Zwift, a Long Beach, Calif.-based developer of an indoor cycling social game, raised $27m in Series A funding.
The round was led by Novator Partners with participation from Shasta Ventures, Waypoint, Samchuly, Max Levchin and other angels.
The company intends to use the funds to continue to develop the platform and expand operations.
Led by Eric Min, Alarik Myrin, Jon Mayfield, and Scott Barger, Zwift provides an interactive indoor cycling digital simulator which connects a community of riders from over 150 countries. The game features automatic ERG resistance control to enable structured training tailored for all abilities from beginner to pro.