AliveCor, Inc. announced that it has received $65 million in funding from OMRON Corporation, Khosla Ventures, LLC, WP Global Partners LLC, Qualcomm Ventures LLC, Bold Capital Partners
November 15, 2020
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AliveCor, Inc. announced that it has raised $65 million in a round of funding of November 16, 2020. The transaction was led by existing investors OMRON Corporation (TSE:6645), Khosla Ventures, LLC, WP Global Partners LLC, Qualcomm Ventures LLC and Bold Capital Partners.
OMRON Corporation specializes in manufacturing and marketing industrial automation systems. Net sales break down by family of products as follows:
- industrial automation systems (56.7%): sensors, switches, programmable controllers, automatic optical inspection devices, temperature control systems, etc.;
- medical equipments (17.4%): thermometers, blood pressure monitors, etc.;
- electronic and mechanical devices and modules (14%);
- social infrastructure solutions and systems (11.5%): energy and environmental solutions, public transport automation solutions (automatic doors, automated ticket vending machines, etc.), road traffic control systems, security, payment and network protection systems, etc.;
- other (0.4%).
Net sales are distributed geographically as follows: Japan (38%), China (25.7%), Europe (15.8%), Americas (10.3%) and other (10.2%).
AliveCor, Inc. announced that it has received $65 million in funding from OMRON Corporation, Khosla Ventures, LLC, WP Global Partners LLC, Qualcomm Ventures LLC, Bold Capital Partners
OMRON CORPORATION 
