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.

Will you join us?

Our biggest supporters are our readers — and we’re so grateful to everyone who has made a contribution during our September campaign. We’re less than 1,000 contributions away from reaching our goal for the month, which in turn will allow us to say yes more often when our incredible journalists come to us with questions they want to answer and projects they want to pursue. Will you make a contribution before the month ends and support our policy coverage through 2024 and beyond?

One-Time Monthly Annual

$5/month

$10/month

$25/month

$50/month

Other

$

Yes, I'll give $5/month

Yes, I'll give $5/month

We accept credit card, Apple Pay, and Google Pay. You can also contribute via