NEWS RELEASES
Rollick Raises $14M In Capital Funding
Editor's Note: This news item was retrieved and first published through PR Newswire's website.
AUSTIN, Tex. - Rollick announced it has closed on $8.3M in Series A funding from investors that include LiveOak Venture Partners, Anthem Venture Partners and ManchesterStory Group. Along with initial funding from investors Silverton, Autotech Ventures and Capital Factory, this brings Rollick’s capital funding to nearly $14M. Krishna Srinivasan, founding partner of LiveOak Venture Partners, will join the Rollick board of directors.
The latest round of funding will be used to continue Rollick's rapid progress in the powersports and RV industry, where the new company has built a buying network including hundreds of dealers, over 60 manufacturers and an affinity partner network with access to over 50 million high-quality customers. A portion of the investment also funded the acquisition of AVALA Marketing Group in late September. AVALA has provided digital strategy for manufacturers in the marine, RV and industrial equipment industries for decades, and is the industry's only OEM-to-dealer marketing and loyalty management platform.
Rollick, the first vertically focused management solution in the recreation and industrial equipment industries, helps retailers and manufacturers provide an individualized, online and in-store experience for the powersports, RV and marine industries.
Find out more on the Rollick website.