Tuesday, February 12, 2008

UpSpring Raises $2M

Austin-based UpSpring, which develops products used for monitoring sleeping infants, said Tuesday that it has raised $2M in a Series B funding round. The round came from individuals Walter Foss and Sherman Wyman, along with unnamed venture capital investors. UpSpring is developing parenting products which monitor infant motion during sleep for worried parents. According to the firm, the funding will go to accelerate product development and expand its product lines. More information »