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Masimo is seeking to take Apple's blood oxygenation tech off the U.S. market.
The new capital boosts Olive’s valuation to $4 billion.
Also: Syllable scores $28M to support health system partnerships, digital training platform Virti snags $10M and BioT eyes growth opportunities after completing seed round.
The new acquistiion is expected to help the company grow out its diagnostic capabilities.
The company's IPO included around 4.4 million shares.
This new funding brings the company's total valuation to $2.2 billion.
The company plans to use the funds for new market launches, building out its sales team and R&D.
This new infusion of cash brings the company's total funding to $15M.
Also: JMI Equity invests in Greenlight Guru, Adela launches with $60 million and Bicycle Health tackles opioid use disorder with $27 million in new capital.
Apostrophe is able to offer patients oral and topical acne medications.