WAKE FOREST —Revibe Technologies will invest in the clinical and regulatory development of its flagship product, Revibe Connect, a digital therapeutic smartwatch device powered by artificial intelligence after closing $3 million in funding led by the Carolina Angel Network. To lead this effort, company founder Rich Brancaccio will transition from the role of CEO to the role of chief innovation officer, and the company will hire Joseph Koziak as its new CEO, it announced in a statement.
The company’s product aims to assist children with autism and attention deficit hyperactivity disorder (ADHD) with maintaining focus, using an algorithm backed by artificial intelligence that sends vibration signals to a user wearing the device.