Cocoon Cam, a Mountain View, CA-based intelligent baby breathing video monitor, closed a $4m Series A funding.
The round was led by Happiness Ventures with participation from previous angel investors.
The company, which has raised $5.01m in total funding, will use the capital to scale consumer marketing and sales, product development and engineering.
Led by Sivakumar Nattamai, co-founder and CEO, and Pavan Kumar, co-founder and CTO, Cocoon Cam provides proprietary technology that lets parents view their baby at any time, day or night, through a smartphone application (available for both iOS and Android) and leverages computer vision technology to deliver breathing monitoring, instant alerts and sleep analytics.
The company has completed IRB-approved research validation studies at University of California San Diego and Lucile Packard Children’s Hospital Stanford’s NICU.
Its no-wearable baby breathing monitor with HD video and streaming audio launched in February of 2017 and is currently sold online at cocooncam.com, as well as Amazon and HSN. In July, Cocoon Cam will be available at 300 Target stores, Target.com, and 225 Babies “R” Us stores nationwide.