Israeli Baby Monitor Startup Nanit Raises $6.6M
June 16, 2016 | Israeli baby-safe smart monitor developer Nanit has raised a $6.6 million seed round of financing, led by Mark Suster at Upfront Ventures with participation from RRE, 645 Ventures, Jacobs Technion-Cornell Institute, Flex, and Jerry Yang’s AME Cloud Ventures. The company has also launched its Baby-Safe smart monitor that uses machine learning to provide sleep insights camera vision. Nanit provides comprehensive sleep reports that measure a baby’s behavior throughout the night without requiring any kind of wearable component. The camera has been uniquely designed to track and analyze baby sleep patterns using smart algorithms and an elegant design solution with the highest safety standards. With offices in New York and Ramat Gan, Nani was founded by CEO Assaf Glazer, Tor Ivry, and Andrew Berman.