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Thalmic Labs raises $120M for gesture-tracking connected wearables with medical applications

Shared by Radhika Narayanan | 0 52 1 | about 2 years ago

Canada-based wearable technology company Thalmic Labs, which makes the connected armband Myo, has raised $120 million in Series B funding in a round led by Intel Capital, the Amazon Alexa Fund and Fidelity Investments Canada, TechCrunch has reported. The funding will support the company’s expansion of its product line, as well as hiring staff for the company’s new San Francisco office.

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