Lightbank Launches to Invest in Technology Start Ups

Lightbank, a new fund aimed at investing up to $10m annually in early-stage technology companies has been launched by Eric Lefkofsky and Brad Keywell, two Chicago-based experienced entrepreneurs, who started Groupon, MediaBank, InnerWorkings (NASDAQ:INWK) and Echo Global Logistics (NASDAQ:ECHO). 

Lightbank will focus on venture investments in early-stage companies in a number of industries.
In addition to investing capital, the fund will take an active role in guiding and nurturing companies through all stages of growth, from effectively scaling technology and finding the optimal business model to securing further growth investment and ultimately exiting the business.

FinSMEs

15/03/2010

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