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The company said it will use the capital to hire for its commercial teams and advance development on new features.
Brightside Health, Podimetrics and Hims & Hers also announce new additions to their teams.
The Patent Trial and Appeal Board determined three AliveCor patents regarding the detection of heart conditions like cardiac arrhythmias were unpatentable.
The company said it needed to restructure following "a period of rapid growth and hiring."
The company’s Polso wrist-worn wearable allows for the collection of blood oxygen saturation, respiration rate and pulse rate.
EchoGo Heart Failure, developed in partnership with the Mayo Clinic, helps physicians detect heart failure with preserved ejection fraction.
Medical waste-management firm Stericycle sold the business to Carenet for approximately $45 million in cash.
It features a 24-session guided game that is paired with an EEG headband to track brainwaves.
Patient engagement platform Ostro scooped up $45 million, and Cloud Health Systems, a new startup from Instacart cofounder Apoorva Mehta, reportedly raised $30 million.
The platform allows surgeons to analyze radiographic images in 3D to prepare for procedures.