Jawbone raises $250 million in funding with a $3.3 billion valuation

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Jawbone is a company that builds consumer electronic devices like an activity tracking wristband called Up. Jawbone has raised $250 million in funding with a valuation of $3.3 billion. This round of funding was oversubscribed and could rise to $300 million. This round of funding was led by Rizvi Traverse Management. Jawbone also sells the Jambox wireless speakers and noise-canceling wireless headsets.
[Source: Recode]

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