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Lumoback team raise $5M funding: Whats next for the body sensor company?

Lumoback team raise $5M funding: Whats next for the body sensor company?

The company behind Lumoback, a clever gadget and app that ensures you’re not slouching and ruining your back, has received more than $5 million in its first round of funding with contributions from Yahoo co-founder and former CEO Jerry Yang and Innovation Endeavors, Google chairman Eric Schmidt’s investment fund. According to Mobile Health News, the company will be using the extra cash for marketing, product development and engineering. The health and fitness tech market is becoming quickly saturated … Read entire article »

Filed under: Fitness Gadgets, Health Gadgets, Mobile Phone Apps