April 23, 2014

Nike Scales Back on Hardware

Nike made waves late last week with an announcement that the majority of the FuelBand hardware team had been let go. With more advanced smartwatch sales on the rise -- and with Nike allies like Apple ramping up their presence in health -- the shoe company is reportedly scaling back on its fitness tracker’s production for a renewed focus on health software. Given the news, some headlines have asked if it means the end of wearables. The Fuelband might be dead but, especially given the rumors of Apple’s iWatch and Intel’s recent acquisition of StartUp Health company Basis, we think there are many interesting developments to come in the world of wearables.

Wanna Know the Secret to Startup Success?

What’s the one thing you need to succeed in the fast-paced digital health space as a startup? Money or power? Nope! It’s the right people. Ahead of the digihealth pulse Virtual 2014 conference, StartUp Health President Unity Stoakes offered up this advice for health startups: surround yourself with “batteries-included” innovators… once you focus on positive problem-solvers, progress will follow.

Silicon Valley Leaders Converge for OPEN Forum 2014

Chat up investors and learn from top CEOs in the tech field at OPEN Forum 2014 in Santa Clara. Speakers include FireEye CEO Ashar Aziz, Sequoia Capital Partner Aaref Hilaly and PayPal CTO James Barrese. Don’t forget to use the code 20%OFF when you register.

Are You Tough Enough for a Startup Bootcamp?

You might not have to face a physical obstacle course, but startup veteran Andrew Weinrich’s entrepreneurship bootcamp will certainly whip you into leadership shape! Use our code startup20 if you register to join him for one or two days of packed programming aimed to guide startup founders through big decision-making moments.

StartUp Health Companies in the News


Smart pill bottle could help you take your meds on time
CBS News

Now, smart pill bottle that helps you take your meds on time
Business Standard


Bethlehem company hopes mobile device will become sports standard
Lehigh Valley Live

GoGo Health

In healthcare entrepreneurship, when the payer isn’t the customer


From paints to doctors offices, former Benjamin Moore CEO starts fresh with startup
New York Business Journal

Fired by Buffett, Denis Abrams launches startup
Upstart Business Journal

StartUp Health

63 Companies Bent on Transforming Healthcare

Beware Pollyanna entrepreneurs: GE Healthcare Global Health Services CEO is a fan of balanced pitches
MedCity News

Connected Health Opportunities for Medicaid’s Most Vulnerable Patients
Health Affairs


20 Success Tips for Entrepreneurs

StartUp Health Weekly InsightsTM

Top Digital Health Funding This Week
Startup Amount Investors
One Medical Group $40M Redmile GroupBenchmark CapitalOak Investment PartnersDAG Ventures
MicroCHIPS $25M Medtronic VenturesNovartis Venture FundsPolaris Partners
Provista Diagnostics $6M Undisclosed
Better $5M Social+Capital PartnershipMayo Clinic
eCaring $3.5M Ascent Biomedical Ventures
AdverseEvents $2M Evaluate
Prometheon Pharma  $1M Undisclosed
See much more in StartUp Health Insights, the most comprehensive funding database tracking over $9 billion in digital health and health tech deals.

Upcoming Health Events & Challenges

April 23-25, 2014
Lafayette, LA 

Digital Health Innovation in Context
April 24, 2014
Princeton, NJ 

China Healthcare ICT Conference
April 24-25, 2014
Beijing, China 

Wired Health
April 29, 2014
London, England 

Charité Entrepreneurship Summit 2014
May 5-6, 2014
Berlin, Germany 

Health Tech ’14
May 7-8, 2014
Westchester, NY

AARP Health Innovation @50+
May 9, 2014
Boston, MA 

OPEN Forum 2014
May 10, 2014
Santa Clara, CA

Startup Grind Philadelphia Presents Lindy Snider of Lindi Skin
May 14, 2014
Philadelphia, PA 

The Big C Competition
Submission Deadline
May 15, 2014 

Roadmap to Entrepreneurship
May 17-18, 2014
New York, NY 

digihealth pulse Virtual 2014
May 19-21, 2014

For more digital health events, visit our website.

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StartUp Health, its directors, officers, employees, and agents specifically disclaim any liability whatsoever, for any direct, indirect, incidental, consequential, or special damages arising out of or in any way connected with this communication including any error or incompleteness of fact or opinion in it or lack of care in its preparation or publication. All information provided herein is subject to change without notice.  
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