MedMinder Systems, a Newton, MA-maker of “smart” pillboxes that track patients’ prescription adherence, has raised $1.265 million in equity-based funding, according a filing with the SEC. The filing notes that the round came from 11 investors, which CEO Eran Shavelsky says include entrepreneurs as well as faculty from MIT who also helped the company raise about $500,000 two years ago. Last month Ryan tracked companies such as MedMinder that are using wireless and Internet technologies to remind patients to take their meds and enhance communication on the subject with care providers.
Author: Erin Kutz
Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.
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