www.sleep.fm

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