Sharp Brains: Brain Fitness and Cognitive Health News

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Lumos Labs (developer of 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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