Big money continues to flow into health-tracking startups.
Fitbit, which produces wearable fitness trackers, revealed in an SEC filing on Tuesday that it has raised a new $43 million round of funding, after having previously raised $23 million.
The funding was reportedly led by Softbank Capital with participation from Qualcomm, SAP Ventures and others. Fitbit did not immediately respond to our request for comment.
UPDATE: Fitbit has confirmed the funding round and participants to Mashable.
“We’re excited to continue expanding our team with world-class talent and partners that will help us create the most advanced digital health products and experiences,” James Park, CEO and co-founder of Fitbit, said in a statement.
The latest funding round comes just one day after MyFitnessPal, a mobile health service that works with Fitbit, announced raising $18 million. Jawbone, one of Fitbit's main competitors, has raised more than $150 million to date.
Fitbit sells several fitness devices, including the popular Fitbit Flex wristband as well as the Fitbit One and Fitbit Zip, which also track one's activity.