After burning through $1 billion, Jawbones Hosain Rahman has raised $65 million more

May 16, 2019

Not everyone gets a second chance in Silicon Valley. Entrepreneur Hosain Rahman has been given many more than that. Though his last company, Jawbone, which produced wireless speakers and Bluetooth earpieces, went kaput in 2017 after burning up $1 billion in venture funding over the course of 10 years, Rahman has managed to raise $65.4 million for his new company. So shows a new SEC filing that, coincidentally or otherwise,…

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Jawbone is being liquidated as its CEO launches a related health startup

July 7, 2017

The slow and painful demise of Jawbone is finally coming to an end, as yet another effort to rejuvenate the business is beginning under a familiar name. After a multi-year struggle to maintain relevance in the consumer wearable market, Jawbone is now liquidating and thanks to an injection of capital from a new, unnamed investor, some of the driving forces behind the original company are forming a new business called…

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