RBM Technologies names new president; closes $9.5 million in financing

Cambridge, Mass. – Retail visual merchandising solution provider RBM Technologies has named E.Y. Snowden its new president and CEO. Snowden was previously CEO of Boston Communications Group and president of APC/Sprint Spectrum.

In addition, RBM has closed a $9.5 million round of growth equity financing led by Spring Lake Equity Partners. RBM plans to use the financing to enhance its products and enter the international mobile market and new retail verticals.

"It is an exciting time to be joining a well-respected player like RBM, as mobile and merchandising innovations are driving such change for retailers,” said Snowden. “I look forward to guiding the company’s utilization of the resources provided by Spring Lake to accelerate the enhancement of existing products, development of new products, and expansion of new sectors.”

 

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