Announcing a new partner (Ascend Venture Group) and funding for Boxxet
January 15th, 2007 You Mon Tsang
If you think about it, venture capital is an amazing thing. The investment of many, many dollars based on an idea, a few people and hope is something entrepreneurial souls are grateful for.Â
Therefore we are happy to announce that we are partnering with Ascend Venture Group on Boxxet. Based in New York City with more than $150 million under management, Ascend is investing $900,000 in Boxxet to help us prove our idea. We’ve enjoyed working with Kylie Sachs and Darryl Wash at Ascend and expect many fruitful years ahead of us.
Entry Filed under: Boxxet, BoxxetAnnouncement
1 Comment Add your own
1. Kylie Sachs | January 17th, 2007 at 4:39 pm
You Mon and Dan,
We are truly excited to be a part of Boxxet! Partnering with great teams is what we like to do. Investing is particularly fun when you can become an enthusiastic user of the product. This investment is a great example of that.
Cheers,
Kylie
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