Lumo
In advance of the start of the holiday shopping season, Argus Insights has released a report on consumer perception and demand for wearables, based on the research firm's analysis of 6,000 global reviews and social media conversations.
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.