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Its previous valuation was about billion, and it raised a total of about

Its previous valuation was about $3 billion, and it raised a total of about $1 billion over the years." data-reactid="28"Jawbone was in the process of making a shift to making "clinical-grade" wearable devices that could measure vitals like blood pressure, but the company was having trouble getting the device to work properly, sources told Business Insider.It's unclear if Jawbone Health Hub will continue work on the device.Jawbone founder and CEO Hosain Rahman has started a new company called Jawbone Health Hub, which will work on medical software and hardware.The company has raised money for the new venture, but it's unclear how much, the source said.Despite shuttering the business, Jawbone believes it is still worth a significant amount of money due to its pending litigation with rival Fitbit, according to the source. As for Fitbit, its stock is trading at 52-week lows." data-reactid="25"Jawbone, which was once valued as high as $3 billion by private market investors, is the latest pioneer of wearable electronics to throw in the towel.Last year, smartwatch maker Pebble sold its assets to Fitbit in a fire sale.

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Its previous valuation was about $3 billion, and it raised a total of about $1 billion over the years." data-reactid="28"Jawbone was in the process of making a shift to making "clinical-grade" wearable devices that could measure vitals like blood pressure, but the company was having trouble getting the device to work properly, sources told Business Insider.

It's unclear if Jawbone Health Hub will continue work on the device.

Jawbone founder and CEO Hosain Rahman has started a new company called Jawbone Health Hub, which will work on medical software and hardware.

The company has raised money for the new venture, but it's unclear how much, the source said.

Despite shuttering the business, Jawbone believes it is still worth a significant amount of money due to its pending litigation with rival Fitbit, according to the source. As for Fitbit, its stock is trading at 52-week lows." data-reactid="25"Jawbone, which was once valued as high as $3 billion by private market investors, is the latest pioneer of wearable electronics to throw in the towel.

Last year, smartwatch maker Pebble sold its assets to Fitbit in a fire sale.

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co.

billion over the years." data-reactid="28"Jawbone was in the process of making a shift to making "clinical-grade" wearable devices that could measure vitals like blood pressure, but the company was having trouble getting the device to work properly, sources told Business Insider.It's unclear if Jawbone Health Hub will continue work on the device.Jawbone founder and CEO Hosain Rahman has started a new company called Jawbone Health Hub, which will work on medical software and hardware.The company has raised money for the new venture, but it's unclear how much, the source said.Despite shuttering the business, Jawbone believes it is still worth a significant amount of money due to its pending litigation with rival Fitbit, according to the source. As for Fitbit, its stock is trading at 52-week lows." data-reactid="25"Jawbone, which was once valued as high as billion by private market investors, is the latest pioneer of wearable electronics to throw in the towel.Last year, smartwatch maker Pebble sold its assets to Fitbit in a fire sale.

Selling federal assets to the non-profit sector would also improve economic efficiency.

As for Fitbit, its stock is trading at 52-week lows.first to report the news of Jawbone's liquidation.

A Jawbone spokesperson declined to comment." data-reactid="26"The Information was the first to report the news of Jawbone's liquidation.

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