Alphabet
The companies announced the sleep technology platform at HLTH 2022 on Sunday.
Alphabet's life science arm also announces the company's founder Andy Conrad will step down as CEO. Current president Stephen Gillett will take on the role in January.
The goal is to disconnect Verily from Google’s computing infrastructure so it can more easily stand on its own, according to reporting by Insider.
In Verily's Letter of Intent the new feature was seeking to assess Parkinson's disease symptoms in clinical trials.
This Series B round brings the company's total funding to $223.5 million.
The new wellness features use machine learning to observe subtle changes in chest movement or blood coloration, and are slated to drop for Pixel device users in the next month.
The companies' $2.1 billion deal was announced in late 2019, but delayed by regulatory concerns.
There was no shortage of variety among the 2020 healthcare initiatives from Alphabet's major business units.
The round had participation from existing investors including Alphabet, Silver Lake, Temasek, Ontario Teachers’ Pension Plan and others.
The regulator imposed a series of requirements for the tech companies that must be followed for at least 10 years.