Stationary Bike Startup Peloton Expands Production And Distribution With $30M In New Funding

76vGcuA-7ihNGMAObG7pwXp6RGksv86REYOQCKRhK-A,FOi9OtwPKvxUTgijOu0rCjHTu7C7b5cqAYAnHuYmKJg,vJpdIC-Z0p62BP51_4lit6KQHEQfgM3AFMtnfNY5H-w 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.
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