Morning Headlines 8/1/24

Spring Health Announces $100 Million Series E Funding to Accelerate Growth and Expand Global Access to Mental Healthcare

Spring Health, which offers digital mental healthcare programs to employers and payers, achieves a $3.3 billion valuation with a $100 million Series E funding round led by Generation Investment Management.

OneBlood Target of Ransomware Event

Blood donation and distribution non-profit OneBlood advises the hundreds of hospitals it serves to implement critical blood shortage protocols as it deals with a ransomware attack.

Following Sale to New Owners, Eye Care Leaders Becomes Sightview Software and Commits Additional Investment to All Products

Eye practice software vendor Eye Care Leaders sells itself to new owners and renames the company Sightview Software.

Teladoc (NYSE:TDOC) Misses Q2 Revenue Estimates, Stock Drops 15.6%

Teladoc Health shares drop on news of the company’s Q2 revenue and earnings, the former of which fell short of analyst expectations.