Beddit Oy (formerly Finsor Oy) is a Finnish technology company that sells sleep tracking devices and a sleep tracking appilcation to help monitor sleep. The company was founded in October 2006 and  was acquired by Apple in May 2017. History 2006–2017: Founding and growth Beddit was founded on October 12, 2006 by Lasse Leppäkorpi. The company originally performed basic monitoring in hospitals by tracking the heart rate and breathing of patients without touching them. However, Beddit was unable to release a sleep tracking product to the public  due to the expensive cost of manufacturing one at the time. Beddit released their first sleep tracker in November 2013 for early backers after a successful crowdfunding campaign on Indiegogo, where crowdfunders raised over $500 ,000.  Misfit's Shine fitness tracker announced support for Beddit's sleep trackers as part of a partnership between the two companies in July 2014. Beddit released a sleep tracking app for the Apple Watch on October 6, 2015. On October 4, 2016, Beddit released the Beddit 3 sleep tracker at select Apple Stores, on Amazon, and on Beddit's website. On April 28, 2017, Beddit announced that they would be phasing out older Beddit devicesand that the older devices would soon be incompatible with the Beddit app, while giving users the option to upgrade to Beddit 3 for free. At the time of the announcement, 80\% of Beddit's users were Beddit 3 users. 2017–present: Apple subsidiary On May 8, 2017, Apple Inc. acquired Beddit for an undisclosed amount. In September 2018, Beddit announced in an App Store update that their cloud service will shut down on November 15, 2018 for existing users and that new users will not be able to access its cloud service starting on September 21, 2018. Beddit 's cloud service shut down as planned on November 15 in an update to the Beddit app.
Beddit Oy (formerly Finsor Oy) is a Finnish technology company that sells sleep tracking devices and a sleep tracking appilcation to help monitor sleep. The company was founded in October 2006 and released their first sleep tracker in November 2013. In May 2017, Beddit was acquired by Apple Inc. History 2006–2017: Founding and growth Beddit was founded on October 12, 2006 by Lasse Leppäkorpi. The company originally performed basic monitoring in hospitals by tracking the heart rate and breathing of patients without touching them. However, Beddit was unable to release a sleep tracking product to the public at the time due to the expensive cost of manufacturing . In November 2013, the company released their first sleep tracker for early backers after a successful crowdfunding campaign on Indiegogo, having raised $500 thousand. In July 2014, Misfit's Shine fitness tracker announced support for Beddit's sleep trackers as part of a partnership between the two companies . On October 6, 2015, Beddit released a sleep tracking app for the Apple Watch . On October 4, 2016, the company released the Beddit 3 sleep tracker at select Apple Stores, on Amazon, and on Beddit's website. On April 28, 2017, Beddit announced that they would be phasing out their older sleep tracking devices, rendering them incompatible with the Beddit app, while giving users the option to upgrade to Beddit 3 for free. At the time of this announcement, 80\% of Beddit's users were Beddit 3 users. 2017–present: Apple subsidiary On May 8, 2017, Apple Inc. acquired Beddit for an undisclosed amount. In September 2018, Beddit announced in an App Store update that their cloud service will shut down on November 15, 2018 for existing users and that new users will not be able to access its cloud service starting on September 21, 2018. The company 's cloud service shut down as planned on November 15 in an update to the Beddit app.
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