Exo, a developer of new diagnostic hardware for the medical industry, has raised $ 40 million in a new round of funding as investors continue to back new companies that are reducing the cost and complexity of medical devices.
Cost, portability, image quality and the inability to image dense body compositions have all limited the impact that diagnostic tools like ultrasounds can have on patient care around the world, according to a statement from the company.
Exo solves that problem by building on a patented piezoelectric micromachined ultrasound transducer, the company said.
Its device improves image quality, while an accompanying software toolkit boosts the diagnostic capabilities of the device.
Exo predicts that the worldwide point of care ultrasound market will reach $ 1.5 billion in 2024 and grow at nearly 10% a year.
“Emergency room phyisicians around the world are often tasked with solving some of the most urgent healthcare problems — COVID-19 diagnosis and complications, cardiac emergencies, internal bleeding — without being able to see clearly into a patient they only have minutes to diagnose and treat,” said Exo chief executive Sandeep Akkaraju, in a statement.
The new $ 40 million round to back the company’s technology follows a $ 35 million investment in 2019 and brings the company’s total capital raised to nearly $ 100 million, according to a statement. The funding was led by Fiscus Ventures, Reimagined Ventures (both affiliates of Magnetar Capital) and Action Potential Ventures, with additional participation from TDK Ventures, Solasta Ventures and all previous investors, including Intel Capital and Applied Ventures.
Exo’s team comes from consumer tech giants like Apple and Google and leading medical device companies like GE, Johnson & Johnson, Maxim, Medtronic and Siemens.
“As both an emergency room physician and a venture capitalist, I know firsthand the transformative potential of the products that Exo is bringing to market,” said Dr. Ted Koutouzis of Fiscus and Reimagined Ventures, in a statement. “The Exo team is focused on building a device that works seamlessly within the often chaotic and urgent environment of a hospital, and delivers the image quality, clean interface, and diagnostic tools that doctors have dreamed about having in the palm of our hands.”
The Exo hardware comes with a suite of software tools that have been designed to integrate with existing workflows. And the company has plans to use its initial foray into medical imaging as a way to land and expand into a broader suite of tools for the hospital or urgent care environment. The company envisions a multi-functional device that can perform a number of different diagnoses.
“Exo is creating a platform technology that can drive true adoption of point of care imaging in emergency rooms and critical care units, can facilitate advanced surgical robotics and endoscopic procedures, and could enable therapeutic modalities in non-invasive neuromodulation and drug-delivery,” said Juan Pablo Mas, of Action Potential Venture Capital (the corporate venture arm of GlaxoSmithKline focused on bioelectronic technologies).
Reprocessed Medical Device Market 2020: Potential Growth, Challenges, and Know the Companies List Could Potentially Benefit or Loose out From the Impact of COVID-19 | Key Players: Vanguard AG, Centurion, SterilMed, SureTek Medical, Hygia, etc. | InForGrowth The Scarlet
“nigeria startups when:7d” – Google News
Artificial Intelligence and machine learning have seeped into almost every aspect of human lives, including healthcare, and life sciences. Perhaps the most beneficial implementation of AI in healthcare is the early-detection of life-endangering diseases such as cancer, heart diseases, and other neurological disorders. In healthcare, time is crucial. Early diagnostics lead to timely treatment; thereby saving lives. Combining machine learning with blood diagnostics to deliver faster and efficient point-of-care testing is what Tel Aviv-based Sight Diagnostics is striving to achieve, and it just raised $ 71 million (€60.2 million approx) in Series D funding.
Sight Diagnostics’ Series D
Sight Diagnostics is an Israeli medical device startup that uses machine vision and AI to offer point-of-care blood diagnostics, including Complete Blood Count (CBC), at the doctor’s office itself; with the test results made available within a few minutes.
The company raised funding, with participation from Koch Industries, OurCrowd, and other strategic investors. With this new round, SightDX’s total funding will be pushed to over $ 124 million (nearly €105 million). Last year, the startup raised $ 27.8 million (approximately €25 million) in Series C funding round led by an Israeli VC firm Longliv Ventures along with a member of CK Hutchison Group, a multinational conglomerate.
According to Yossi Pollak, CEO and founder of Sight Diagnostics, the fresh funds will support the expansion of the startup’s commercial operations globally – with a specific focus on the US – and promote its R&D effort into the detection of new diseases as well as the blood factors affecting COVID-19 severity. It also plans to expand its team in the US, UK, and Israel, as well as scale its manufacturing capacity.
The sight of blood under the microscope
Founded in 2011, Sight Diagnostics began its journey with Parasight – its first product, which was used to detect malaria in almost 1 million tests across 24 countries. Its flagship product is the Sight OLO analyser, which automates the identification and counting of different blood cell types and anomalies. According to the startup, Sight OLO delivers lab-grade complete blood count (CBC) results by measuring 19 different blood parameters in minutes from either a fingerstick or a venous sample.
The startup also claims to use just two drops of a patient’s blood for the diagnostics. Once the blood is drawn from the patient’s finger, it is placed into a disposable test-kit cartridge, which is then inserted into the Sight OLO analyser. It uses a patented method of digitising blood samples, known as Live Monolayer Imaging (LMI) for creating a monolayer of live cells.
The sample is put under a powerful digital microscope and instead of a person looking at the sample, this imaging system produces over 1,000 highly detailed images of the blood sample. This is then analysed by proprietary machine learning algorithms, to measure, classify and count the different blood cells and identify abnormalities in the blood. According to Sight Diagnostics, results are provided in minutes.
The lifeblood of SightDx
Pollak came up with the idea for Sight Diagnostics while he was working with Mobileye, focusing on computer vision for self-driving cars. In 2017, Mobileye was acquired by Intel Intel Corporation for $ 15 billion. He co-founded the company with Dr. Daniel Levner, an expert in diagnostics, instrument development, and cell biology and a former scientist at Harvard’s Wyss Institute for Biologically Inspired Engineering.
Pollak was also a member of the elite Talpiot program – Israel Defense Forces (IDF) training program. The startup’s CTO is Sarah Levy Schrier, who was Pollak’s Commander in the IDF.
Headquartered in Tel Aviv, Israel, the company also has offices in London and the US. According to Pollak, SightDX has over 100 employees, across three continents, largely consisting of computer vision experts, medical professionals, and AI researchers.
The company makes its revenue by selling Sight OLO to hospitals, health providers, point-of-care facilities, among others. Talking about the company’s growth, Pollak says, “We’ve seen significant traction in the last few months, including a 5x year over year increase in revenue this year, as well as signed contractual agreements with healthcare providers and distribution partners to deploy 1000+ analysers over the coming years.”
Startups across the world are assisting the governments and scientists by offering their technology, infrastructure, and coming up with innovative solutions to fight the coronavirus pandemic. Sight Diagnostics too is playing its part in battling the virus. “We believe blood can reveal critical information about diseases, and we’re applying this line of thought to COVID. We’re currently running a research program with top Israeli hospitals to analyse the blood of COVID patients for anomalies that may indicate severity or other aspects of the disease,” says Pollak.
Drawing first blood
Although Sight Diagnostics’s technology is proprietary, there are diagnostics companies such as Sysmex and PixCell that are considered as its competitors. However, according to Pollak, the fact that Sight OLO is the only analyser that’s FDA 510(k) cleared to run CBC tests directly from a fingerpick sample of blood is a key differentiating factor for SightDx. He claims that other analysers require a higher blood volume for each test.
“Sight OLO is also cleared for use with individuals aged 3-months and up, while PixCell is cleared for use on individuals who are 2-years and older. CBC is a very common test for anemia, which every infant needs to get tested for; this is a clear advantage for Sight,” he states.
The company also claims that the portability and fast turnaround time of Sight OLO works in its favour, since traditional CBC devices are larger, difficult to operate, draw a significant amount of blood from a patient, and takes time to deliver the results. “Sight OLO is the size of a toaster oven (about a cubic foot) and the test kit is approximately the same size as a credit card, making Sight OLO easy to transport,” says Pollak.
Image credits: Sight Diagnostics
The latest startup to see an uplift in inbound interest flowing from the remote work boom triggered by the coronavirus pandemic is Berlin-based Everphone, which sells a “mobile as a service” device rental package that caters to businesses needing to kit staff out with mobile hardware plus associated support.
Everphone is announcing a €34 million Series B funding round today, led by new investor signals Venture Capital. Other new investors joining the round include German carrier Deutsche Telekom — investing via its strategic investment fund, Telekom Innovation Pool — U.S.-based early-stage VC AlleyCorp and Dutch bank NIBC.
The Series B financing will go on expanding to meet rising demand, with the startup telling TechCrunch it’s expecting to see a 70-100% increase in sales volume versus the pre-crisis period, thanks to a doubling of inbound leads during the pandemic.
“The global pandemic has been a catalyst for growth in the field of digitization,” said CEO and co-founder, Jan Dzulko, in a statement. “We are currently experiencing a significant increase in demand at home and abroad, which is why we are aiming for European expansion with the funding.”
Everphone describes its offer as a one-stop shop, with the service covering not just the rental of (new or refurbished) smartphones and tablets but an administration and management wrapper that covers support needs, including handling repairs/replacements — with the promise of replacements within 24 hours if needed and less client risk from not having to wrangle traditional rental insurance fine print.
Other touted pluses of its “device as a service” approach include flexibility (users get to choose from a range of iOS and Android devices); lower cost (pricing depends on customer size, device choice and rental term but starts at €7,99 a month for a refurbished budget device, rising up to €49,99 a month for high-end kit with a 12-month upgrade); and rental bundles, which can include standard mobile device management software (such as Cortado and AirWatch) so customers can plug the rental hardware into their existing IT policies and processes.
Everphone reckons this service wrapper — which can also extend to include paid apps (such as Babbel for language learning) as an employee on-device perk/benefit in the bundle — differentiates its offer versus incumbent leasing providers, such as CHG-Meridian or De Lage Landen, and from wholesale distributors.
It also touts its global rollout capability as a customer draw, checking the scalability box.
Its investors (including German carrier, DT) are being fired up by the conviction that the COVID-19-induced shift away from the office to home working will create a boom in demand for well-managed and secured work phones to mitigate the risk of personal devices and personal data mingling improperly with work stuff. (On that front, Everphone’s website is replete with references to Europe’s data protection framework, GDPR, repurposed as scare marketing.)
“Everphone envisions that every employee will one day work via their smartphone,” added Marcus Polke, partner at signals Venture Capital, in a supporting statement. “With this employee-centric approach and integrated platform, everphone goes far beyond the mere outsourcing of a smartphone IT infrastructure.”
The 2016-founded startup has more than 400 customers signed up at this point, both SMEs and multinationals such as Ernst & Young. It caters to both ends of the market with an off-the-shelf package and self-service device management portal that’s intended for SMEs of between 100 and 1,500 employees — plus custom integrations for larger entities of up to 30,000 employees.
It says it’s able to offer “highly competitive” prices for renting new devices because it gives returned kit a second life, refurbishing and reselling devices on the consumer market. “Thanks to this profitable secondary lifespan, we are able to offer highly competitive prices and extensive service levels on our rental devices,” Everphone writes on its website.
The second-hand smartphone market has also been seeing regional growth. Swappie, a European e-commerce startup that sells refurbished iPhones, aligning with EU lawmakers’ push for a “‘right to repair” for electronics, raised its own ~$ 40 million Series B only last month, for example. Its second-hand marketplace is one potential outlet for Everphone’s rented and returned iPhones.
In terms of security and compliance, mobile device management (MDM) has quickly become a top priority for businesses.
With the rise of BYOD (bring your own device) in the workplace, smartphones pose a threat to the security of various organizations. Employees are using phones, tablets, and other mobile devices to access work-related business apps. But the practice of using personal devices at work poses a threat to corporate security.
Enter MDM—mobile device management. MDM software allows IT teams to manage, monitor, and facilitate the use of personal devices in the workplace.
Whether the smartphones and tablets were issued by the employer or purchased by the staff, MDM software can separate and secure personal data and sensitive work-related data on these devices.
Any organization that allows employees to use mobile devices for business activity can benefit from MDM software.
After researching and testing the best mobile device management services on the market today, we’ve narrowed down the top seven options that we can confidently recommend.
The Top 7 Best Mobile Device Management Software
- IBM MaaS360
- Jamf Pro
- ManageEngine Mobile Device Manager Plus
The reviews below contain the features, benefits, pricing, use cases, and potential drawbacks of each MDM solution in this guide.
#1 – Scalefusion — Best Overall Mobile Device Management Software
• Starts at $ 2 per device
• Supports iOS and Android
• Supports BYOD
• Security incident monitoring
• 14 Day Free Trial
Scalefusion is the best MDM software on the market today. It’s trusted by 4,500+ businesses of all sizes across a wide range of industries. Industry leaders like Subway, Bose, and Yamaha rely on Scalfusion for mobile device management.
The software allows your IT team to manage and secure various devices, including smartphones, tablets, desktops, laptops, POS, rugged devices, and custom devices.
Scalefusion supports multiple operating systems. Android, iOS, macOS, and Windows 10 are all covered by this software.
Getting started is easy. You can enroll devices via email, QR code, ROM, G Suite, Office 365, Android zero-touch, Apple DEP, and more.
Some of the top security features of Scalefusion for MDM include:
- Passcode policy enforcement
- MDM kiosk mode
- Factory reset protection
- Wifi configuration settings
- Security incident monitoring
- Screen capture control
- Compliance violation detection
- Data sharing permissions
- Admin activity logs
Scalefusion offers location tracking, website blacklisting, role-based access, reporting, alerts, and so much more.
For such a robust solution, Scalefusion is surprisingly affordable. There are three plans to choose from:
- Starter — $ 2 per device per month
- Business — $ 3 per device per month
- Enterprise — $ 3 per device per month
All plans are billed annually. Even the Starter plan covers all device types and operating systems. It also supports BYOD, location tracking, Android Enterprise, and Apple Business Manager.
Try Scalefusion free for 14 days.
#2 – IBM MaaS360 — Best For Unified Endpoint Management (UEM)
• $ 4 per device
• $ 8 per user
• Supports mixed environments
• Leverage AI and analytics
• 30 Day Free Trial
IBM is a global leader in technology. So it’s no surprise to see IBM MaaS360 rank so high on our list of MDM software.
The software takes a unique approach to mobile device management. IBM leverages AI technology and analytics to support unified endpoint management (UEM) with an open cloud approach.
In addition to MDM, MaaS360 supports enterprise mobility management (EMM) and BYOD.
The software gives your IT team complete visibility, security, and management for iOS, macOS, Android, and Windows devices in the workplace. MaaS360 allows you to implement OTA (over-the-air) enrollment for rapid deployment.
Whether your organization is running on a specific operating system, mixed environment, or multiple devices, MaaS360 has everything you covered.
- Apple MDM security
- Android MDM security
- Windows MDM security
- Ruggedized device management
- IoT device management
Depending on the plan you select, IBM charges you per device and per user, which isn’t convenient for all businesses. The pricing structure can add up quickly. Here’s a look at the monthly rates for MaaS360
- Essentials — $ 4 per device; $ 8 per user
- Deluxe — $ 5 per device; $ 10 per user
- Premier — $ 6.25 per device; $ 12.50 per user
- Enterprise — $ 9 per device; $ 18 per user
The entry-level Essentials plan comes with basic features. In addition to MDM and mobile app management for all operating systems, you’ll benefit from identity management, expense management, a container app, and more.
The Premier plan comes with features like browser gateways, document gateways, OS VPN, and business dashboards. Most organizations will likely lean towards the Premier solution, at a minimum.
Try IBM Maas360 free for 30 days.
#3 – Jamf Pro — Best MDM Software For Apple Devices
• Starts at $ 3.33
• Supports iOS, tvOS, and macOS
• Seamless integrations
• REST API
• Start Free Trial
Formerly Casper Suite, Jamf Pro is an enterprise mobility management tool designed specifically for Apple devices. The software supports iOS, tvOS, and macOS devices.
Jamf Pro is an ideal solution for businesses and educational institutions that distribute Apple devices to employees or students. The tool helps automate device management while driving productivity and creativity on the user-end.
Jamf Pro is extremely flexible and seamlessly works with other tools you’re using for asset management, network access, and IT services. The software integrates with:
- Apple Business Manager
- Apple School Manager
- Cisco ISE
- Cisco Security Connector
- Cisco Fast Lane
You’ll also benefit from an active directory for user authentication and group memberships, conditional access for Mac, and a REST API for custom integrations.
Jamf Pro is easy to deploy and helps your IT team with device management, app management, inventory, security, and more. Users will also benefit from self-service tools like the ability to install apps and maintain their own devices without help desk ticket support.
The software costs $ 3.33 per iOS or tvOS device per month and $ 7.17 per macOS device. Jamf Pro is billed on an annual basis. Inquire about volume discounts or educational discounts if you fall into one of those two categories.
Contact Jamf Pro to request a free trial. According to some customer reviews online, it could take up to one or two weeks to get your trial started.
#4 – ManageEngine Mobile Device Manager Plus — Best MDM Software For Multiple Platforms at Scale
• Free for 25 devices
• Starts at $ 495 for 50 devices
• Supports multiple operating systems
• Supports multiple device types
• 30 Day Free Trial
Mobile Device Manager Plus from ManageEngine is a complete MDM solution designed for enterprise workforces. The software allows you to boost employee productivity with BYOD without compromising corporate security.
Unlike some of the other MDM tools on the market that only support one operating system, ManageEngine lets you manage iOS, macOS, Android, Windows, and Chrome OS. The software also supports a wide range of devices, including smartphones, tablets, laptops, and desktops.
With Mobile Device Manager Plus, it’s easy to enroll and authenticate both BYOD and corporate devices. Configure user profiles to enact with your policies for wifi, VPN, and additional parameters.
ManageEngine has an intuitive dashboard, which gives you a complete overview of your organization’s total device ecosystem. You can even troubleshoot devices in real-time with remote control capabilities.
Other top features and benefits of ManageEngine’s Mobile Device Manager Plus include:
- App distribution management
- App inventory management
- Kiosk mode
- Separate corporate app data from personal app data
- Remotely wipe device data
- Role-based permissions
- Customizable access
- High-risk device detection
- Non-compliant device alerts
- Enterprise email protection
- Document management
ManageEngine is available for cloud-based or on-premises deployment.
Small businesses can benefit from a free plan for basic use, which includes up to 25 devices. The Standard Edition starts at $ 495 for 50 devices, and the Professional Edition starts at $ 895 for 50 devices.
Try it free for 30 days.
#5 – Miradore — Best For Simple Mobile Device Management (MDM)
• Free for unlimited devices
• Paid plans start at $ 2
• Device and data security
• Multi device and OS support
• 14 Day Free Trial
Miradore is trusted by 10,000+ businesses across 180+ countries, making it one of the most popular solutions on our list.
What makes Miradore so popular? In a word—simplicity.
Mobile device management can be a complicated topic, especially for non-IT experts. Even if you don’t have a complete IT team, you can use Miradore to easily deploy Miradore to manage mobile devices in the workplace.
Use Miradore to manage smartphones, tablets, and laptops across operating systems like iOS, Android, macOS, and Windows.
Here are some of the top highlights of using Miradore for mobile device management:
- Data security
- Device security
- Device settings management
- Restrictions management
- Application management
- Manual task automation
- Dashboards and reports
Miradore has a free plan for basic use that accommodates an unlimited number of devices. Business plans start at $ 2 per device per month, and Enterprise MDM starts at $ 2.75 per device.
Try any paid Miradore MDM plan free for 14 days.
#6 – SimpleMDM — Best Cheap Mobile Device Management Software
• Starts at $ 2.50
• No contracts
• Supports Apple devices only
• Free technical support
• 30 Day Free Trial
As the name implies, SimpleMDM is another easy-to-use mobile device management solution. It’s used by organizations like FedEx, Discovery Channel, Rosetta Stone, Rip Curl, Deloitte, and more.
The software can support companies of all shapes and sizes. Whether you need MDM tools for 10 devices, 10,000 devices, or 100,000 devices, you can count on SimpleMDM to accommodate your needs.
While other MDM solutions offer low rates but force you to lock in annual contracts, SimpleMDM has cheap month-to-month pricing. Instead of confusing with you complicated plan options, SimpleMDM’s rates are transparent—$ 3 per device per month gives you access to all of its features.
The price drops to $ 2.50 per month if you sign up for yearly billing.
With that said, SimpleMDM only supports Apple devices. So it’’s not a viable option for organizations that need to manage Android or Windows devices.
Compared side-by-side with Jamf Pro (the other Apple-exclusive MDM solution on our list), SimpleMDM saves you about $ 1 per device per month. But Jamf Pro doesn’t offer month-to-month billing.
SimpleMDM has exceptional technical support as well. Expect a reply in 30 minutes or less during business hours—no extra charge.
Try SimpleMDM free for 30 days.
#7 – Baramundi — Best For Enterprise Mobility Management (EMM)
• On-premesis deployment
• Cross-platform support
• Device and app monitoring
• Simple interface
• 30 Day Free Trial
Baramundi is a German-based company that has been providing software solutions for 20 years to businesses worldwide.
The Baramundi Management Suite accommodates a wide range of use cases—including enterprise mobility management (EMM).
It’s easy to install, implement, and operate. Your IT team can reliably manage and protect all of the mobile devices within your organization at enterprise scale.
Baramundi supports Apple, Android, and Windows. Through a single interface, you’ll be able to see a comprehensive overview of your total IT infrastructure.
Some of the top EMM features and benefits of Baramundi include:
- Device monitoring
- Application monitoring
- Automatic device configuration
- Delete or lock lost devices
- Automatic inventory creation for all devices
- Implement IT security policies
- On-premises deployment
Pricing for Baramundi is not available online. But you can try the software free for 30 days with no obligation.
How to Find the Best MDM Software For Your Business
Generally speaking, there is no “best for everyone” software for mobile device management. There are certain factors that must be taken into consideration as you’re evaluating prospective solutions.
This is the methodology that we used to narrow down the winners above. You can use it as well to find the best MDM software for you.
MDM software can cover a broad stroke of potential devices.
In addition to smartphones, there are tools out there to support tablets, laptops, desktops, TVs, rugged devices, IoT devices, and more.
What types of devices are being used in the workplace? You need to answer this question before you choose a software. Otherwise, you might not be fully covered.
What OS are those devices running on?
The best MDM software supports iOS, Android, Windows, Chrome, and more. There are certain solutions out there that only support Apple devices and the corresponding operating systems. But those are really only viable if your organization is distributing Apple-only devices to staff or students.
Otherwise, the chances of every user working on an Apple device is slim. At least a few people will have Android or Windows devices mixed in there.
Once you find a solution, you need to make sure that the device enrollment process is easy. This can be a challenge at scale.
If the onboarding process doesn’t go well, it could have long-term effects on the user experience and productivity—we don’t want that to happen.
The best MDM software will offer a wide range of device enrollment capabilities, like email enrollment, QR codes, and more.
Make sure your IT team has the ability to lock, locate, or wipe a device that’s been lost or stolen. You should also look for software with role-based permissions and an easy-to-use dashboard.
At the admin level, features like device monitoring, alerts, automation, kiosk mode, application management, sharing permissions, screen capture, and wifi configuration will go a long way. Integrations will also make your life much easier.
So make sure you take a long look at the feature sets for any software you’re considering. The best way to get a feel for those administrative features is by testing the software with a free trial.
There are multiple approaches to data security. It all depends on the software provider in question. Some software simply provides secure file sharing and syncing functionalities. Others offer features like protecting copy and paste from information within a corporate application.
You should also consider how the software separates business app data from personal app data. This is crucial from a BYOD standpoint.
What’s the best mobile device management software? Scalefusion is our top recommendation.
But there are plenty of other great options to consider. Look into IBM MaaS360 for UEM (unified endpoint management) or Baramundi for EMM (enterprise mobility management). Jamf Pro and SimpleMDM are both excellent choices for Apple-only device management. ManageEngine Mobile Device Management Plus is perfect for multi-platform support at scale. Miradore is ideal for anyone seeking a simple MDM solution.
Regardless of your unique circumstances, use this guide to find the best MDM software for you.
Insightec announced today that it has secured complete Medicare coverage across the U.S. for its MR-guided focused ultrasound treatment of medication-refractory essential tremor.
Read more here.
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