Acumen Brands Raises $83M in Funding

According to a filing with the S.E.C. (read here), Acumen Brands, a Fayetteville, Arkansas-based company that operates a portfolio of ecommerce sites, raised $83m in funding.

Multiple reports said the funds were provided by General Atlantic.

The company intends to use the capital to grow its portfolio of e-commerce sites.

Led by John James, M.D., CEO, Terry Turpin, J.D., COO, David Echegoyen, CMO, Chuck Browning, CFO, and Jim Kane, CTO, Acumen Brands uses skills such as SEO, SEM, social media marketing and business strategy to grow its portfolio of ecommerce sites, which include:
– toughweld.com (work apparel),
– scrubshopper.com (medical scrubs) and
– countryoutfitter.com (country lifestyle apparel).

FinSMEs

07/04/2013

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