Today’s funding announcements include products for monitoring health, communicating with friends and finding student loans:
BAM Labs brings in $2.4M to keep an eye on people as they sleep: The Los Gatos, Calif.-based company has raised equity and securities for its “24/7 digital health assistant,” according to a filing with the SEC. Founded in 2006, the company has developed a biometric sensor that can detect heart and breathing rates when placed under a mattress. The product can be used by caregivers to remotely monitor patients during the night.
DailyBooth snags $6M for real-time photo sharing: The San Francisco-based startup has raised a first round of funding led by Ignition Partners with participation from Sequoia Capital and others, peHUB reports. The company, which originally raised funding from Y Combinator, connects users via pictures and status updates.
EduLender raises $1M to simplify student loans: The developer of a student loan search engine has raised a round of funding using AngelList, an online community of investors and startups. Based in Chicago, the startup launched in 2010 to serve as an unbiased source of information on the college financial aid process. The company launched EduLender OnePay, a product to help students consolidate existing federal student loans, yesterday.
NextSpace grabs $425K for alternative offices: The San Francisco-based creator of shared office spaces has raised a second round of angel funding to build coworking environments for freelancers and entrepreneurs. The startup, which currently has offices in San Francisco and Santa Cruz and works with about 300 clients today, plans to use the funds to open new offices in Silicon Valley and Southern California.