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CONSUMER PRODUCTS & SERVICES | Consumer Electronics
jiobit.com

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Founded Year

2016

Stage

Acquired | Acquired

Total Raised

$17.96M

Valuation

$0000 

Revenue

$0000 

About Jiobit

Jiobit provides a mobile app and wearable device that blends into everyday clothing, delivering over a week of battery life to keep parents and kids connected through a wireless subscription service featuring cloud monitoring and notification tools. Jio is giving parents peace of mind by creating a wearable device so discreet it can easily be embedded into small children's clothing to provide comprehensive monitoring and notification capabilities.On April 27th, 2021, Jiobit was acquired by Life360 at an approximate valuation of $37M.

Jiobit Headquarter Location

351 West Hubbard Street Suite 400

Chicago, Illinois, 60654,

United States

815-546-6629

Latest Jiobit News

Analysts name 2 stellar ASX growth shares to buy right now

Nov 15, 2021

Here are two ASX growth shares that are rated highly… James Mickleboro has been a Motley Fool contributor since late 2015. After studying economics at university back home in the United Kingdom, James came to live in Australia and managed to land a job at an Australian fund manager. This was the start of a love affair with Australian equities and he hasn't looked back since. James is part of the CFA Institute's Chartered Financial Analyst program and hopes it teaches him how to become an astute investor which allows him to help others with their own investing. Outside of reading and researching he spends many a late night watching the English Premier League and Seinfeld reruns. You can see James' holdings here . Latest posts by James Mickleboro ( see all ) Image source: Getty Images Are you interested in adding some ASX growth shares to your portfolio this month? If you are, you may want to look at the two listed below that have recently been named as buys. Here’s what you need to know about these ASX shares: The first ASX growth share to look at is Breville. It is the leading appliance manufacturer behind the Sage, Kambrook, Baratza, and Breville brands. Thanks partly to its investment in product development, Breville’s brands have been resonating extremely well with consumers for many years. This has been underpinning solid sales, earnings, and dividend growth. Positively, this solid form looks set to continue due to the strength of its product portfolio, favourable trading conditions, and its ongoing global expansion. Morgans is a big fan of Breville. The broker currently has an add rating and $34.00 price target on its shares. Another quality ASX growth share to look at is Life360. It is the growing technology company behind the Life360 mobile app. This market leading app is for families and offers useful features such as communications, driver safety, and location sharing. The popularity of the app continues to increase, with Life360 adding a further 1.5 million monthly active users (MAU) during  the third quarter . This brought the total MAU to 33.8 million and underpinned a 48% year on year increase in Annualised Monthly Revenue (AMR) to US$120.1 million (excluding acquisitions). Speaking of acquisitions, Life360 recently acquired wearables company Jiobit for up to US$54.5 million. Jiobit’s solution combines a discreet wearable called the Jiobit Location Monitor, with mobile-based software services, combined with patented location technology. This provides location monitoring and smart notification services for younger children, pets, seniors, and any loved one prone to wander. Management expects the acquisition of Jiobit to allow Life360 to tap into two fast growing markets: the multi-billion pet supplies and services and elder care markets. The team at Bell Potter is very positive on Life360. This week the broker retained its buy rating and lifted its price target to $14.75. Wondering where you should invest $1,000 right now? When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more. * Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

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The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Jiobit

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Jiobit is included in 4 Expert Collections, including Wearable Computing.

W

Wearable Computing

380 items

Wearable computing is broadly defined as companies developing devices worn or placed on the body that are equipped with technology, which can range from wearable medical devices to AR/VR headsets to GPS pet collars.

B

Baby and Kids Tech

1,242 items

Companies developing tech-enabled products and services that primarily serve babies, children up to approximately 12 years old, and their parents.

I

Internet of Things ( IoT )

3,149 items

S

Smart Home & Consumer Electronics

1,085 items

This Collection includes companies developing smart home devices, wearables, home electronics, and other consumer electronics.

Jiobit Patents

Jiobit has filed 7 patents.

The 3 most popular patent topics include:

  • Geolocation
  • Global Positioning System
  • Wireless locating
patents chart

Application Date

Grant Date

Title

Related Topics

Status

10/2/2019

9/29/2020

Wireless locating, Geolocation, Global Positioning System, Wireless networking, Tracking

Grant

Application Date

10/2/2019

Grant Date

9/29/2020

Title

Related Topics

Wireless locating, Geolocation, Global Positioning System, Wireless networking, Tracking

Status

Grant

Jiobit Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Jiobit Rank

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