Netpulse Completes $3.1 Million Series A Funding

* Reuters is not responsible for the content in this press release.

Tue Oct 27, 2009 8:34am EDT

Interactive Media Platform Provides Media Companies, Advertisers with Ability to
Entertain, Create One-to-One Relationships with Gym Members and Active Lifestyle
Consumers
SAN FRANCISCO--(Business Wire)--
Netpulse, the only interactive media platform for fitness centers and active
lifestyle consumers, announced today that it has secured $3.1 million in Series
A funding led by Javelin Venture Partners with participation from DFJ Frontier.
Netpulse will use the investment to continue the development of its interactive
entertainment platform, which is specifically designed for integration into both
fitness equipment and personal viewing screens (PVS) on cardiovascular machines.
Rollout of the platform will begin in premier fitness centers later this year. 

The ubiquity of entertainment options and the rising popularity of on-demand
video and its accessibility from multiple devices have created a unique
opportunity for Netpulse to transform fitness equipment into a personalized
entertainment distribution medium using its patented custom content delivery
system. With the Netpulse platform, fitness centers can offer their members
access to live high-definition television, on-demand videos and music, iPod/
iPhone connectivity, personalized workout data, and connection to social media
in a personalized user experience that is universally compatible with all
exercise equipment. 

"Netpulse is hitting the media trifecta," said Jed Katz, Managing Director of
Javelin Venture Partners. "With Netpulse, the people exercising will have a much
more enjoyable workout, the gyms benefit from lower attrition and by being able
to run loyalty programs and the advertisers get a solid 30 minutes of attention
from a highly targeted, affluent consumer. We're extremely excited to support a
company that is poised to redefine the connection between exercise and
entertainment forever." 

Providing a significant advancement on current fitness center entertainment
options, Netpulse helps media companies and advertisers facilitate direct,
one-to-one relationships with consumers at a time when they are receptive and
actively looking to be entertained. Furthermore, the platform enables media
companies and advertisers to reach consumers for an average of 30 minutes per
interaction - an engagement length that is ten times longer than traditional
out-of-home consumer environments. 

"Our platform is unique in its ability to provide tangible benefits to media
companies, advertisers, fitness equipment manufacturers, fitness centers and to
the active fitness consumer alike," said Bryan Arp, CEO of Netpulse. "We believe
that our platform creates unique opportunities that will change the criteria
consumers look for when choosing a fitness center. We`re thrilled to add the
experience and expertise of our new investors whose support will help accelerate
the development and rollout of the platform to meet the rapidly growing demand."


Through a broadband connection and via an interactive touch-screen interface,
consumers can personalize their entertainment and workout environment. In
addition, members can access their entertainment and exercise tracking data via
the Internet or at any fitness center featuring Netpulse-connected products.
Netpulse has been working with leading fitness equipment manufacturers, media
companies and advertisers and partnerships will be announced soon. 

About Netpulse

Netpulse provides an interactive media platform for fitness centers and active
lifestyle consumers. The Netpulse platform enables a customizable entertainment
experience that offers live HDTV, on-demand video and music, iPod/iPhone
connectivity, personalized workout data and more. Netpulse also allows media
companies and advertisers to have direct one-to-one access to a highly engaged
audience that is often difficult to reach with traditional media. 

Headquartered in San Francisco, CA, Netpulse has over a decade of experience in
health club entertainment. The company was co-founded by Tom Proulx, the
Co-Founder of Intuit and author of Quicken®. Its investors include Javelin
Venture Partners and DFJ Frontier. For more information, please visit
www.netpulse.com. 

About Javelin Venture Partners

Javelin Venture Partners is an early stage venture capital firm specializing in
technology based start-ups that leverage key innovations to create scalable,
high-growth companies. The firm's investment professionals are proven new
technology entrepreneurs with the ability to identify exceptional businesses and
management teams, and help them achieve great success. Based in San Francisco,
CA, Javelin Venture Partners operates with the culture of a start-up and with an
emphasis on being a true partner to entrepreneurs. For more information, visit
www.javelinvp.com. 

About DFJ Frontier

DFJ Frontier has offices in Los Angeles, Portland, Sacramento and Santa Barbara
and invests in seed and early-stage technology on the West Coast. DFJ Frontier
is part of the DFJ Network, the most active venture capital organization on the
planet. With offices in more than 30 cities worldwide, the DFJ Network has more
than $6 billion under management to fund extraordinary entrepreneurs. For more
information, please visit: www.dfjfrontier.com.

Horn Group
Evan Goldberg, 646-202-9768
egoldberg@horngroup.com

Copyright Business Wire 2009

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.