LifeBEAM Closes $16M Funding Round

LifeBEAM-LogoLifeBEAM, a New York City-based provider of a wearable technology platform, closed a $16m funding round.

The round was led by Squarepeg Capital with participation from Wellborn VC, Cerca Partners, Atomic14 VC, Triventures VC and a number of angel investors.

The company intends to use the funds to expand in the the wearables category with starting its Awareables™.

Led by Omri Yoffe, Co-Founder & CEO, LifeBEAM is advancing Awareable, which integrates accurate biometrics and a personal training agent, giving consumers an intelligent and interactive training experience for fitness and everyday well-being.

The company, which has R&D centers in Israel, Los Angeles and Asia, is to launch Awareable™ this spring on Kickstarter.



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