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Jawbone Raises $165M At Half Its Last Valuation
Jawbone, the once-hot wearable technology start-up, said on Friday that it had raised $165 million in funding at a valuation of $1.5 billion, or roughly half the amount that the company was valued at as recently as 2014, continuing a burgeoning trend of start-ups raising money at lower values than before. Full investment news article
San Diego’s MindTouch Raises $12M In Venture Capital
Founded in 2005 by Steve Bjorg and Aaron Fulkerson, MindTouch previously had not taken venture capital. It bootstrapped its way to profitability, said Fulkerson in a blog post. Full investment news article