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 the producer and host of the podcast Soonish and a contributing editor at Xconomy. 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)