Wearables maker Jawbone is refocusing its business towards the B2B market after poor sales of its consumer-focused fitness trackers. The company is preparing to launch a health product and related services aimed at clinicians. The company is trying to raise more money after burning through most of the $951m it has received from investors that include Khosla, Sequoia, Kleiner Perkins, JP Morgan, Mayfield and Andreessen Horowitz.
Wearables maker Jawbone is refocusing its business towards the B2B market after poor sales of its consumer-focused fitness trackers. The company is preparing to launch a health product and related services aimed at clinicians. The company is trying to raise more money after burning through most of the $951m it has received from investors that include Andreessen Horowitz, Sequoia, Kleiner Perkins, JP Morgan, Mayfield and Khosla.