MC10, Inc.
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MC10, Inc. - overview
Established
2008
Location
Lexington, MA, US
Primary Industry
Semiconductors
About
MC10, Inc. specializes in developing advanced wearable technologies that integrate electronics with biological systems, enabling transformative health monitoring and analysis solutions. Founded in 2008 by Roozbeh Ghaffari and headquartered in Lexington, US, MC10, Inc. focuses on innovative health technology.
In October 2020, the company was acquired by Medidata Solutions, Inc. for undisclosed financial terms. Throughout its history, MC10 has engaged in 16 deals, with its most recent deal occurring on October 27, 2020. The company raised a total of USD 10.
03 mn, with the latest funding round attracting investments from various firms including Aberdare Ventures and Medtronic. MC10, Inc. offers a range of wearable technologies that are designed to improve health monitoring through the integration of electronics with biological systems. These products aim to provide advanced solutions for health analysis, ensuring effective data collection and user engagement for various health applications.
Their innovations cater to sectors such as continuous health monitoring and athletic performance enhancement, serving both consumers and healthcare providers. MC10, Inc. generates revenue through partnerships and the sale of its advanced wearable technologies. The company establishes long-term agreements with clients who utilize its products for health monitoring and performance analysis.
Revenue models typically involve subscription-based pricing for access to MC10's technology, which supports a range of health-related applications across different markets. With the acquisition by Medidata Solutions in October 2020, MC10 plans to leverage its advanced technology to enhance product offerings and expand into new markets. The integration aims to support the development of innovative health monitoring solutions tailored for the biopharmaceutical and healthcare sectors. The recent funding of USD 10.
03 mn will be utilized to further research and development efforts, focusing on launching new wearable technologies that are anticipated to meet growing demands in personalized health monitoring.
Current Investors
BEV Capital, North Bridge Venture Partners, Aberdare Ventures
Primary Industry
Semiconductors
Sub Industries
Healthcare IT, Medical Devices & Equipment, Electronic Components & Semiconductor Wholesalers, Electronic Components, Semiconductor Equipment & Testing, Biomaterials
Website
www.mc10inc.com
Verticals
Big Data, HealthTech, Manufacturing, Mobile Apps, Wearables & Quantified Self
Company Stage
Acquired
Total Amount Raised
Subscriber access only
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