Thursday, March 16, 2017

Microsoft Backs Livongo For Diabetes Care Management

Microsoft Corp., via its vnture capital arm, Microsoft Ventures, has put its backing in a new round of funding for diabetes care management, digital health startup Livongo Health. Livongo announced today that it has raised $52.5M more in an investment, to help it with growth efforts and international expansion. The company said the new funding was co-led by General Catalyst and Kinnevik, and also included EDBI, American Investment Holdings LLC, and Microsoft Ventures, along with other prior investors. Livongo develops a service to help people with diabetes better follow their treatment plans, and also is working on expansion to deal with other chronic conditions. More information »