Tech Company Financing Transactions
Acumen Brands Funding Round
Acumen Brands secured a $5 million financing round on 12/17/2010. Backers included Noro-Moseley Partners and private investors.
Transaction Overview
Company Name
Announced On
12/17/2010
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company will use the proceeds to fund their expansion into additional retail categories and to outfit an automated fulfillment facility. This new infrastructure will allow Acumen to open 20 additional online stores in the next 24 months.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
29 N. Gregg St.
Fayetteville, AR 72703
USA
Fayetteville, AR 72703
USA
Phone
Website
Email Address
Overview
We created the #1 media destination for country music and lifestyle, a digital-native retailer with the largest social following in our industry, and a brand unit developing product for the hottest acts in country music.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Terry Turpin
Chief Marketing Officer
David Echegoyen
Chief Technical Officer
Jim Kane
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