Wearable device vendors shipped 78.1 million units this year, more than double last year’s total, which was 28.8 units, according to IDC.
Fitbit’s shipments in 2015 reached 21 million units and accounted for 26.9 percent market share. Devices from two other wearable device vendors, Xiaomi and Apple, account for about 15 percent market share each. Xiaomi shipped 12 million units and Apple shipped...
Just days before its expected IPO, San Francisco-based Fitbit disclosed in another amended SEC filing that it will increase the price of its shares to between $17 to $19, which would see the company itself raising up to $425 million in its IPO. Its current stockholders would stand to make $230 million if it is priced at the high end of its range -- for a total IPO worth upwards of $655 million....
Fitbit Surge
San Francisco-based Fitbit disclosed in an amended SEC filing that it plans to price its shares between $14 to $16 and raise up to $358 million in its imminent IPO. Fitbit will debut as “FIT” on the New York Stock Exchange.
The company's directors, executive officers, and significant stockholders will hold around 51.9 percent of Fitbit's capital stock. Fitbit will sell 22.4...
Plantation, Florida-based CarePredict has raised $1 million for an aging in place technology service that helps caregivers keep tabs on the wellbeing of older family members. The partial round of funding was disclosed recently in an SEC filing.
CarePredict has developed a wristworn device, called Tempo, that tracks a senior's behavior and sends this data wirelessly t0 a rhythm journal. Tempo...
Jawbone has announced that they will start shipping their newest activity tracking device, the UP3, to all US customers who preordered the device when it was announced, on April 20th. It also announced that it couldn't get the waterproofing right, so the device won't be for use by swimmers as originally intended.
Jawbone first announced the UP3, a more advanced activity tracking device, along...
Whoop CEO Will Ahmed
Boston-based startup Whoop raised $6 million to build out its continuous heartrate-sensing wristworn activity tracker, according to an SEC filing. This brings the company's total announced funding to $9.6 million to date.
In the most recent filing, Atlas Venture Partner Jeff Fagnan was listed as an investor, he's also an investor in Streetwise Media, which first broke the...
Withings has joined the growing number of companies focusing on style above all else when it comes to wearable devices. The digital health device maker announced a new wristworn activity tracker, called Withings Activite, that looks similar to a regular analog watch.
This fall Activite will be available with a black or silver face for $390 in stores and on Withings' website.
The watch, designed...
