Atlanta, GA (PRWEB) September 14, 2012
Eighteen months ago the Atlanta Technology Angels (ATA), a group of high-net-worth individuals who invest in early stage technology companies realized the ATA could and should play a much more vibrant and active role in supporting and promoting early stage technology companies in Georgia, and convinced Mike Eckert to become its Executive Chairman. At that time the group had 25 members/sponsors and had made only one investment going back into 2010.
Fast forward to today, the group has near 120 members/sponsors and its members have made 25 investments in the past eighteen months. Under Eckert’s watch and with a new dynamic Board of Directors the ATA has grown into one of the largest and most active angel investment groups in the nation. This dramatic growth has led the group to implement and announce leadership changes that will enable it to address its burgeoning day-to-day activities and also allow it to address numerous strategic and growth opportunities before it.
With these changes Eckert will remain as Chairman of the ATA, leading its Board of Directors, its deal activities and its strategic growth initiatives. Devon Wijensinghe has been named to the role of President of the ATA and will be responsible for ATA’s member and sponsor activities and services, its community outreach activities and will be the ATA’s primary face to the marketplace. Additionally, Kate Allen King has been named Operations Manager of the ATA. King will provide support and coordination services to various activities at the ATA.
To augment ATA leadership as it continues its dynamic growth, four very qualified individuals have been added to the ATA Board of Directors. Ken Gavranovic, Nat Milburn, Steve Walden and Lee Waters have been named directors of the ATA.
Eckert said: “The ATA has incurred extraordinary and rapid growth in a short period of time. It is funding entrepreneurs like never before and is making a real difference in company and job creation in Atlanta and in Georgia. It also is increasingly working closely with the entrepreneurial and incubator communities in Atlanta to help early stage companies become better prepared to solicit investments.”
He added: “A key to every great organization is sustained continuity and excellence. They are not one-man operations. I can’t be happier that Devon Wijesinghe has stepped up to lead ATA’s day to day activities. This ensures continued excellence as ATA manages its organic growth and allows others of us to focus on the many strategic growth opportunities before the ATA. And the fact that ATA has attracted four strong individuals to join its Board is a testimony to the good things that ATA is doing.”