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SJF Ventures invests in Mississippi-based Intechra Holding Corp.

November 20th, 2006

DURHAM, NC – SJF Ventures, a venture capital fund that helps accelerate the growth of companies specializing in environmental or workforce innovation, announced that it has invested in Jackson, MS-based Intechra Holding Corp., an electronics recycler that helps businesses retire IT assets such as personal computers, servers, monitors and printers.

The venture capital is part of a $6.5 million equity round. Other participants included Richland Ventures of Nashville, TN, Chrysalis Ventures of Louisville, KY, and Clayton Associates of Nashville, TN, all of which participated in a $12 million round in January, 2006.

“Managing end-of-life electronic assets is an issue every company faces,” said David Griest, managing director of SJF Ventures. “Increasing concerns around data security and environmental disposal are leading to the rapid growth of this industry and Intechra is well positioned as the leading IT asset disposition firm in the country with its size, scale and value-add services.”

SJF Ventures focuses on companies with $1 million or more in sales that are seeking equity capital of $500,000 to $5 million; the company has headquarters in Durham, NC, and New York.

www.sjfund.com

 

Southeast Venture Conference, February 29 – March 1, 2012 at the Ritz Carlton in Tysons Corner, VA – Where Smart Money Meets Smart People.
www.seventure.org

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