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Yuri Milner, Kleiner Perkins, Deutsche Telekom Invest In Jawbone

By TechTaffy Desk

 

By Sudarshana Banerjee

Jawbone, maker of devices for the mobile lifestyle, has received a combined $40 million in funding from Deutsche Telekom, Kleiner Perkins Caufield & Byers, private investor Yuri Milner, and investors advised by J.P. Morgan Asset Management.

Hosain Rahman (CEO, Jawbone): We are experiencing fantastic growth and the worldwide demand for our mobile lifestyle products and services is unprecedented.

The new capital brings Jawbone’s funding from investors to date close to $210 million, and will allow the company to broaden its end-to-end offerings and its global footprint.

Deutsche Telekom, with its presence in over 50 countries worldwide, is Jawbone’s key strategic and lead carrier partner for Jawbone’s European expansion.

The new backers join Jawbone’s existing investors: Andreessen Horowitz, Khosla Ventures, Sequoia Capital, and investors advised by J.P. Morgan Asset Management.

Jawbone is privately-held and headquartered in San Francisco.

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