ... LifeLearn Animal Health , ... announced the launch of the veterinary CE course COVID-19: What we know and ... subscribers. , “When it comes to COVID-19, it’s important for practices and pet owners ...
(Date:4/2/2020)... ... April 02, 2020 , ... Since the onset of the ... standards and practices. GoParrot ( ) founder Yaniv Nissim has stepped up ... virus control and food safety, has created new standards for delivering food during this ...
Breaking Medicine News(10 mins):