Owlet tracks $24m in series B cash

May 10, 2018 • Robert Lavine

The Amazon-backed baby monitor developer will use the proceeds to support the launch of two new products this year.

Owlet Baby Care, a US-based advanced baby monitor producer backed by e-commerce firm Amazon, completed a $24m series B round on Tuesday that was led by Trilogy Equity Partners.

Venture capital firm Trilogy was joined in the round by Eclipse Ventures, Broadway Angels, Enfield Ventures and Pelion Venture Partners, and its managing director, Amy McCullough, will join Owlet’s board of directors in connection with its investment.

Owlet’s core product is a smart sock that uses pulse oximetry technology to monitor…

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