Source: BusinessLIVE
Calm is the number one, leading application for sleep and meditation that has recently known to double-down on its valuation at USD 2 billion by raising an additional USD 74 million funding in round led by Lightspeed Venture Partners.
The funding round also witnessed participation from existing investors including Salesforce CEO-Marc Benioff, Insight Partners and TPG (Texas Pacific Group).
The meditation and relaxation app company has raised total funding worth USD 218 million in 11 financing rounds. The latest funding received by the company was from its Series C funding round that concluded on 8th December 2020.
Calm has created a mental wellness mobile application to help its users relax and meditate.
Founded back in 2012 by Alex Tew and Michael Acton Smith, the company was launched with a mission to make the world a healthier and happy place by developing a range of digital and physical products that elevate…
