Owlet, a tech company focusing on smart baby monitoring, announced it would proceed with a 1-for-14 reverse stock split of its Class A common stock effective July 7.
The announcement comes just one week after the company reported it obtained FDA clearance for its prescription pulse oximetry sock for infants dubbed BabySat.
The stock will trade on a split-adjusted basis when the New York Stock...
Nanit, a smart-monitoring system for sleeping babies, announced today it has closed a $25 million Series C funding round. The raise brings the company’s total capital raised to date to $75 million.
New investor GV led the round, with participation from existing investors Jerusalem Venture Partners, Upfront Ventures, RRE Ventures and Rho Capital Partners.
WHAT IT DOES
Nanit’s baby-monitoring...
It’s impossible to watch a baby at all times, no matter how little sleep new parents get. But that doesn’t stop parents from trying to keep tabs on their child at any time of day or night, meaning the market for smart baby monitoring products isn’t slowing down. The latest to raise funding in this space is Silicon Valley-based Cocoon Cam, which just closed $4 million in Series A led by Happiness...
Boston-based Rest Devices has announced a collaboration with Johnson & Johnson to develop a smart, personalized sleep coaching system for babies (and their parents, hovering over their crib with a smartphone). The offering, which consists of a wearable baby monitor called Mimo and a companion app called Nod, was announced during the Consumer Electronics Show in Las Vegas this week.
The...
A tiny new wearable designed to be worn on a baby or toddler’s wrist will soon be an option for families in the United States and European Union. Neebo, a baby monitoring device from Czech Republic-based Daatrics, has opened up pre-orders and will begin shipping by spring 2017.
The small, egg-shaped wearable aims to give parents and guardians peace of mind by tracking vital signs and any sound...
San Francisco-based Sproutling has raised $3.9 million, according to an amended SEC filing. The company started the round in August
2013 and has raised at least $6.5 million total to date.
Existing investors include First Round Capital, Forerunner Ventures, FirstMark Capital, Accelerator Ventures, Lemnos Labs, BoxGroup, and Napster co-founder Shawn Fanning.
Sproutling has developed a health...
Provo-based newborn wearable device maker Owlet has raised $1.85 million in funding from a mix of investors that included R/GA, Techstars, Azimuth Ventures, Life Sciences Angel Network, Utah-based Peak Ventures, Eniac Ventures, ff Ventures, Brand Band Project and John Ason, an early investor in Diapers.com, according to a report from Dow Jones.
Owlet did not respond to a request for more...
