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Jawbone Gets $40 Million From Deutsche Telekom, Kleiner Perkins

Published on December 21, 2011
by Lauren Goode

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.

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URL: http://allthingsd.com/20111221/jawbone-gets-40-million-from-deutsche-telekom-kleiner-perkins/