Business Services Industry

The Boston Globe High-Tech Sector Report.

Knight Ridder/Tribune Business News, January, 2003

The Boston Globe Knight Ridder/Tribune Business News

Jan. 13--Mlogic, a Boston company built on the premise that instant messaging will evolve into a major business medium, will announce today the completion of a $14 million investment led by Venrock Associates, with participation from Goldman Sachs and original investors General Catalyst Partners and Kodiak Venture Partners. Mike Tyrrell, general partner with Venrock Associates, will join IMlogic's board of directors.

An expansion of IMlogic's management team will also be announced today. Jim Kelliher will be appointed as chief financial officer, Jim Drill as vice president of sales and business development, and Elena Grinev as vice president of client services.

IMlogic, which...

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