Fitbit Finds $8M

In a September 10 regulatory filing, San Francisco-based fitness tracking startup Fitbit revealed that it has raised $8 million in equity-based financing, in a round that could eventually total $9 million. FitBit has previously won funding from True Ventures and SoftTech VC, and Foundry Group general partner Brad Feld has joined its board. The company makes a portable device that tracks the distance users travel, the number of calories they burn, and the quality of their sleep.

Wade Roush is a freelance science and technology journalist and the producer and host of the podcast Soonish. Follow @soonishpodcast

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2 responses to “Fitbit Finds $8M”

  1. Bill says:

    Now if they would just use some of that money to get their manufacturing in line with orders…

    (yes, customers are still on back order for 6 months)