Palo Alto, California-based Lumo Bodytech, which offers posture and activity tracking devices, has raised $10 million in a round led by WuXi Healthcare Ventures with participation from existing investors Madrona Venture Group, Innovation Endeavors, AME Cloud Ventures, and Innovalue Capital.
This brings the company's total funding to at least $16 million. Lumo has also raised around $2 million...
Early next year Lumo Bodytech, the company behind the Lumo Lift and Lumoback posture and activity tracking devices, will launch a new wearable, Lumo Run, a pair of running shorts or capris with a sensor embedded into the waistband to track runner-specific health metrics like cadence, bounce, ground contact time, braking, stride length, and pelvic rotation.
Lumo Run also tracks distance, time,...