iNovia Capital, an early stage venture capital fund focused on digital media, SaaS, e-commerce and connected devices, has named principals Kevin Swan and Karamdeep Nijjar as partners at the firm.
Swan’s technical and operational background gives him strong expertise in the areas of SaaS, digital media and connected devices.
Swan has been involved with iNovia since 2010 when he was engaged as a venture partner and was instrumental in developing Fund III. He served as a director or observer on the boards of Mitre Media, Allocadia, Basis, Parent Media, Drivewyze and Growlabs.
"Kevin has a deep understanding of the critical factors behind Enterprise SaaS success. His role in building the iNovia brand by attracting and supporting tier-1 Entrepreneurs have proven to be core to iNovia's investment strategy," says Shawn Abbott, partner, iNovia Capital.
Nijjar brings a strong focus on software, digital media and e-commerce to the team. Over the years, he has worked closely with existing portfolio companies and been a strong resource to identify new growth opportunities. Nijjar serves as a director or observer on the boards of Chango, Pressly, Vidyard and Top Hat.
"Karam has proven to be a valuable and extremely knowledgeable asset for iNovia as much as he is for the Entrepreneurs he has been supporting, such as Mike Litt of Vidyard, Chris Sukornyk of Chango or Mike McCauley of BufferBox (which was acquired by Google last year). Karam has worked hard to earn the respect of both founders and co-investors," says Chris Arsenault, managing partner, iNovia Capital.
