Speaker hardware company Jawbone has acquired music playlist app Playground.fm. Jawbone recently raised $250 million in funding with a $3 billion valuation. Around the time of the funding, Jawbone was hitting about a $600 million revenue run rate. Playground.fm is a free music service on the iPhone and iPad that is considered a “human-powered” radio. The app uses data from Facebook and Spotify to create a station. According to TechCrunch, the acquisition took place last year.
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.
Jawbone has announced the Up24, which is a fitness bracelet that supports Bluetooth and can wirelessly connect to your phone. The Up24 costs $150 and you do not need to plug your the bracelet into your phone every time to sync it. The $130 Jawbone Up requires you to connect the bracelet to the phone. The Up24 has the same size as the Jawbone Up. The Up24 has 7 days of battery life and has an identical design. The Up24 is available in black and orange. The Up24 does not have a screen to see your steps or miles in order to be unobtrusive.
Jawbone has announced a new line of portable speakers called the Mini Jambox. The Jambox is slightly wider than the original Jambox, but is over a half inch slimmer. The Mini Jambox is built using an aluminum chassis. The Mini Jambox has two neodymium drivers, but only one bass radiator, according to Digital Trends.
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Jawbone is known for developing wireless headsets and music products. The company has announced today that they have acquired BodyMedia for $110 million, according to The New York Times. Based in Pittsburgh, BodyMedia sells wearable health-tracking sensors.
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Jawbone was initially known for developing high-end Bluetooth headsets and they have expanded further into developing active tracking products with a focus on health. To bolster their presence in the health market, Jawbone has acquired two companies: San Francisco startup Massive Health and Portland based design company Visere. Massive Health is known for designing the Eatery mobile application.
Jawbone, the company we wrote about yesterday for their new round of fundraising, has announced a new product called, quite simply, UP. It’s a bracelet that tracks everything you do, from eating to exercise to sleeping, and sends the information to a smartphone app so that you can use the data to be healthier. Gizmodo reports that the Up will connect with users’ phones via headphone jack.