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July 28, 2003
Ikimbo raises new round of funding, New CEO
Posted by Stowe Boyd
I read in the Washington Post that Ikimbo (where I worked for two years -- which is another, long and convoluted story) has secured some new financing from Corss Atlantic Capital (a long time investor in the firm).
"Ikimbo, a Herndon communications firm, said it named Glen Hellman president and chief executive and landed $2 million in venture funding. Todd Bramblett, the current chief executive, is leaving to pursue other interests, the firm said. Hellman previously worked as president and chief operating officer of Astracon. Ikimbo said the funding round was led by Cross Atlantic Capital Partners and the Co-Investment 2000 Fund.
I plan to track down Glen this week, and see what the planis for Ikimbo. Last I heard, the company was pursuing a strategy of developing real-time applications that leverage the instant messaging infrastructure.
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