Jawbone Secures $40M for Mobile Lifestyle Products
Jawbone, which has been known for its premium Bluetooth headsets, received a combined $40 million in funding from Deutsche Telekom, Kleiner Perkins Caufield & Byers, private investor Yuri Milner, and investors advised by J.P. Morgan Asset Management. This brings funding to nearly $210 million.
Jawbone, which is based in San Francisco, is positioning itself as a “leading innovator in products and services for the mobile lifestyle.”
“We are experiencing fantastic growth and the worldwide demand for our mobile lifestyle products and services is unprecedented,” said Hosain Rahman, CEO of Jawbone. http://www.jawbone.com
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Every article published by Converge Digest is researched, curated, fact-checked and editorially reviewed by Jim Carroll, Editor & Publisher. AI-assisted drafting may be used to accelerate production, but all content is reviewed, refined and approved prior to publication.
You just read about All. A technology from the archive that helped get us here:
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Google/Alphabet Project Loon solar-powered balloons drifting in the stratosphere (~20 km), steering by rising and falling into different wind layers, relaying LTE from ground stations to phones far below. Its job passed to Unit economics — but the problem it solved, and the ideas it proved, live on in what replaced it. The standard rests here in the archive. One of 198 technologies here that opened a door and then held it for the next.
