Expresso Fitness raises $12,000,000

Expresso Fitness, the leading developer and supplier of interactive, Web-enabled cardio fitness systems for the commercial health club market, announced today that it has raised $12M in a Series C-2 round of funding.  The Expresso Upright Bike, and the new Expresso Recumbent Bike, continues to captivate the commercial fitness industry and its membership. Exercisers can ride over 30 interactive courses, including off-road games, compete and win prizes in ongoing contests and events, and log on to expresso.net to view their fitness results and track their progress. The Company’s virtual-reality based routes bring the excitement of biking outdoors to indoor fitness facilities, and its personalization tools help members stay involved and motivated. As a result, riders of Internet-connected Expresso Bikes have logged over ten million miles and burned almost 350 million calories to date.