Misfit (company)

Misfit, Inc.
Company typeSubsidiary
IndustryConsumer electronics
FoundedOctober 14, 2011; 13 years ago (2011-10-14)
Founder
Number of locations
3
Key people
Products
ParentFossil Group
Websitemisfit.com

Misfit, Inc. was a Redwood City, California-based[1] consumer electronics company founded on 14 October 2011 by Sonny Vu, Sridhar Iyengar and John Sculley.[2][1] It specialized in wearable technology that utilizes sensors and home automation products.[3][4][5] Misfit's wearable activity trackers and count sleep, calories, and basic steps that can be synced to a mobile app on a compatible smartphone.[6][7][8] Vu and Iyengar previously co-founded AgaMatrix, a company that made the iBGStar, the first FDA approved Smartphone medical device.[3][9][10]

In November 2015, Misfit was acquired for $260 million by Fossil Group.[11]

  1. ^ a b Chris O'Brien (8 January 2014). "CES 2014: Hardware start-ups are big at Consumer Electronics Show". LA Times. Retrieved 5 June 2014.
  2. ^ Kim-Mai Cutler (4 December 2013). "Misfit Raises $15.2M From Li Ka-shing's Horizons Ventures For Its Activity Tracker, The Shine". TechCrunch. Retrieved 5 June 2014.
  3. ^ a b Brian Dolan (28 April 2012). "AgaMatrix founders' Misfit Wearables raises $7.6 million". Mobi Health News. Retrieved 5 June 2014.
  4. ^ Dan Munro (14 November 2012). "Misfit Adds Shine To Wearable Health". Forbes. Retrieved 5 June 2014.
  5. ^ Samuel Gibbs (5 November 2013). "Misfit Shine fitness tracker review: small and perfectly formed". The Guardian. Retrieved 5 June 2014.
  6. ^ Liz Gannes (4 December 2013). "Misfit Wearables Raises $15.2M on Back of Shine, Even as Founder Dismisses Activity Trackers". All Things D. Retrieved 5 June 2014.
  7. ^ Kim-Mai Cutler (2 December 2013). "Misfit Wearables Finally Launches An Android App For Its Activity Tracker, The Shine". TechCrunch. Retrieved 5 June 2014.
  8. ^ Zach Rosenberg (27 February 2014). "What's the Secret to Making Wearables That People Actually Want?". Wired. Retrieved 5 June 2014.
  9. ^ "Misfit Shine: an elegant, wireless activity tracker". Indie GoGo. Retrieved 5 June 2014.
  10. ^ Kim-Mai Cutler (27 April 2012). "Misfit Wearables, The Startup From Agamatrix's Founders, Former Apple CEO John Sculley, Raises $7.6M". TechCrunch. Retrieved 5 June 2014.
  11. ^ Rao, Leena (12 November 2015). "Fossil Just Bought This Wearable Tech Company". Fortune. Retrieved 10 February 2016.