Colombia Reports Raises Funding From GITP Ventures
This is an excerpt from LAVCA. Read the full article here.
Colombia Reports has raised funding from GITP Ventures, a venture capital firm headquartered in Medellin, that will help our website realize a number of plans that are in the pipeline.
The funding round is led by prominent investor Michael Puscar, the founder and President of GITP Ventures. Puscar is a hi-tech veteran and successful angel investor who most recently sold his company, Yuxi Pacific, to private equity firm Blue Loop Capital. Three of GITP’s investments, most recently Plum Analytics, had successful exits in recent months.
With this investment, Colombia Reports is now able to increase its editorial staff and push many of its development projects forward. These include our new mobile website, and features including a classified section and job board.
“Having operated and invested in multiple businesses in Colombia, Colombia Reports is a key resource I turn to throughout the week. When the team contacted me about their plans to extend Colombia Reports beyond the existing publication and into a platform that scales internationally, I felt this was a great opportunity,” Michael Puscar explained in an email ahead of this article.[Read More]