Today we officially announced that Intel Capital, Intel’s global investment organization, has made a $20 million dollar investment in Telligent. You can read the full press release here.
This is significant as Rob points out in his recent post as it will allow us to quickly scale our sales & marketing divisions as well as fund additional product development moving forward.
I am very excited by this obviously as I am responsible for both Sales & Marketing within Telligent. So the strategic plans that we have been devising for the past few months are now coming to fruition through strategic growth both domestically with a greater field presence as well as internationally.
I had recently hired our International Sales Director in London and he has been a phenomenal addition to the team. Our International sales headquarters has been based in London for the past few months now and while I am here we are finalizing our office space in central London and looking to aggressively grow our presence in EU and beyond.
Also, if you happen to be in the area, I will be speaking at AdTech London 2008 this Thursday at 3:10. Or just come by and see me at the Telligent booth we are in space #110.
This is a very exciting time to be a part of the Telligent team and I look forward to the next few years as we execute against our strategic plan and aggressively grow the business while maintaining the unique culture that is Telligent.