Gilde IT Fund announces director appointment

Lars Lindell joins Gilde IT as partner and director from nCoTec Ventures

Gilde IT Fund, a leading pan-European venture capital firm investing in software and communications companies, has announced that Lars Lindell is joining the firm as a director and partner.

Prior to joining Gilde IT, Lindell was a vice-president at Salomon Smith Barney, responsible for research coverage of the telecommunications equipment sector. More recently he co-founded nCoTec Ventures, a pan-European telecom technology venture capital firm, where he was a director. In September 2001, Alasdair Warren, another of the co-founders of nCoTec, rejoined Schroder Salomon Smith Barney as a managing director in the European ECM team.

Gilde IT Fund has more than 80 investments in the IT industry in Europe, the U.S. and Israel. It has achieved more than 25 successful IPOs and trade sales. Gilde IT focuses on providing worldwide funding and support to business in various stages of development in the information technology and communications industry.