Google Glass-Based Startup Raises $17 Million in Funding

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Google Glass-Based Startup Raises $17 Million in Funding
Augmedix, a startup that uses Alphabet's Google Glass to provide documentation services to doctors and other healthcare workers, said on Monday it had closed a $17 million (roughly Rs. 113 crores) funding round led by investment firm Redmile Group.

Augmedix's employees transcribe doctors' notes and update patients' electronic medical record through Google Glass.

The San Francisco company, which has raised $40 million (roughly Rs. 266 crores) so far, also said it had received investments from five US healthcare networks, including Sutter Health and Dignity Health, which together have more than 100,000 healthcare workers.

Augmedix, with 400 employees, said it serves doctors in nearly all 50 US states.

Funds raised will be used to build up the service to serve more health systems and private clinics, the company said.

Augmedix is one of 10 partners authorized by Alphabet to deliver enterprise services through Google Glass.

The next generation of Google Glass wearables from the Mountain View giant has been expected for a while.

Last month, a "reliable" seller on eBay was selling what was claimed to be the Google Glass 2.0 headset, also rumoured to be called Google Glass Enterprise Edition. The listing on the shopping portal also unveiled the design changes the forthcoming model of the virtual reality glasses will sport, matching leaked images spotted in a December FCC filing.

The new Glass seems to have a folding hinge, and an outward-facing LED light. Folding hinge feature is in line with a report from last year which claimed that Google was working on the second-generation of its virtual reality headset.

According to an earlier report, Google is working on three next-generation head-mounted devices. One of them, interestingly, doesn't have a screen at all, as per the report. It's an audio-focused model meant for the sports crowd. Google is expected to unveil the Google Glass 2.0 at its upcoming developer conference I/O 2016.

Written with inputs from Reuters

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