News Byte

Jawbone Gets $40 Million From Deutsche Telekom, Kleiner Perkins

Jawbone, maker of nifty audio devices and the recently recalled 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.

Check Out Who’s Getting Rich on Jive’s IPO Today

A rundown of the biggest shareholders of Jive Software, who will all be smiling when its shares debut on the Nasdaq today.
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Plum District Scores $20 Million and Buys Two Companies for Mom-Focused Daily Deals Site

Plum District, which relies on a salesforce of moms who acquire local discounts targeted at other mothers, has raised $20 million in venture capital and acquired two companies.
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Zynga’s Valuation Withers 30 Percent Since February

Zynga’s initial public offering remains on track to raise $1 billion, but the social games company may not be worth as much as it was hoping for.
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Zynga Ups the Ante on IPO to Raise as Much as $1.15 Billion

Zynga is officially on its way to IPO-Ville.
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Al Gore on Steve Jobs: He’s The Kind of Guy That Comes Along Once Every 250 Years (Video)

As an Apple board member, former U.S. Vice President Al Gore spent a lot of time with company co-founder Steve Jobs, who passed away earlier this month. During an interview at AsiaD today, Gore reflected on Jobs’s legacy and Apple’s future without him.
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Al Gore on Apple, Google, and the “Broken” U.S. Political System

Former Vice President. Apple board member. Senior adviser to Google. Partner at storied venture capital firm, Kleiner Perkins Caufield & Byers. You just don’t get much more Silicon-Valley-connected than that.
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Waze Raises Major Funding to Drive Social Traffic Apps

Li Ka-shing’s Horizons Ventures Hong Kong and Kleiner Perkins Caufield & Byers have invested $30 million in social traffic and navigation company Waze.
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Kleiner Perkins Invests in Inspirato for New Spin on Luxury Vacation Rentals

Inspirato has secured $17.5 million in funding for its timeshare business alternative. Investors include Kleiner Perkins and New York Yankees first baseman Mark Teixeira.
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Kleiner Plays Catch-Up

Venture-capital firm Kleiner Perkins Caufield & Byers led the late-1990s dot-com frenzy with investments in Netscape Communications Corp., Amazon.com Inc. and, later, Google Inc.