LabStyle Calls Up $3.5M for Diabetics' Device Named Dario
November 08, 2012
LabStyle Innovations | The Dario
Blood sugar testing is not only going mobile, but it has a name. LabStyle Innovations has netted $3.5 million in funding for a smartphone glucose meter device it calls the Dario. Dario is a disposable strip and adaptor device that can be combined with a smartphone to replace traditional diabetes diagnostic kits. LabStyle raised the latest financing from new and current investors at a pre-money valuation of $22.5 million.