Palo Alto, California-based Lumo Body Tech, makers of the Lumoback posture and activity tracking device, announced plans this week to crowdfund its next generation wearable, Lumo Lift. Lift is considerably smaller than its predecessor, and instead of taking the form factor of a belt, the new device uses a magnetic clasp to clip to the wearer's clothing.
"We learned that many of our existing...
Lumo Body Tech, the company that makes the Lumoback posture sensor has raised $5 million in its first round of funding, with Madrona Venture Group leading the round. Also contributing were Yahoo co-founder and former CEO Jerry Yang and Innovation Endeavors, Google chairman Eric Schmidt's investment fund, which also contributed to Lumo's $1.1 million seed round April. With the $200,000 from their...
The DEMO conference in California last week featured three mHealth startups, according to a report from PC World.
First off is Lumoback, a system that aims to correct poor posture using a wearable patch, which measures about two inches long and is powered by a lithium-ion battery. The user wears it on the lower back. The sensor transmits posture data via Bluetooth to a smartphone app on the user'...
