Stationary Bike Startup Peloton Expands Production And Distribution With $30M In New Funding
April 16, 2015 at 09:30 AM EDT
Peloton, the stationary bike startup with a built-in tablet for live streaming cycling classes, has raised $30 million in Series C funding in order to expand brick-and-mortar retail locations and accelerate bike production. Previous investor Tiger Global Management led the round, along with True Ventures. This now brings the total amount raised up to $44 million for the startup. Peloton… Read More