IPOs for wearable tech companies?
According to AllThingsD, Fitbit has raised a further $43m in a fourth round of funding. The privately-held company hasn’t gone public on what it will spend the money on – but “our founders, Eric and James”, are no doubt putting the finishing touches to their next step in their plan for world domination.
Interesting to note that the early leaders in wearable tech, namely Fitbit, Jawbone and Pebble, are all privately-held. I’m wondering who will be first in the race to their IPO.