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Lumos Labs raises $32.5m: Largest Cognitive/ Brain Fitness Investment so far

Lumos Labs, the com­pa­ny behind lumosity.com, has raised $32.5 mil­lion dol­lars in a Series C round from Men­lo Ven­tures, First­Mark Cap­i­tal, Har­ri­son Met­al and Nor­west Ven­ture Part­ners.

In our 2010 mar­ket report Lumos Labs came up as one of the cat­e­go­ry Lead­ers giv­en its mar­ket and research momen­tum (not easy for a start­up to get clear momen­tum in either of those dimen­sions, much less in both of them), so our con­grat­u­la­tions to them for now adding such invest­ment trac­tion.

This is the largest round of fund­ing so far in the cog­ni­tive fit­ness space so far, and should con­tribute to the matu­ri­ty of the field as well as to more inno­va­tion and R&D.

Descrip­tion: Lumos Labs is a cog­ni­tive neu­ro­science research and devel­op­ment com­pany that builds soft­ware tools for improv­ing brain health and per­for­mance. Lumosity.com is the first gen­eral brain fit­ness pro­gram from Lumos Labs. Spe­cial­ized in cre­at­ing inno­v­a­tive appli­ca­tions of the lat­est devel­op­ments in brain sci­ence in order to help peo­ple lead bet­ter lives, Lumos Labs has been con­sis­tently focused on research­ing and devel­op­ing effec­tive cog­ni­tive train­ing appli­ca­tions, includ­ing work­ing close­ly with a Sci­en­tific Advi­sory Board of lead­ing researchers from insti­tu­tions such as Stan­ford and UCSF.

In relat­ed news, Mar­bles: The Brain Store (anoth­er com­pa­ny fea­tured in our 2010 report giv­en its inno­v­a­tive ser­vice-ori­ent­ed mod­el) announced a cou­ple of weeks ago a $5.5 mil­lion round to con­tin­ue its retail expan­sion. Con­grat­u­la­tions to them too.

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As seen in The New York Times, The Wall Street Journal, BBC News, CNN, Reuters,  SharpBrains is an independent market research firm tracking how brain science can improve our health and our lives.

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