Expresso Fitness Gets $6M

Sunnyvale-based Expresso Fitness, which develops internet-connected, cardio fitness systems, said earlier this week that it has raised $6M in a Series D financing round. The round came from Sierra Ventures, Physic Ventures, and Enterprise Partners Venture Capital. According to the firm, the new funding will go to enhance its cardio fitness systems, plus go towards expanded sales efforts and marketing. As part of the funding, David Grenewetzki has been named CEO and president of the firm. More information »