The Broomfield-based medical tech startup Alio Inc. has raised $18 million to commercialize its remote patient monitoring technology.
The Series C round was led by the Widjaja Family Investment Office, an investing group formed by the second-wealthiest family in Indonesia. Also participating were Alio's existing investors, including Chase Field LLC and Thomas Krebs, the former treasurer of Penumbra Inc. (NYSE: PEN), California-based medical device company.
Alio developed a wearable sensor called…
