Business Description:Sleep.FM is working to innovate the sounds the centuries old alarm clock. By injecting the Internet into the centuries old alarm clock, the information we can be awakened to is endless, useful, life enriching and saving.
For example, the clock can monitor the weather during sleep to notify users of imminent danger (tornado, forest fire, etc..).
Industry:IT/ Internet/ Software
Founded in:2006
Source of idea:Discovered by chance
Significant Competitors:The alarm clock
Company Details :
Company Name:Sleep.FM
HeadQuarters:Chennai
Stage of the company:Have prototype
No of Employees (2006):0-5
No of Employees (2007):0-5
Office Locations(2006):2-5
Office Locations(2007):2-5
No of companies promoted:No
Profits (2006):preprofit
Profits (2007):preprofit
>Partnerships:
Initial Funding:Personal savings
Addl Funding:Angel investors
Institutitional Capital:Yes
Revneue Model:Monetizing the billions of wake ups that occur throughout the world, by affixing relevant and brief audio ads into users wake up content.
Awards & honors:Selected as a Techcrunch40 semi-finalist
Selected to present alongside Microsoft, Facebook & Google at NY tech presentation.
Selected to receive seed funding and to participate in www.dreamitventures.com; Philadelphia, US Internet incubator.
Promoters Details :
Promoters Name(s):Muthukumaran Navaneethakrishnan
Age:27
HomeTown:Chennai
Education:Bachelors
No of companies promoted:No
Family Background:First gen entrepreneur
Job:Software developer at NA
Ex-Job Description:Java mobile & lamp/flash development
Favorite Book/Movie:Pro Web 2.0 Application Development with GWT