Glooko Secures $100 Million Funding to Enhance Diabetes Management Platform Under New Leadership
Funding Amount:
Glooko has secured $100 million in funding to expand its diabetes management platform.
Expansion Plans:
The funding will be used to enhance data insights and integrate more devices into the platform, improving diabetes management capabilities.
New Leadership:
The expansion is happening under new leadership, indicating a strategic shift in the company's direction.
Industry Context:
This investment aligns with the growing trend of digital health investments aimed at improving chronic disease management, particularly diabetes.
Date of Announcement:
The funding was announced on October 10, 2024.