A number of developers have stepped away from building new programs for Google Glass because consumer demand hasn’t heated up in meaningful way for the wearable computer. But other developers have kept on, and some building Google Glass applications for the workplace have continued to attract venture capital. One such company, San Francisco-based Augmedix, says it has raised a $16 million insider Series A round for a program designed to free up doctors from several hours’ worth of data entry that they are expected to do each day, so that they might spend that time treating patients, Tim Hay reports for Dow Jones VentureWire. Augmedix, a graduate of medical-technology accelerator Rock Health, has raised a total of $23 million provided by return investors Emergence Capital and DCM.

ALSO IN TODAY’S VENTUREWIRE (subscription required):

Venture capital fundraising hit $32.97 billion in 2014, a 62% increase over 2013 and the highest total since 2007, as investors poured money into big funds and also showed interest in small pools aimed at early-stage deals.

Arboretum Ventures, whose strategy of backing capital-efficient life sciences companies has paid off with several successful exits, plans this year to begin raising a fourth fund that could be larger than its current, $138 million partnership.

Percolata, a startup emerging from stealth, has raised a $5 million seed round from investors including Google Ventures and Andreessen Horowitz for its system of in-store sensors and analytics that is designed to help retailers better staff their stores.

MongoDB has raised another $80 million to take on powerful incumbents and startups in the race to win database business customers.

PureTech, an operating company that launches startups to attack health-care problems in new ways, has raised a $50 million round that follows a $57 million financing closed in October.

Institutional Venture Partners said it promoted Somesh Dash and Eric Liaw to general partner and hired a chief financial officer.

DataRPM, a data analytics company, received an investment from Dr. Amr Awadallah, the co-founder and chief technology officer of Cloudera.

(VentureWire is a daily newsletter with comprehensive analysis of all the investments, deals and personnel moves involving start-ups and their venture backers. For a two-week trial, click here.)

ELSEWHERE AROUND THE WEB:

Box Moves Ahead With IPO. After months of delays, the initial public offering for online storage company Box is finally a go, report the WSJ’s Douglas MacMillan, Telis Demos and Shira Ovide. Box said Friday that it plans to register as many as 14.4 million shares, expected to price between $11 and $13 a share, and expects to raise as much as $186.9 million. It began its road show pitching the stock to investors, putting it on track to have its shares trading by the end of January.

Shopify Preparing for Dual U.S.-Canada IPO in 2015. Shopify is working on a plan to raise roughly $100 million in a dual U.S.-Canada IPO that could value the company at well over $1 billion, the WSJ reports, citing sources. The tech startup has grown sharply since its inception in 2006, providing software and services that enable small and midsize merchants as well as bigger firms to sell goods online. In December 2013, it raised $100 million from private investors at a valuation that was near $1 billion.

The Future of Medicine Is in Your Smartphone. With the smartphone revolution, an increasingly powerful new set of tools–from attachments that can diagnose an ear infection or track heart rhythms to an app that can monitor mental health–can reduce our use of doctors, cut costs, speed up the pace of care and give more power to patients, the WSJ’s Eric Topol reports.

Top Tier Capital’s Lisa Edgar on “Too Much Capital.” The managing director of San Francisco-based fund of funds Top Tier Capital talks in a video interview about several venture capital issues, including how capital and returns tend to go in opposite directions, how investors these days want to get into companies earlier, and how it’s too late for people to say they didn’t realize the industry has a diversity problem.

Startups Experience Their Own Version of the Wealth Gap. Entrepreneurship has never been easier, but entrepreneurship is on the decline. This perplexing paradox, which seems borne out by statistics, is hard for many to accept because it runs counter to the stories of successful billion-dollar ventures we read so much about in the news. Irving Wladawsky-Berger, in a blog post for CIO Journal, says the answer is that startups have their own version of the wealth gap between the rich and superrich.

Write to Zoran Basich at zoran.basich@wsj.com. Follow him on Twitter at @zoranbasich