Calm Mindfulness App Raises $27 Million In Investor Funding

On June 20, 2018, Calm announced that it has raised $27 million in a series A round of funding. Founded in 2012, Calm is the builder of a mindfulness app that aids in meditation for stress relief and wellbeing. Prior to the current funding, Calm had raised around $1.5 million in seed funding. The current round of funding was led by Insight Venture Partners, with participation from Ashton Kutcher’s Sound Ventures, and former One Direction singer Harry Styles. According to a Calm spokesperson, the company plans to increase its product's reach, but no details were given regarding . . .