Heart Rate Watch Device Company Basis Raises $9 Million

Basis is a San Francisco based company that has raised $9 million in a first round of funding co-led by Norwest Venture Partners and Doll Capital Management. Basis developed a product called Basis Band, which is a watch device that measures the heart rate of the individual wearing it. The Basis Band uses game mechanics to determine the heart rate and sends a signal to mobile and web devices through Bluetooth. The Basis Band can be ordered from their website for $199. [VentureBeat]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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