Misfit Raises $40M From Xiaomi And Others As It Eyes More Growth In China

 Wearable device maker and health and fitness platform provider Misfit has raised an additional $40 million in a Series C funding round led by GGV Capital, and including Xiao, JD.com (online retailer with massive reach), Shunwei and existing investors, including Horizons Ventures, Khosla Ventures, Founders Fund and Northwest Venture Partners. The new funding brings Xiaomi and JD.com on board… Read More