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As Ozlo’s Sleepbuds go on sale, company raises funds for tinnitus treatment

  • Bose gave up on Sleepbuds after two generations, but now, Ozlo’s Sleepbuds are now available for purchase.
  • Ozlo was founded by former Bose executives, using IP licensed from the headphone maker.
  • Ozlo’s Sleepbuds are priced $50 more than the previous Bose device.
  • The funding of $12 million joins the around $8 million the company raised via crowdfunding which will be used to develop the second-generation Sleepbuds and for 'FDA-clearance for Ozlo’s tinnitus therapy'.
  • The obvious use cases of snoring partners and noisy cityscapes aside, such technology is no doubt intriguing to the 10% of the population living with ear ringing.
  • Getting that regulatory stamp of approval would no doubt give the young startup a significant push.
  • Since Ozlo was afforded the company by licensing Bose’s IP, Sleepbuds are 'Sleep Buds 3' that are compliant and soft.
  • The buds sit flush with the wearer’s ear, insuring there’s no pressure or discomfort for side sleepers.
  • Most importantly, however, they’re small and provide streaming feature for a pair of $299 specialty earbuds.
  • The ability to use preloaded sounds is nice but streaming is an essential feature that was missing in Bose Sleepbuds which might be a considerable drawback to consumers.

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