Sense sleep tracker maker Hello is shutting down

Hello, the makers of the bedside sleep tracker Sense, is shutting down as after looking for a buyer, according to a blog post from the company. The news was first reported by Axios, which said the company has laid off most of its employees and sought a buyer of its assets.

We’ve also heard that the details via Axios are on-point, including talks with Fitbit for the company’s assets with no outcome. We’ve also heard that some of the engineering team will — unsurprisingly — be headed to sleep startup Casper. That team will be part of the company’s San Francisco R&D team. Casper sells a wide portfolio of sleep products like the mattress, sheets, pillows, and of course a dog bed.

The company was valued between $250 million and $300 million in a financing round in 2015, when…

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