News: Portfolio 2007

June 26, 2007: InGrid, Inc. Announces $13.5 Million Series C Financing

InGrid, Inc. Announces $13.5 Million Series C Financing

New Class Of Home Protection Services To Expand $8 B Home Security Market

June 26, 2007: Berwyn, PA, - InGrid today announced the closing of an additional $13.5 million in private capital from a new funding round led by Armstrong Group and Associated Partners. Existing investors CenterPoint Ventures, Novak Biddle Venture Partners, PA Early Stage Partners and ZG Ventures also participated. Kirby Campbell, CEO of Armstrong Group, has been appointed to InGrid's board of directors. The financing will be used to continue InGrid's development and market launch of a new class of digital home protection services.