Report: $2.3B in digital health venture financing in the first half

Venture firm Rock Health released a report on funding for private digital health companies. The first half of 2014 saw a record-breaking $2.3 billion in funding for 143 companies, more than the entire 2013 total. More specifically, digital medical device companies raised $206 million during the first half. While digital health funding is booming overall, crowdfunding platforms such as Indiegogo, Medstartr and Kickstarter are down about 50% from 2013. Financing in the sector is growing steadily in the Bay Area, with smaller, yet still substantial, growth in New York and Boston. Story