Tag Archives: billion

Digital health start-up once worth $1.5 billion is racing to keep lights on as investors flee

Proteus Digital Health CEO Andrew Thompson Qin Chen | CNBC Proteus Digital Health has spent two decades trying to develop “smart pills” that can be used to tell a smartphone app whether patients have taken their medications. The technology was so promising that, three years ago, investors valued the company at $ 1.5 billion. But… Read More »

Google To Buy Fitbit For $2.1 Billion, What About Privacy Concerns?

Fitbit Co-founder/President & CEO James Park speaks onstage during TechCrunch Disrupt San Francisco … [+] 2019 at Moscone Convention Center on October 04, 2019 in San Francisco, California. (Photo by Kimberly White/Getty Images for TechCrunch) Getty Images for TechCrunch Fitbit is getting Googled, in more ways than one. That’s because there was a Fitbit of… Read More »

SmileDirectClub aims for $1 billion IPO in September: Sources

Source: SmileDirectClub SmileDirectClub is bracing for a windfall of cash. The company, which provides invisible teeth-straightening devices, is looking to sell up to $ 1 billion in stock in an initial public offering, three people with knowledge of the matter said. SmileDirectClub is currently on file confidentially and aiming to flip its IPO prospectus to… Read More »