OurCrowd Qure Leads DarioHealth Corp. (NASDAQ: DRIO) Private Placement with $2.5 Million of $5.1 Million Total

DarioHealth Corp. (NASDAQ: DRIO), a company focused on digital and mobile health and targeting diabetes monitoring, received on January 12, 2017, a private placement investment of $2.5 million from OurCrowd Qure, a health care fund focused on digital solutions. The funds will be used by DarioHealth Corp. to grow its share in existing markets and to expand into new ones, such as Germany. The total private placement is $5.1 million, the company said, of which $2 million will be closed upon future shareholder approval, per NASDAQ rules.

DarioHealth Corp., based in Jerusalem and Boston, manufactures a platform for smart diabetes management.  It is a B2C model marketed combination of its Blood Glucose Monitoring System smart phone app and a number of tools to help in health care decisions by users.  It is a portal for the internet.  In its investor presentation (http://nnw.fm/S3i5w), the company projects there will be…

Read More >>

About NetworkNewsWire

NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW is uniquely positioned to best serve private and public companies who need to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, visit https://www.NetworkNewsWire.com

Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s