Ozlo has officially released its Sleepbuds, priced at $299, following the company's successful fundraising round of $12 million led by Arc Ventures. Founded by ex-Bose executives, Ozlo aims to improve sleep quality with features like Bluetooth streaming, which was absent in Bose's earlier models. The funding will also support FDA clearance for tinnitus therapy, targeting the 10% of the population affected by ear ringing. This new product aims to fill the gap left by Bose, offering improved comfort and functionality for side sleepers. Early backers have already begun receiving the product, generating buzz in the market.