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THE FITBIT BLOG

Fitbit is funded

| 4 Comments

I’m excited to announce that Fitbit just closed a $2MM round of financing from True Ventures. This money will allow us to grow our team slightly, ramp up manufacturing and start shipping Fitbits in high volume early next year.

4 Responses leave one →
  1. Steven Radney permalink
    January 21, 2009

    James,

    Congrats. I have a question about your funding activities. I’m an entrepreneur in Pittsburgh, where start-ups are generally rounded up and passed through economic development organizations who will “invest” several hundred thousand, then prep you for a date with an angel event (where they convert the investment…read, laon…into equity). From there you move into VC. Is this the general funding experience you have seen?

    Thank you in advance for your time,

    Cheers

    Deciding whether or not to stay in Pittsburgh.

  2. Cynthia Berrett permalink
    February 12, 2009

    I’m really anxious to receive my fit bit. I ordered it in November. When do you anticipate on mailing it? Thanks

  3. sandi buse permalink
    May 5, 2009

    will this item ever make it to the consumer? I am beginning to lose faith. Sport brain got to expensive to use so hoping you can do better. Hurry please!!!

  4. Jessica permalink
    May 29, 2009

    Are you now or will you soon be a publicly traded company?

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