Tech Company Financing Transactions
Misfit Wearables Funding Round
Misfit Wearables closed a $40 million Series C funding round on 12/3/2014. Investors included GGV Capital, Founders Fund and Horizons Ventures.
Transaction Overview
Company Name
Announced On
12/3/2014
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series C
Investors
GGV Capital (Lead Investor) (Hans Tung)
Founders Fund (Brian Singerman)
Norwest Venture Partners (Casper de Clercq)
Proceeds Purpose
With the new funding round comes a new partnership with Xiaomi and with JD.com, which Misfit Wearables describes as the "Amazon of China." Misfit's Shine wearable device is already available on JD.com.
Company Information
Company Status
Acquired or Merged
Industry
Electronics
Mailing Address
839 Mitten Road
Burlingame, CA 94010
USA
Burlingame, CA 94010
USA
Phone
Undisclosed
Website
Email Address
Overview
We are developing highly wearable sensor products and services for wellness and medical applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sonny Vu
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