Glooko is a startup which is selling data management health care service. Its aim is to make things easier for the doctors to look after their patients remotely. Now the doctors can remotely monitor their patients from anywhere anytime.Last time Glooko was able to raise the funds of $36 in various rounds. Latest in the C funding series, it was able to raise a round of $35 million. So in total up till now, it has been able to raise total %71 million. Last time Glooko didn’t disclose properly about the users who have been using it. It was feeling a bit shy about it. But, in the recent claim, it has revealed that Glooko has served 1 million patients. It certainly will have to expand rapidly if it wants to compete with some others of its own kind, such as Dexcom and Medtronic.

Reason of Recent Fundraising:

The recent funding Glooko raised is said to be consumed in that regard. It will try to expand itself as much as it can. The funding will mostly be utilized in expanding sales, marketing and developing the teams. It will also increase the efforts in commercialization in countries like France, Germany, UK, Asia and Middle East.

The CEO Rick Altinger:

The CEO of the Glooko, Rick Altinger said that: “This additional funding will help us to further our mission: to improve the lives of people with diabetes. With this capital, we will accelerate our investments in clinical solutions that aim to increase medication adherence, provide personalized insights and prompts that drive behavior change for people with diabetes, and deliver clinical decision support to thousands of clinicians and coaches so they can better support people with diabetes in between office visits.”