Jawbone, a US-based maker of audio devices and wearable technology backed by corporate venturing unit T-Venture, has acquired two peers, Visere and Massive Health, for undisclosed amounts.
Visere is a digital design firm, while Massive Health created an iPhone app for improving eating habits seeded with $2.25m in 2011 by venture capital firms Andreessen Horowitz, Charles River Ventures, Greylock Partners, Mohr Davidow Ventures and Felicis Ventures.
Andreessen Horowitz had invested $49m in Jawbone in 2011 and the company has raised nearly $210m in aggregate since its launch in 1999.
In December 2011, Germany-based telecoms company Deutsche Telekom through its corporate venturing unit T-Venture helped Jawbone raise $40m.
Venture capital (VC) firms Kleiner Perkins Caufield & Byers, Andreessen Horowitz, Khosla Ventures and Sequoia Capital, angel investor Yuri Milner and investors advised by investment bank JP Morgan’s asset management division also participated in Jawbone’s round.
Jawbone had raised $159m in 2011, including $70m from JP Morgan’s investors, according to news provider TMCnet. Founded in 1999, Jawbone has raised $210m in aggregate.