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Lumos Labs (developer of lumosity.com) raises $31.5 million

Lumos Labs Raises $31.5 mil­lion (press release): “Lumos­ity has raised $31.5 mil­lion in Series D financ­ing led by pub­licly traded Dis­cov­ery Com­mu­ni­ca­tions. Exist­ing investors First­Mark Cap­i­tal, Har­ri­son Metal, Menlo Ven­tures and Nor­west Ven­ture Part­ners also con­tributed. Lumos­ity, which makes online and mobile learn­ing pro­grams, has received a total of over $70 mil­lion in fund­ing to date…“As Dis­cov­ery focuses its dig­i­tal strat­egy around strength­en­ing its posi­tion as the #1 non­fic­tion media com­pany across all screens, we also see strate­gic growth oppor­tu­ni­ties in select invest­ments in the next gen­er­a­tion knowl­edge space,” said JB Per­rette, Chief Dig­i­tal Offi­cer, Dis­cov­ery Com­mu­ni­ca­tions. “Discovery’s com­mit­ment to ignit­ing people’s curios­ity and pas­sion for learn­ing is a nat­ural fit with Lumosity’s suc­cess in brain train­ing. We are proud to take the lead­er­ship posi­tion in this round of financ­ing and look for­ward to sup­port­ing Lumosity’s expan­sion around the world.”

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