Jawbone, maker of the popular Jambox speakers, Bluetooth headsets and UP fitness bracelets, has raised more than $100 million to meet strong consumer demand, according to a report.
Fortune reports that the company raised $93 million in debt financing plus $20 million in equity funding. The former, which includes $43 million from Silver Lake and Fortress Investment Group, was done via a specialized security created by J.P. Morgan Chase & Co. The other $50 million is an asset-based loan provided by J.P. Morgan and Wells Fargo. The company pursued debt financing instead of equity funding for the amount because it could be executed quicker, according to the report.
See also: How a Tech Hurdle Completely Changed Jawbone's Mission
Representatives from Jawbone could not be reached for comment.
The $93 million comes after Jawbone also raised $20 million in new equity funding from Andreesen Horowitz, Sequoia Capital, Kleiner Perkins and Khlosa Ventures, according to the report.
Jawbone's last funding announcement was for a $40 million round from Deutsche Telekom, Kleiner Perkins and private investor Yuri Milner in 2011.
Image: Jawbone
Good design breeds great productivity, say the creatives at Behance, who developed The Action Method. That's what sets this pad apart from a regular yellow legal notebook. The visual design reminds you to describe ideas in action steps rather than just jotting them down, in line with Behance's philosophy of "Making Ideas Happen."
Each device has a different form factor, and maintaining consistency takes the stress out of to-do lists and project management. Evernote is a clear winner. You can use it on your desktop or through a smartphone app -- but if you're on a shared computer, you can also sign in through a web browser.
The company has allowed the app to integrate with other tools through IFTTT, further reducing friction.
The built-in chat and real-time editing make Google Docs awesome for collaboration. Even if you're working on your own, it's great to have your documents stored in the cloud and accessible on any web-enabled device. Auto-save ensures that the most recently updated version of a document is always available.
Text docs are most popular, but don't forget that you can create a form and embed it on any site -- which is wonderful for getting feedback from users. The spreadsheet doc is great for a simple budget or keeping track of employee's contact information.
If getting a million emails asking for a high-res version of the company logo drives you crazy, Dropbox is the answer. Files can get lost in inboxes or just be too large to send via email; Dropbox is a perfect solution to keep track of various product design iterations and assets.
Dropbox for Teams allows you to give each member different permissions to collaborate effectively. You can even share large files with partners or the press even if they don't have Dropbox. Check out Dropbox's nifty calculator to see if Dropbox for Teams is a fit for you.
Despite the fancy social networks we see released each day, email is still one of the best ways to connect with customers. The sooner you begin collecting email addresses, the better -- and MailChimp's subscription forms are the way to do it.
MailChimp doesn't begin charging til after you hit 2,000 subscribers. Even if you're not sending out regular newsletters, it's helpful to build your list for when it is time for email outreach. Analytics on campaigns will tell you who opened your email, what they clicked on and more -- it's great feedback into how well you're communicating your product message.
Handwriting activates your brain differently than typing. That might have something to do with the genius breakthroughs that were first scribbled on a napkin.
Paper is an award-winning iPad app developed by FiftyThree that works as an art pad or a journal. It's great for documenting your life or just letting loose with some digital-style fingerpainting. Check out the company's Tumblr to see what people have created.
Uber is neither app nor traditional service, but blends the two. It's a car service with the kind of customer care that wouldn't be possible without mobile phones and GPS technology. It attracts high-end customers with sleek cars and is branded as a private driver rather than a cab service.
But, the convenience is what draws most people in. No money is exchanged with drivers because payments (and tip!) are taken care of on Uber's end. Pricing varies with time and distance, and once you've dropped a pin to request a car, phone notifications let you know how close your driver is. So even if you're standing in the rain, you don't feel totally left out in the cold.
Of all gadgets, the iPad is probably the most ubiquitous. It sort of works as a laptop replacement (but not if you do a lot of coding or design) and is also great for reading blogs or watching videos. Best of all, it's slim, which makes it a great companion for travel or conference-going.
Depending on your use case, there are plenty of accessories, like keyboards or a stylus, that make the iPad work better for you. Not to mention, most entrepreneurs make a habit of staying on top of the latest tech product releases -- and many these days are first released as an iPad app, so it helps to be able to experience these products first-hand.
When you're hopping on and off planes and trains to meet with venture capital firms, you have to travel light. Luckily, a PSP can go everywhere with you. It's great for both business trips and just taking a break. Because sometimes you need to escape for a little bit to rejuvenate your thought process.
IdeaPaint is trendy, and for good reason. It turns any surface into a white board. Depending on the size wall you decide to transform, you get quite a bit of space to draw or mock up ideas. Not surprisingly, this makes the process more collaborative. Plus, IdeaPaint is cost-effective, compared to purchasing whiteboards for the office or home.
The company recently launched a transparent version, which means you can make a dry erase wall without compromising on colors.