Fitbit acquisition

By Aditi Pai 05:30 am March 31, 2015
San Francisco-based Fitbit acquired fitness coaching app developer, FitStar, for at least $17.8 million, according to an SEC filing. FitStar had previously raised $5 million from Advancit Capital, Google Ventures, Trinity Ventures, Floodgate, and Mesa Ventures, according to CrunchBase. In the filing, Fitbit selected "yes", when asked "Is this offering being made in connection with a business...