Jawbone Gets $40 Million From Deutsche Telekom, Kleiner Perkins
Jawbone, maker of nifty audio devices and the recently maligned UP fitness wristband, has raised $40 million from Deutsche Telekom, Kleiner Perkins Caufield & Byers, Yuri Milner and investors advised by J.P. Morgan Asset Management. The new capital brings Jawbone’s funding to date close to $210 million. CEO Hosain Rahman has said that the company plans to introduce more products in the healthcare and audio markets, according to GigaOM.
