Nanit raises $21 million for its baby monitor, app, and new line of wearables for infants

Nanit raises $21 million for its baby monitor, app, and new line of wearables for infants

4 years ago
Anonymous $-9GJQVHNr8

https://techcrunch.com/2020/05/12/nanit-raises-21-million-for-its-baby-monitor-app-and-new-line-of-wearables-for-infants/

The developer of a machine learning enhanced baby monitor, Nanit, has managed to nab $21 million in financing even amid the teeth of an epidemic that has slowed venture financing across the board.

The round came from existing investors including: Jerusalem Venture Partners, Upfront Ventures, RRE Ventures, and Rho Capital Partners, and brings the company’s total capital to $50 million.