Lumo is a platform for better health and living, whether that's at home, in the office or at the gym." People are looking for technology to support positive, proactive behavior change through advanced insights including real-time feedback and coaching. Ge Li, CEO of WuXi AppTec states, "Wearables technology will fundamentally change the traditional healthcare industry and address a number of previously unmet wellness needs. The successful development of its previous products has helped Lumo Bodytech to develop significant technology and design innovations in the areas of connected hardware, software, advanced algorithms, and biomechanical applications. The announcement of Lumo's new financing and the release of its platform come on the heels of the successful launch of the Lumo Run smart shorts and the ongoing commercial success of its Lumo Lift posture sensors used by consumers and corporate wellness programs. "With the support of our new investors including WuXi, a leader in research and development in healthcare applications, we can deliver a wearables platform that will ultimately help people address significant health, wellness and performance issues." "We're now entering the next phase of the wearables industry, one where companies like Lumo harness lab-quality data and real-time coaching to solve meaningful health problems and support behavior change," said Lumo Bodytech CEO and co-founder Monisha Perkash. The Lumo Platform will be available to partners in the apparel, fitness, health, and workplace safety industries who seek to incorporate real-time motion tracking into their product offerings. The Lumo Bodytech Biomechanics Wearables platform is a combination of hardware, software, and data that will enable companies to integrate human body movements into the next generation of wearables technology. PALO ALTO, CA -(Marketwired - November 03, 2015) - Lumo Bodytech, the makers of the Lumo Lift posture coach and Lumo Run smart shorts, announced today that is has raised $10 million in Series B funding to launch the first wearables biomechanics platform.
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