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Axon Becomes Zeo, Adds $8.3M

Newton, MA-based Axon Labs, which is developing a wireless headband and bedside display designed to help people with sleep problems monitor their own sleep patterns, announced today that it has closed an $8.3 million Series C financing round and changed its name to Zeo Inc. Trident Capital of Palo Alto, CA, led the venture round, which also included existing investor iD Ventures America. Private Equity Hub has a reprint of the company’s press release.

Wade Roush is Xconomy's chief correspondent. You can e-mail him at wroush@xconomy.com, call him at (617) 252-7323, or follow him on Twitter at http://twitter.com/wroush.

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