Eight, the US-based advanced mattress producer backed by mass media group Comcast, has raised $14m in a series B round led by venture capital firm Khosla Ventures.
Y Combinator and Yunqi Partners also participated in the round, which increased the company’s total funding to $27m since it was founded in 2014 as Luna.
Eight has created a smart mattress that tracks data factors such as length of sleep, heart and respiratory rates in order to help users optimise their sleep patterns.
Customers can also use a mobile app to control the temperature of the mattress, which connects to other smart home devices, enabling users to trigger functions such as lights or coffee preparation depending on what stage they are in the sleep process.
Matteo Franceschetti, co-founder and CEO of Eight, said: “At Eight, we are focused on innovation in sleep so our customers can get better rest – not just spend more time in bed. This round of funding enables us to continue on that mission.”
Comcast Ventures joined Y Combinator, Yunqi Partners, Azure Capital, Cota Capital, Vast Ventures, Stanford University, Galvanize Ventures and angel investor Jared Friedman to provide $6m of seed capital for Eight in early 2016.
The company closed a series A round at $6.9m in February 2017, according to a securities filing, having pulled in funding from Comcast Ventures, StartX, Yunqi Partners, Azure Capital, Sinovation Ventures and Y Combinator.
– Photo courtesy of Eight.