LandRoller Secures Over $1.25 Million in Series a Preferred "Friends & Family" Financing Round
Manufacturer of the revolutionary new Landroller skate secures capitol for big 2006 push into sporting goods retail market.
(PRWEB) November 23, 2005 -- LandRoller secures over $1.25 million in series a preferred "friends & family" financing round. Chief Operating Officer Lance Stuart said, "We are delighted by the quality of our investors who include savvy, nationally-recognized business leaders, prominent angel investors, and LandRoller management. This round was raised to finalize product development of the Terra 9 and get us to market. Customer response is phenomenal, and we get a lot of fan mail, so the market is ready." The company plans to raise additional funds to finance growth and new models including children's, all-terrain, and lower-priced versions of their award-winning skates.
LandRoller Inc. is a privately-held C Corporation now headquartered in Hermosa Beach, California. The company recently introduced a revolutionary out-of-line roller skate with a large wheel configuration that provides significant advantages over traditional inline skates. Landroller skates won top honors as the SGMA Sports Edge Sports product of 2005 and are featured as one of TIME magazine's Most Amazing Inventions of 2005. Visit: www.landroller.com
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