B-Stock Solutions, Inc., a Redwood City, CA-based provider of inventory Liquidation Sales Management solutions to retailers and manufacturers, closed a $7m Series B growth funding round.
The round was led by Susquehanna Growth Equity (SGE) with participation from existing investor True Ventures. In conjunction with the funding, Amir Goldman of Susquehanna Growth Equity will join the Board of Directors.
The company intends to use the funds to accelerate growth of its B2B liquidation business, expanding its team of marketplace experts, advancing its technology roadmap, and broadening the suite of services offered across all industries.
Led by Howard Rosenberg, CEO, B-Stock Solutions provides retailers and manufacturers with solutions to increase their recovery on the sale of their customer returns and other excess inventory. The company builds, hosts and manages private-label online auction sites and provides a suite of services to optimize results according to its clients’ requirements. In addition, the solution streamlines the related operational processes for their clients.
FinSMEs
13/08/2014