Press Release Press Releases 2006 | Press Releases 2007 | Press Releases 2008 Infopia Strengthens Board of Directors with New AppointmentsIndustry veterans bring new expertise to guide e-commerce leader to new successes SALT LAKE CITY, Utah - May 16 – Infopia, the leader in on-demand multi-channel e-commerce, today announced the appointment of four new board members, each with deep financial, operational and industry experience. Following a recent round of $8 million in venture capital funding led by Hummer Winblad Venture Partners V, L.P., and Trident Capital, along with the support of prior investors, the new board members are poised to help take Infopia to the next stage of growth and success. "We are pleased to win the confidence of some of the most savvy technology investors as well as to have their guidance on our board," said Bjorn Espenes, chief executive officer of Infopia. "Since our inception in 1999, we have established a successful and visionary company. This new infusion of funding as well as governance expertise will give us the ability to establish and drive a new category of e-commerce software-as-a-service solutions." The new board members are:
Through the delivery of innovative solutions, superior service and measurable benefits, Infopia has established and continues to grow a customer base of some of the most successful sellers in the online auction and marketplace community. The company will continue to focus on providing exceptional customer value to drive future growth and success. About Infopia # # #
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