MedMinder Grabs $1.3M

Xconomy Boston — 

MedMinder Systems, a Newton, MA-maker of “smart” pillboxes that track patients’ prescription adherence, has raised $1.265 million in equity-based funding, according a filing with the SEC. The filing notes that the round came from 11 investors, which CEO Eran Shavelsky says include entrepreneurs as well as faculty from MIT who also helped the company raise about $500,000 two years ago. Last month Ryan tracked companies such as MedMinder that are using wireless and Internet technologies to remind patients to take their meds and enhance communication on the subject with care providers.