Wednesday, November 10, 2010

Coro Health Gains $2M For Music Therapy

Austin-based Coro Health, a developer of music therapy programs for residents of long term care facilities, said today that it has raised $2M in a Series A funding round. The round came from Bob Martin, former CEO of Walmart International, Kent Lance of KPI Austin, and other angel investors. Coro, which is headed by David Schofman, develops web-based, audio products which are aimed at therapy for Alzheimer's and dementia patients. The firm said its product is in the midst of clinical trails at the University of California, Davis Center for Mind and Brain, and already is in use in facilities covering more than a thousand residents. More information »