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Jawbone Completes $300 Million Funding From BlackRock

According to sources close to the company, Jawbone has finally completed a $300 million funding from investment firm BlackRock that values the San Francisco maker of activity trackers and other consumer electronic devices at about $3 billion. The new investment brings the amount that Jawbone has raised to $700 million, from a range of high-profile investors. The company recently released several new Up fitness bands, with multi-sensor features, which have thus far received mixed reviews.

This article originally appeared on Recode.net.