SAN FRANCISCO – Wearable technology company iBeat, which makes a smartwatch that continually monitors heart activity, has raised an additional $3 million in funding, bringing its total seed stage funding to $4.5 million. “The funding from new and existing investors not only validates the important work our team has done in demonstrating the watch’s ability to recognize life-threatening heart emergencies, but is also an affirmation of our technology and will help sustain our greater vision to reduce preventable deaths from these emergencies,” said Ryan Howard, founder and CEO of iBeat, in a statement. The company plans to use the additional funds to begin clinical testing, refine its sales and marketing strategies, continue hiring, and further scale its tooling and manufacturing operations. iBeat has also added Dr. Mintu Turakhia of Stanford University and Apple product veterans Roby DeManche and Drew Atkinson to its executive team.
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