iNovia Capital strengthens team with the appointment of two experienced digital media entrepreneurs and active angel investors Geoff Judge and Kevin Swan

MONTREAL, Oct. 25 /PRNewswire/ - iNovia Capital, an early stage venture capital fund manager focused on building great technology companies by backing exceptional entrepreneurs in the fields of information technology, communications and digital media, today announced that Super Angel investor Geoff Judge and entrepreneur-investor Kevin Swan have joined the iNovia team as Partner and Principal, respectively.

Geoff Judge is an entrepreneur, operator and active Angel.  Geoff was Senior Vice President & General Manager of the Media Division at 24/7 Real Media, and a co-founder of the company. He was formerly the President of Interactive Imaginations, one of three companies that merged to form 24/7 Media in 1997. 24/7 Media went public in August 1998 and was acquired by WPP in 2007. Prior to his entrepreneurial career, Geoff spent nine years at American Express in the Card Division in several roles including VP and General Manager, Travel & Corporate Insurance Group and VP Marketing, New Cardmember Group.

Geoff's' notable angel investments include IndustryBrains (sold to Marchex), Collective, Fetchback, (sold to GSI Commerce) Oggifinogi, Madison Logic, Good Health Media, Pex Card, Transactis, Appssavvy, Mashery, Payoneer, Tynt and Chango. Geoff also sits on the board of Global Cash Access (NYSE: GCA). Geoff will be opening iNovia's permanent offices in New York City where he is based and where iNovia already holds a portfolio of 4 technology company investments.

"We've truly enjoyed the last few years of collaboration with Geoff Judge when he was first introduced to the team through Partner John Elton. His role as a Venture Partner allowed us to rapidly realize how beneficial and valuable his digital media domain expertise was to the many entrepreneurs we were backing", said Chris Arsenault, Managing Partner at iNovia Capital. "Now as a full time Partner, Geoff will provide additional direct support to existing Fund II portfolio companies, as well as play an important role in the management of future funds."

Kevin Swan was with Edmonton based Nexopia.com, Canada's largest youth social network, from 2007 to today and most recently served as President & CEO. Kevin also founded Cardinal Venture Partners out of graduate school and began working with entrepreneurs by providing capital and managerial support to such companies as: Empire Avenue, Connect 13, Nexopia, SafeFreight, Tagga, Teampages and Thinktel. Kevin will be joining iNovia in its Edmonton and Calgary offices.

"We've already started reaping the benefits of years of efforts building out iNovia's presence in Western Canada, evaluating investment opportunities, supporting entrepreneurs and attracting co-investors. Having Kevin join the team at this time is perfect for us", said Shawn Abbott, Partner at iNovia Capital. "Kevin will provide valuable insight and support to existing entrepreneur relationships and new ones as we build out of portfolio in our respective domains of expertise".

About iNovia Capital

iNovia provides venture capital to entrepreneurs who transform innovations into successful companies. The team comprises sector experts focused on Mobile, Consumer Internet, Internet Communications, Software and Digital Media.  iNovia has $165M under management across two seed and early stage IT and Life Sciences funds. For more information, visit www.inoviacapital.com or follow iNovia on Twitter at http://twitter.com/iNovia.

SOURCE INOVIA CAPITAL

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