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Morning Headlines 6/24/22

June 23, 2022 Headlines No Comments

Asimily Announces Strategic Investment from MemorialCare Innovation Fund to Further its Innovation in IoT Device Security and Risk Management

MemorialCare’s innovation fund makes an unspecified investment in IoT security vendor Asimily.

Digital health startup Ro just slashed 18% of its staff months after hitting a $7 billion valuation. We got the CEO’s full note explaining the layoffs.

Ro, which offers telehealth visits for ED, hair loss, skin care, and fertility, reportedly lays off 18% of its headcount on Thursday, four months after reaching a paper valuation of $7 billion.

Medallion Raises $35 Million in Series C Funding Fueled by Significant Revenue Growth Over Past Six Months

Provider licensing and credentialing software company Medallion raises $35 million in a Series C investment round, bringing its total funding to $85 million.



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