Headspace Gets $34M For Meditation App

Venice, California-based Headspace, the developer of a mobile app that helps people meditate, has raised $34M in a funding round, the company disclosed over the last few days. The funding came from The Chernin Group, and also included Advancit Capital, Allen & Co., Breyer Capital, Broadway Video Ventures, Deerfield Management, Freelands Ventures, and William Morris Endeavor, along with celebrities Jessica Alba, Cash Warren, Jared Leto, and Ryan Seacrest. LinkedIn CEO Jeff Weiner also participated in the funding. Headspace is led by Sean Brecker. More information »