Lumo Raises $10 Million Series B, Starts Building Wearables Partnerships

XbIzBZxXzTi8CPzB060y7w2VJLeddY2hlfN9uip-eAQ Right off the launch of Lumo Run, Lumo Bodytech, a smart sensors and software platform, has raised $10 million in Series B financing. Lumo came onto the scene a few years back with Lumo Lift, a wearable device that buzzed users when they slouched to help them improve posture. It since branched out with Lumo Back, for lower back posture improvement. The startup launched its first fitness… Read More

Runtastic Acquired By Adidas For $240M

Adidas-Spring-Blade-Performance-Running-Shoe-1 Long time fitness app maker Runtastic has been acquired by sportswear brand adidas Group. The news was announced today in a blog post. The deal values Runtastic at €220 million ($240M). The transaction was signed and closed today. Read More

Runtastic Acquired By Adidas For $240M

Adidas-Spring-Blade-Performance-Running-Shoe-1 Long time fitness app maker Runtastic has been acquired by sportswear brand adidas Group. The news was announced today in a blog post. The deal values Runtastic at €220 million ($240M). The transaction was signed and closed today. Read More