Funding will Support Growth, New Products and Expand Distribution Channels
Trumbull, CT, Nov. 13, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Knocking Inc., a commerce and consumer engagement company, announced a seven-figure investment package from Decathlon Capital Partners. Knocking has partnered with leading media companies such as CNN, Lifetime TV, Bell Media and Yahoo, to bring unique product offerings to captive audiences across national TV channels, Radio and Social Media. Knocking’s turn-key commerce and flash-sale solution includes brand curation, promotion, ecommerce, fulfillment, customer service and deep consumer analytics.
The new investment from Decathlon will support additional growth, help Knocking develop new product lines and expand with new distribution partnerships.
“Knocking’s turn-key commerce solution enables media companies to turn their passive audiences into active, long-term shoppers – and thus generates new revenue that is entirely different from existing advertising, direct response or brand integration revenue,” said Knocking CEO Markus Reinmund. “We have a proven, scalable technology, we are ready to ramp up by adding new media partners, and with Decathlon’s investment, we are well positioned to reach our growth goals.”
“Knocking is fully committed to help media companies capture their audiences and convert those audiences into long-term commerce customers,” said Decathlon’s Wayne Cantwell. “We’re interested in companies poised for growth, and we are pleased to make this investment to help them achieve their potential.”
About
Knocking Inc. is a leading flash-sale commerce and consumer engagement company. Currently working with media companies such as CNN, Lifetime TV, Bell Media or Yahoo, Knocking provides a turn-key solution to bring unique product offerings to captive audiences across national TV channels, Radio and Social Media. Knocking’s turn-key commerce solution includes brand curation, promotion, ecommerce, fulfillment, customer service, and Knocking’s Analytics platform captures and analyzes detailed consumer engagement and experience data to drive marketing and optimize sales conversion. Learn more at https://www.knocking.co/.
About Decathlon Capital Partners
Decathlon Capital Partners provides growth capital for companies seeking alternatives to traditional equity investment. Through the use of highly customized revenue-based financing solutions, Decathlon provides long-term growth capital without the dilution, loss of control and operational overhead that often comes with equity-based funding. With offices in Palo Alto and Park City, Decathlon is the largest revenue-based funding investor in the U.S. and is active across a wide range of sectors. Learn more at www.decathloncapital.com.