Greenspring Global Partners IV, L.P.
We are very pleased to announce a recent investment made by Greenspring Global Partners IV (“GGP IV”). In June, GGP IV invested $4 million in Lithium Technologies, Inc. Lithium Technologies, Inc. Lithium Technologies, Inc., a Social Customer Relationship Management (CRM) company, provides an on-demand platform that allows its customers to manage their online social networks. Its product allows companies to leverage the power of online customer communities by tracking which users answer questions, rewarding these loyal users, and receiving and ranking feedback from the expert users. Lithium Technologies was founded in 2001 and is based in Emeryville, California. Greenspring Associates co-invested in Lithium Technologies with Benchmark Capital. For more information on Lithium Technologies, please visit their website at www.lithium.com.
About Greenspring Associates Greenspring Associates, founded in 2000, is a leading global venture capital investment firm that provides venture capital fund-of-funds, direct co-investment and customized investment partnership capabilities to its clients. Currently, Greenspring Associates manages approximately $1.5 billion of committed capital for clients in North America, Europe, and Australia. Greenspring Associates is a proactive and value-added investor seeking to build superior performing, globally diversified portfolios for its clients primarily in the technology, life sciences, and technology-enabled services sectors. For further information, please visit the Greenspring Associates website at www.greenspringassociates.com or email info@gspring.com. In addition, we would welcome you to follow us on facebook and twitter.