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Mio Global Earns $15 Million In Series B Funding, Introduces Personal Activity Intelligence

Heart rate monitors have become a staple of athlete’s gym bags. Mio Global is taking heart rate monitor technology to a new level by creating monitors that can be worn on the wrist. The company founded by Liz Dickinson last month announced $15 million in Series B funding led by Hydra Ventures.

Mio plans to use the funding to further develop its AI-based sensor and analytics platform within Personal Activity Intelligence or PAI, a metric the company introduced to measure heart rate to monitor the body’s response to physical activities.

“The era of the heart rate has finally arrived,” Dickinson said in a statement.