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Peloton Picks Up Series B Venture Capital

Monday, April 28, 2014 5:53:00 AM PDT | VentureDeal
   New York, New York  --  Consumer technology company Peloton has garnered $10.5 million in its second round of venture capital financing.

Peloton has created a "designer indoor cycle" and related interactive live and on-demand classes.

Tiger Global Management led the round, which included other undisclosed investors.

Peloton said it would use the funding to scale its operations.

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