Tech Company Financing Transactions
Rythm Funding Round
On 3/30/2016, Rythm raised $11 million in investment from private investors.
Transaction Overview
Company Name
Announced On
3/30/2016
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Undisclosed
Investors
private investors (Laurent Alexandre)
private investors (Xavier Niel)
Proceeds Purpose
The $11 million will largely go to engineering and research, while future funding will bolster marketing and manufacturing.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
165 Jessie St. 5
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Undisclosed
Website
Email Address
Overview
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.
Management Team
Title
Name
Email & Social
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About Our Venture Capital Transactions Database
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are derived from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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