Please replace the release with the following corrected version due to
multiple revisions.
The corrected release reads:
M/C VENTURE PARTNERS PROMOTES INGRAHAM AND KIM TO VICE PRESIDENT
- Promotions reflect contributions to firm and portfolio company
successes -
M/C Venture Partners, a venture capital firm focused exclusively on the
communications, media, and information technology sectors, announced
that David Ingraham and Edmund Kim have been promoted to the position of
Vice President from Senior Associate.
In their new roles, David and Edmund will be responsible for all aspects
of sourcing and managing investments in the media and communications
industry segments and will continue to work to extend M/C Venture
Partners’ strong, 26-year franchise.
“Both David and Edmund have contributed to the success of not only M/C
Venture Partners, but also our portfolio companies,” said Jim Wade, a
Managing General Partner at M/C. “We are pleased to have this
opportunity to further build our organization from within and recognize
their accomplishments. We look forward to their continued success,
knowing that their hard work and contributions will continue to benefit
our portfolio companies and investors.”
David Ingraham
David Ingraham focuses on investments in a variety of media and
communications industry segments, including alternative advertising,
marketing services, information services, new and traditional media, and
collocation services. At M/C, David has completed investments in the
collocation services and out-of-home advertising industries, including
M/C portfolio company AccentHealth, where he serves on the Board of
Directors.
Prior to joining M/C Venture Partners in 2006, David worked at Veronis
Suhler Stevenson (VSS), a media-focused private equity fund in New York
with over $1 billion under management. While at VSS, Mr. Ingraham worked
on investments in the yellow pages, publishing and information services
industries.
David earned his Bachelor of Arts in Psychology from Skidmore College
and his MBA from the University of California, Berkeley.
Edmund Kim
Edmund Kim focuses on investments in the media and communications
industry segments, including digital and traditional media, broadband
services, wireless infrastructure, and wireless services. At M/C, Edmund
completed a number of transactions, including the acquisition of DataNet
Communications by Lightower, a digital fiber network, and Public Mobile,
which acquired wireless spectrum in the recent Canadian auction to offer
unlimited wireless services in Canada.
Prior to joining M/C Venture Partners in 2007, Edmund worked in the
investment banking group at Merrill Lynch in Toronto. Edmund graduated
from the University of Toronto with a Bachelor Degree in Commerce and
Finance and received an MBA from Harvard Business School.
About M/C Venture Partners
M/C Venture Partners is a venture capital firm focused exclusively on
the communications, media, and information technology sectors. The firm
has invested over $1.8 billion into over 100 companies in those sectors.
Companies M/C has backed include AccentHealth, Brooks Fiber, Fusepoint,
GTS, ICG Communications (restructuring), Legendary Pictures, Lightower
(formerly National Grid Wireless), Melita Cable, MetroPCS, NuVox and
Zayo Broadband. The firm has strong institutional backing from leading
pension funds and endowments as well as a long track record of success.
M/C Venture Partners has offices in Boston, San Francisco, and London.
For more information, visit www.mcventurepartners.com.
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