Tech Company Financing Transactions
Fitbit Funding Round
On 10/10/2008, Fitbit raised $2 million in investment from True Ventures and Uncork Capital.
Transaction Overview
Company Name
Announced On
10/10/2008
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Undisclosed
Investors
True Ventures (Lead Investor) (Jon Callaghan)
Uncork Capital (Jeffrey Clavier)
Proceeds Purpose
Fitbit will use the infusion of capital to move forward with the consumer launch of its Fitbit Tracker health and wellness monitoring device and Fitbit.com Website. Both are set for release in early 2009. This finance round will also accelerate the development of new products and service offerings.
Company Information
Company Status
Acquired or Merged
Industry
Mobile
Mailing Address
199 Fremont St. 14th Floor
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Website
Email Address
Overview
Find your fit with Fitbit's family of fitness products that help you stay motivated and improve your health by tracking your activity, exercise, food, weight and sleep.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
James Park
Chief Financial Officer
Bill Zerella
Chief Marketing Officer
Tim Rosa
Chief Technical Officer
Eric Friedman
General Manager
Amy McDonough
VP - Bus. Development
Miko Gellerman
VP - Finance
David Quong
VP - General Counsel
Andy Missan
VP - Product Management
Lindsay Cook
VP - R & D
Shelten Yuen
Browse more venture capital transactions:
Prev: 10/10/2008: GetGlue venture capital transaction
Next: 10/10/2008: Standard Solar venture capital transaction
Share this article
Where The Data Comes From
We record all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs