iWalk Inc. is the pioneer and leader in personal bionics innovation. With the introduction of BiOM technology, the company has been able to embrace mobility and extend potential for people with lower-limb loss. In the future, the same underlying technology will also help people whose mobility is limited by stroke, diabetes or other conditions of disease or age. The company was founded in 2006 by Dr. Hugh Herr, director of the Biomechatronics Group at the MIT Media Lab. Privately held and headquartered in Bedford, Mass., the company has received funding and support from the U.S. Department of Veterans Affairs, the U.S. Army's Telemedicine and Advanced Technology Research Center (TATRC) and leading venture firms WFD Ventures, General Catalyst Partners, Sigma Partners, and Gilde Healthcare Partners.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 09/13/12 | $17,000,000 | Series D |
Gilde Healthcare Partners WFD Ventures | undisclosed |
