CacheLogic : News and Events : Press Releases
Summary
Stephen was previously Managing Director of Inktomi Europe amongst other senior appointments and brings significant sales and marketing experience to the company. Commenting on the deal Pentech director Sandy McKinnon said, "The rate at which this company has created a scalable, enterprise-class product line that leads the field in innovation is remarkable. Pentech was launched in July 2001 to invest in early stage technology companies in the UK and Ireland and is run by Eddie Anderson, David Armour and Sandy McKinnon. Based in Cambridge, the group employs 80 people, and is active in a number of business areas, including investment management, corporate finance and insurance. The EIF was created in 1994; it is the specialized financial institution of the European Union for the support of the creation, growth and development of Small and Medium-sized Enterprises (SMEs).
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