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Business Wars Daily

Oh, Baby! Monitor Maker Nanit Lands $21 Million Investment—and Finds a New Market

Business Wars Daily

Audible

Business, Business News, News, Daily News

4.6717 Ratings

🗓️ 23 June 2020

⏱️ 6 minutes

🧾️ Download transcript

Summary

Today is Tuesday, June 23, and we’re looking at Nanit vs. iBaby.

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Transcript

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0:00.0

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0:04.8

Join Wonderly Plus in the Wondery app or on Apple Podcasts.

0:08.5

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there. Members support each other anonymously, sharing what's helped them on a range of subjects,

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from dealing with side effects such as hair loss and fatigue, to money worries and managing work,

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or talking with children about a diagnosis. There are different forums on cancer types or experiences,

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To join, search McMillan online community.

0:49.3

One, three. Wondery.

1:08.1

I'm David Brown, and this is Business Wars Daily on this Tuesday, June 23rd.

1:12.4

The pandemic may have slowed venture capital deals to a crawl, but that didn't stop baby monitor maker Nanit from raising $21 million in a new round of funding. The company

1:18.3

produces high-tech video baby monitors, a subscription app, and a line of wearable breathing bands,

1:24.4

swaddles, and sleeping bags. Baby monitors have long given parents a sense of

1:29.0

security, allowing them to hear and later see their sleeping children from another room. A quick

1:34.7

glance can put a worried mom or dad at ease. And Nanette's monitor gives parents an HD-quality

1:40.6

bird's eye view of their babies in infrared night vision. The mobile app lets you access

1:46.0

the monitor from your phone or tablet. Features include sound and motion sensors as well as two-way

1:51.0

audio that lets you sing or talk to your little one. Nanette promises the device which tracks

1:56.4

sleep patterns is like having a personal sleep coach in the palm of your hand. Oh, and it's compatible

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