Intechra Holding Corporation Secures $6.5 Million in new Equity round

SJF Ventures announced recently that the firm has invested in Intechra Holding Corp., an electronics recycler and information technology asset disposition company, as part of a $6.5 million equity round. The financing provided the equity component for the recent acquisition of Arizona-based Gold Circuit. Other participants in the round included three existing Intechra investors Richland Ventures of Nashville, TN, Chrysalis Ventures of Louisville, KY, and Clayton Associates of Nashville, TN.

Intechra helps large businesses retire IT assets such as personal computers, servers, monitors and printers in compliance with federal privacy regulations, state and local environmental laws and in-house policies. Intechra focuses on eliminating the risks surrounding data security, compliance and environmental impact, while maximizing value recovery on IT asset investments for businesses around the world.

“Managing end-of-life electronic assets is an issue every company faces,” said David Griest, Managing Director, SJF Ventures. “Increasing concerns around data security and environmental disposal are leading to the rapid growth of this industry and Intechra is well positioned as the leading IT asset disposition firm in the country with its size, scale and value-add services.”

“We are excited to have SJF Ventures as a partner,” said Chip Slack, Intechra CEO. “Having one of the leading cleantech venture funds with extensive experience in the recycling sector will enhance our growth and consolidation strategy.”

For more Information, please visit: www.intechra.com