Rythm Garners $11,000,000 New Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=07895b5b-823f-4434-a02e-530bb58d8e64
Date
3/30/2016
Company Name
Rythm
Mailing Address
165 Jessie St. San Francisco, CA 94105 USA
Company Description
We are pushing the boundaries in how we merge neuroscience and technology to enhance performance, improve quality of life, and create breathtaking experiences. With our first product Dreem, we’ve created a wearable device that syncs with your brain activity and stimulates sound to enhance the quality of your sleep.
Website
http://www.rythm.co
Transaction Type
Venture Equity
Transaction Amount
$11,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The $11 million will largely go to engineering and research, while future funding will bolster marketing and manufacturing.
M&A Terms
Venture Investor
Investor
Venture Investor
Investor