At the beginning of the week Sleep Data, a California-based company best known for its positive airway pressure (PAP) system, announced that it raised $6 million in growth funding for its virtual care platform BetterNight. The investment comes from HCAP Partners, a debt and private equity firm, based in California.
WHAT THEY DO
BetterNight is a digital tool catered to people with sleep apnea,...
Charlotte, North Carolina-based Somnoware, which offers a sleep management software system, has raised $9 million in a round led by TransLink Capital with participation from World Innovation Lab (WiL) as well as existing investors.
Subath Kamalasan, Somnoware’s CEO founded the company in 2011. Before founding Somnoware, Kamalasan managed multiple sleep centers. He realized that creating a system...