Wednesday, March 17, 2010

Innova fund explains TrakLok investment

Innova Memphis' Jan Bouten, a key man in TNInvestco-capitalized Innova Fund II, found himself all-but promising Memphians that -- even though the new fund's first investment was in Knoxville-based TrakLok -- the pipeline if full of Memphis-area firms and some are likely to be winners, soon. Bouten told the Memphis Daily News the fund has received hundreds of inquiries regarding investment since the TNInvestco winners were announced in November. Bouten told the MDN he'd been following TrakLok since 2008 (probably, VNC thinks, after having been introduced to the firm through the TTDC innovation conference that year).

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