RockStep Solutions Closed Millions in Strategic Investment, Adding Jobs a Priority


RockStep Solutions, a tech startup software company headquartered iin Portland, recently closed a $5.3 million Series A priced equity financing round.  With this new financing, RockStep will invest in product development, market expansion and continue to grow its team. RockStep is committed to creating new jobs in Maine.  It currently has 23 employees at its Portland Old Port headquarters, with plans to add 20 more positions in the next 12 months.  The company now does business in 14 US States, Canada and Europe.

RockStep’s CEO, Chuck Donnelly says; ” Closing our Series A round ensures RockStep retains its global leadership position while growing our workforce in Maine.  We continue to be grateful for our early investors, including MTI who helped us get to this point.”

CLIMB is the company’s flagship product.  It is a market leader in vivo research.  “We are currently working on global deployments with tier-one pharmaceutical companies.  This financing allows us to expand our functionality to move it into new drug development markets,” said RockStep President Julie Morrison.

RockStep Solutions was founded in 2015 after receiving an SBIR award from the National Institutes of Health and Development Loan from the Maine Technology INstitute.  Prior to co-founding RockStep, Mr. Donnelly was the Director of Computational Services at the Jackson Lab.  Ms. Morrison developed assays for detecting microrganisms at IDEXX and NASA’s Jet Propulsion Lab.