Azumio Raises $2.5M in Series A Funding

Azumio, a Palo Alto, Calif.-based developer of a biofeedback app for smartphones, has raised $2.5m in Series A funding.

Investors include Founders Fund, Accel Partners and Felicis Ventures.

The company intends to use the funds to expand its product development introducing new services targeting big health issues.

Co-founded by CEO Bojan Bernard Bostjancic, Ph.D. and CTO Peter Kuhar, Azumio has developed Instant Heart Rate, a smartphone app that allows users to observe and compare their heart pulse by simply holding their finger over their phone’s camera for ten seconds. It is available for iPhone and Android devices.

FinSMEs

27/07/2011