Thursday, March 15, 2012

ReadWriteWeb COO Sean Ammirati Departs, Will Lead New Seed Fund At Birchmere Ventures

birchmere-labs-horizontalFollowing its acquisition by SAY Media, ReadWriteWeb's COO Sean Ammirati is leaving the company to join?Birchmere Ventures, an early-stage VC firm with investments in cleantech, medical, and technology startups. Ammirati will be added to Birchmere's investment team and will serve as the lead partner for a new fund within the company called Birchmere Labs. Similar to betaworks, Birchmere Labs will be a studio fund where the firm will develop its own startups, however it will also?serve as a seed fund, investing in early stage startups, and specifically those in the "community driven commerce" space.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/Mor1ngRTQ6I/

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