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Kluster Strives to Build a Better WorldVillage Ventures and FreshTracks Announce $1 Million Investment in Mophie
8/1/2006Vermmont Business Magazine
An excerpt from this piece is provided below. To read the complete original article, please click here: vbm_mophie_080106.pdf
FreshTracks Capital, L.P., a Middlebury-based venture capital fund focused on investing in Vermont growth companies, announced its investment in mophie" of Burlington, VT. FreshTracks joined majority investor, Village Ventures, a Williamstown, MA based venture capital firm.
Together, the syndicate invested one million dollars in the company, with an additional amount to be invested in the near future. mophie" is a developer of innovative, value-added solutions for the digital lifestyle accessory market, currently focusing on iPod accessories. mophie" was founded by Ben Kaufman, a 19-year old entrepreneur while he attended high school on Long Island, NY.
