Venice, CA-based Headspace has raised $34 million for its meditation app/service made to help users with stress, focus, and anxiety, according to an SEC filing.

The Chernin Group led the round, with participation from Advancit Capital, Allen & Company, Breyer Capital, Broadway Video Ventures, Deerfield Management, Freelands Ventures, and William Morris Endeavor as well as celebrities such as Jessica Alba, Cash Warren, Jared Leto, Ryan Seacrest, and LinkedIn CEO Jeff Weiner.

“Our goal is to help people prioritize the health of their minds by taking proactive steps for a healthier, happier life. Mental health disorders are a global issue that need to be addressed through innovation, technology, and funding,” Headspace CEO Sean Brecker told The Wrap.

Available as a web and mobile app, Headspace relies on guided practices to help people learn to meditate. Users are able to choose from a variety of meditation sessions that fit their mood and lifestyle. The app will also track users’ progress in the program and unlock rewards as they log more sessions…

[Via: mobihealthnews]