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The Loop System continuously collects and analyzes health data to warn providers of potential deterioration. The company says it has already inked a deal with a major health system.
The DynamiCare Health platform is already deployed in seven addiction treatment programs within the US.
The new money will be put towards research and development, as well as growing brand awareness in the Americas, Europe and Asia.
The startup's latest funding round will be used to expand its clinician outreach and internal teams.
A multicentre trial of their system will start this week in the south of England, according to the company.
Last week, ECRI Institute, a nonprofit that focuses on healthcare quality, announced that it will be launching its first medical device evaluation laboratory outside the US.
Doctors already using the DrChrono system will be able to see their patients via an HD, HIPAA-compliant smartphone video.
According to Moshe Bar Siman-Tov, director general of Israel's Ministry of Health, the country is pushing towards preventative and personalized medicine.
A new meta-analysis published in JMIR revealed that while fitness apps modestly increase physical activity, the average observed step count between app users and nonusers did not reach statistical significance.
Although still far from being tested in humans, the technology could serve as a replacement to blood draws.