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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