The smart gym equipment producer doubled its total funding to $90m following a round that included the CAA-backed Evolution Media.
US-based smart home fitness technology provider Tonal has raised $45m in a series C round featuring Evolution Media, the joint venture between talent agency Creative Artists Agency and growth equity fund TPG Growth.
Private equity firm L Catterton led the round, which included venture capital firms Shasta Ventures, Sapphire Ventures and Mayfield Fund, and Serena Ventures, the VC vehicle for tennis professional Serena Williams. It increased the company’s overall funding to $90m, it said.
Founded in 2015, Tonal has developed…
