Tuesday, January 24, 2012

Fitbit Jogs Into $12M

San Francisco-based Fitbit, the maker of fitness tracking devices, announced today that it has raised $12M more, in a Series C funding round. The round came from its existing ivnestors, including Foundry Group, True Ventures, SoftTech VC and Felicis Ventures. Fitbit said the funding will go towards growth. Fitbit, which is headed by James Park, makes wireless fitness tracking devices used by people to track their physical activity and exercise. More information »