4 Smithfield Street, 12th Floor, Pittsburgh, PA 15222 P. 412.288.9901 F. 412.288.9902
October 9, 2000
(Pittsburgh, PA) -- BodyMedia, Inc., a revolutionary healthy lifestyle company, today announced the closing of its first round of venture funding from DQE Enterprises, Inc., a subsidiary of DQE, Inc. (NYSE: DQE) and Draper Triangle Ventures. BodyMedia integrates an on-line service and wearable health monitors to assist individuals in making significant lifestyle changes so that they can achieve their personal health goals.
"We are pleased to be working with experienced partners, such as DQE Enterprises and Draper Triangle, as we launch the BodyMedia system," said Dr. Astro Teller, Chairman and Chief Executive Officer of BodyMedia. "Our investors share our vision of providing consumers with a simple, accurate, and holistic approach to maintaining a balanced lifestyle."
DQE Enterprises, Inc. is a wholly-owned subsidiary of DQE, Inc. (NYSE:DQE), a multi-utility delivery and services company with active business ventures and partnerships throughout the United States and Canada. DQE Enterprises acquires, develops and invests in companies involved in electronic commerce, energy services and communications. For more information, please go to www.DQE-Enterprises.com.
Draper Triangle Ventures, a $53 million venture fund affiliated with the Silicon Valley-based venture firm Draper Fisher Jurveston, invest in high technology companies that have the ability to rapidly dominate the market.
For more information, contact Public Relations Department, 412.288.9901
Back to Top