A piece of long-awaited good news for fitness wearable maker Jawbone -- $165 million in new equity funding -- came with two more pieces of bad news: a subsequent drop in valuation and the departure of its recently hired president Sameer Samat, who returned to Google. Re/Code broke the news.
The new funding is from the Kuwait Investment Authority (KIA), which means the funding comes directly from...
NantHealth raised $320 million in a round led by Kuwait Investment Authority (KIA) with participation from Verizon, Celgene, BlackBerry, and Blackstone. KIA contributed $250 million to the round, according to Nant. This brings the company's total funding to north of $400 million.
KIA also invested $100 million in NantHealth earlier this year -- in May. BlackBerry's investment in the company was...
NantHealth raised $135 million from three investors, according to an SEC filing. The amount almost certainly includes the $100 million NantHealth raised last month from the Kuwait Investment Authority (KIA), that country's sovereign investment fund, as well as the investment Blackberry contributed in April 2014. The SEC filing notes that there were three investors in the round. This latest round...
