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
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
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
Acumen Brands LinkedIn Company Profile
Social Media
Acumen Brands Company Twitter Account
Company News
Acumen Brands News
Facebook
Acumen Brands on Facebook
YouTube
Acumen Brands on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Terry Turpin
  Terry Turpin LinkedIn Profile  Terry Turpin Twitter Account  Terry Turpin News  Terry Turpin on Facebook
Chief Marketing Officer
David Echegoyen
  David Echegoyen LinkedIn Profile  David Echegoyen Twitter Account  David Echegoyen News  David Echegoyen on Facebook
Chief Technical Officer
Jim Kane
  Jim Kane LinkedIn Profile  Jim Kane Twitter Account  Jim Kane News  Jim Kane on Facebook


 

 

Browse more venture capital transactions:

Prev: 12/17/2010: Small Bone Innovations venture capital transaction
Next: 12/17/2010: Asteres venture capital transaction

 

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We report on every notable VC transaction. VC investment data records on this site are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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