Archive for February, 2010
New York City entrepreneur, Damion Hankejh, sold one of his privately-held Ingk Labs spinoffs — InstantService was acquired by cambridge-based ATG (NASDAQ: ARTG) for $17M and undisclosed stock consideration.
The successful exit will further fuel Ingk Labs investments and portfolio growth in New York. Entrepreneurs can send pitch decks to: deck a*t ingk.com
Ingk Labs has been busy building ActiveCause — a turnkey platform for companies that simplifies giving cash and in-kind donations for employees and customers.
The company’s services have already penetrated more than 1 million homes, activating donors nationwide and helping hundreds of nonprofit causes in local communities, including Nature Conservancy, Rockefeller Foundation, United Nations, amfAR, ASPCA, and I’m Too Young For This! Cancer Foundation.