Karmaloop Acquires Soletron

Karmaloop, Inc., a Boston, MA-based eCommerce retailer of streetwear, acquired Soletron, a content platform for the youth community.

The amount of the transaction was not disclosed.

Founded in 2010 by A.J. Steigman & Shane Robinson, Soletron Soletron generates content for young men 18-35 through an international network of writers.
The company was venture backed by Canrock Ventures & Easton Capital.

Founded by Greg Selkoe in 2000 with an office and TV studio in New York City, and offices in Los Angeles and Copenhagen, Karmaloop.com is an online retailer of streetwear and sells over 500 men’s and women’s brands to a customer base spanning 80 countries.┬áIts multi-platform retail website and lifestyle network has more than 4.5 million unique monthly visitors and includes both retail shopping, and original video and blog content.

FinSMEs

08/07/2014

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