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Glooko Raises $30M To Accelerate Commercial Strategy, R&D, Tuck-In Acquisitions

 
• By Marion Webb

Glooko will use the proceeds to expand into new geographies and take advantage of rising reimbursement for digital health, expand solutions for co-morbid conditions, and explore tuck-in acquisitions.

Financing

Glooko, Inc., which has developed a software-as-a-service application and accompanying mobile app for diabetes management, announced on 16 March it raised $30m in a series D round of financing, bringing its total funding to $115m.

Glooko’s CEO Russ Johannesson told Medtech Insight the company will use the proceeds to grow the business by expanding its sales and marketing groups and take advantage of the global...

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