Volition Capital Announces New Senior Associate Hire

Jake Colognesi joins from the Tuck School of Business at Dartmouth

BOSTON, Massachusetts, August 3, 2011 -- Volition Capital, a technology-oriented growth equity and venture capital firm, announced that Jake Colognesi has joined the firm as a Senior Associate.  Jake will focus on software, technology-enabled services and Internet investments.

Jake joins Volition with previous investment experience as an Associate at Fidelity Ventures, where he played a role in sourcing, evaluating and executing growth equity transactions.  He was involved with investments in Vibes Media and GeoLearning (acquired by SumTotal).  Jake was previously an Analyst at Cowen and Company.  He received a BA from Colby College in 2005 and an MBA from the Tuck School of Business at Dartmouth in 2011.

"We are thrilled to welcome Jake to the firm," said Sean Cantwell, Partner at Volition Capital.  "His strong previous experience combined with his investment judgment and work ethic will prove valuable as we continue to seek new investments in high-growth founder-owned businesses."

About Volition Capital

Volition Capital is a growth equity and venture capital firm established in 2010 that focuses on investing in high-growth, founder-owned technology businesses across the U.S. and Canada.  The firm targets companies that generally have between $5 million and $50 million in revenue with demonstrated capital efficiency.  Volition Capital's portfolio comprises over #350 million of invested capital across 23 companies in the United States and Europe.  The firm specializes in software, Internet, information services and tech-enabled services companies that have operating discipline and aspirations for greatness. (www.volitioncapital.com)

Contact: Media Relations - 617-488-9308

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