Lightbank Creates Internal Public Relations Team

               Lightbank Creates Internal Public Relations Team

Chicago-based VC firm adds communications department to current in-house
resources for its portfolio of more than 50 early-stage technology companies.

PR Newswire

CHICAGO, Dec. 12, 2012

CHICAGO, Dec. 12, 2012 /PRNewswire/ --Lightbank, a venture capital firm
founded by serial entrepreneurs Brad Keywell and Eric Lefkofsky, brings public
relations capabilities in-house for the first time with the hiring of
respected technology PR professional Jackie Lampugnano. The Chicago native
will head Lightbank's public relations and messaging team.

"We look at each investment as a project that we're passionate about working
on side-by-side with the companies we fund," said Brad Keywell, co-founder of
Lightbank. "A key part this process is helping our portfolio companies shape
their message and tell their stories through strategic communications, which
is why we decided to add dedicated PR capabilities as an in-house competency.
Our vision for Lightbank is to possess all the necessary components to
accelerate and augment growth of technology businesses."

Lampugnano joins Lightbank with a background in technology-focused PR, both
for startups and enterprises. Prior to Lightbank, Lampugnano was an account
director at Chicago-based PR firm Walker Sands Communications, where she
developed and executed award-winning communications campaigns for a range of
B-to-B and B-to-C companies in the technology industry.

"I've always had a personal passion for entrepreneurship, particularly in the
technology space, which is what made joining Lightbank so appealing," said
Lampugnano. "For start-ups, effective communication of vision, mission and
value is crucial to success, and Lightbank can now offer meaningful help in
this area to the companies in which it invests. I look forward to working in
this unique environment where I'm sitting next to these portfolio companies
every day and helping them tell their stories. It will be great to shed some
light on what's happening here."

Lampugnano will round out the Lightbank team of in-house resources, which
includes talent scouts, mobile developers, experts in business development and
operations, as well as a team that runs administrative functions. Lampugnano
will head up the communications arm for Lightbank and act as PR council for
the firm's portfolio.

"Adding exceptional communications services and guidance is a strategic asset
for Lightbank as we continue to define our vision for what a VC should be,"
added Keywell. "We founded Lightbank in 2010 and have continuously grown
since. We're happy to have Jackie on our team as we expand our national
presence and work with promising entrepreneurs who are disrupting industries
that are ripe for innovation."

To date, Lightbank and its founders have started nine companies, invested in
more than 50 companies, raised more than $1.5 billion and created more than $7
billion in equity value, making it one of the most prolific early-stage
investment firms between the coasts. Companies started by Lightbank's founders
employ more than 15,000 people in 100 offices worldwide.

Lampugnano is an honors graduate of Loyola University Chicago, where she
earned a bachelor's degree in advertising and public relations.

About Lightbank:

Lightbank is a Chicago-based fund focused on early-stage technology companies.
Founded by Eric Lefkofsky and Brad Keywell, who are founders of Groupon,
MediaBank, InnerWorkings (NASDAQ:INWK) and Echo Global Logistics
(NASDAQ:ECHO), Lightbank not only makes investments of capital, but also takes
an active hands-on role in helping entrepreneurs ensure their early- and
mid-stage businesses grow and succeed. To learn more, please visit
www.lightbank.com.

Contact: Jackie Lampugnano, 1-312-626-2574, jaclyn@lightbank.com

SOURCE Lightbank

Website: http://www.lightbank.com
 
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