Calm, an app that aims to help users relax and meditate, raised $88 million in a second funding round, CNBC reports. Calm has now raised $116 million, and is currently valued at $1 billion.

The Calm app bought some prime advertising space on election night. It bought ad blocks on CNN, ABC, and Comedy Central to give viewers "30 seconds of silence." "I give this campaign an A+," said ...