Thursday, September 12, 2013

Jawbone Pulls In More Than $100M In Debt, Equity Funding

Jawbone, the consumer electronics firm which makes wireless speakers, headsets, and other products, has just raised more than $100M in debt and equity funding, according to multiple reports today. According to those reports, the company raised $43M from Silver Lake and Fortreess Investment Group, along with $50M from J.P. Morgan and Wells Fargo. The company also raised $20M more in equity from its venture backers, which include Andreessen Horowitz, Kleiner Perkins, Khosla Ventures and Sequoia Capital. More information »