Meditation app Headspace reels in $34 mln

Celebrity investors Jared Leto, Ryan Seacrest, Jessica Alba and her husband Cash Warren are some of the few people and firms that invested $34 million in Venice, Calif.-based Headspace, which provides a meditation app and is looking to expand its content. The Chernin Group led the funding round, which included Advancit Capital, Allen & Company, Breyer Capital, Broadway Video Ventures, Deerfield Management, Freelands Ventures and William Morris Endeavor as well as various individual investors, including LinkedIn CEO Jeff Weiner. Headspace, which also has a London office, raised the funding from 31 investors, according to a regulatory filing.

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