Jawbone maker raises $70 million

by Property Management on July 12, 2011

Jawbone, maker of mobile device accessories such as headphones and speakers, has secured $70 million in funding through J.P. Morgan Asset Management.

The latest round brings the total raised by San Francisco-based Jawbone, which was formerly called Aliph, to $170 million. Previous investors have included Khosla Ventures, Sequoia Capital and Andreessen Horowitz, which invested $49 million in March. Andreessen Horowitz partner Marc Andreessen has spoken about Jawbone’s potential to develop wearable…

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