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Todd Humphrey Appointed CEO of Wishpot and Venture Partner at Monster Venture Partners
Aug 01, 2008 (08:08 AM EDT)
SEATTLE, Aug. 1 /PRNewswire/ -- Wishpot today announced that it has named Todd Humphrey its new Chief Executive Officer. Humphrey was also named Venture Partner at Monster Venture Partners.
"We're honored and excited to welcome Todd to Wishpot as CEO. He has an outstanding track record of entrepreneurial leadership and growing diverse, fast-growing businesses," said Max Ciccotosto, Founder of Wishpot. "We look forward to Todd's contributions as Wishpot continues to innovate and build out its next stage of growth."
"Wishpot is a pioneer in the social shopping arena and is seeing tremendous growth," said Humphrey. "I'm thrilled to be joining this exciting company and look forward to building on the strong foundation that Max and the Wishpot team have established."
Humphrey brings to Wishpot a strong entrepreneurial and management background, a passion for customer experience, and vast consumer Internet knowledge. Previously Humphrey joined CleverSet in March 2006 and led the company through to its acquisition by ATG in February 2008. CleverSet was honored with numerous awards during Humphrey's tenure, including "Most Innovative Company" in America by the American Business Association, and "Best in Show" at the prestigious Web 2.0 Summit in 2007. Prior to joining CleverSet, Humphrey held senior roles at various Internet and technology companies in Seattle and Toronto. He also spent five years at two venture capital firms.
Concurrent with Mr. Humphrey joining Wishpot as CEO, he was also appointed a Partner at Monster Venture Partners where he will lead the consumer Internet practice.
"Todd is a great addition to the Wishpot team and also to Monster Venture Partners," said Rob Monster, Managing Director of Monster Venture Partners, the largest outside investor in Wishpot. "Todd's track record in both private equity and operations is illustrative of the type of leadership talent that Seattle-based startups will need to draw upon in order to build world-class companies. We look forward to working with Todd to turn Wishpot into a success story while leveraging synergies across the rest of the MVP portfolio."
Wishpot is also announcing their acquisition of Seattle-based Wishlisting.com. "This acquisition provides us with a very passionate group of employees who are joining the Wishpot team, and hardened technology that will be used immediately to accelerate our progress," said Humphrey.
Founded in 2006, Wishpot enables people to discover, save and share their favorite things from across the web. Additionally, the Wishpot Wedding Channel and the Wishpot Baby Channel provide for unique experiences in creating online wish lists. Wishpot is a Seattle-based company that is changing the way people search, shop, share and save things online.
About Monster Venture Partners
Monster Venture Partners is a new breed of early-stage venture capital firm based in Seattle. Our investment philosophy is to engage in a genuine hands-on partnership with founders to jointly create value for all stakeholders. For larger opportunities, we co-invest with leading investors from around the world, selecting from a universe of like-minded investors who are able to add strategic value. We are focused on three primary verticals: (1) marketing technology, (2) consumer healthcare, and (3) global consumer Internet.
Press Contact: Brenda O'Quin PR Manager - Wishpot Inc. firstname.lastname@example.org 425.502.6000 http://www.wishpot.com
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CONTACT: Brenda O'Quin, PR Manager of Wishpot Inc., +1-425.502.6000, email@example.com
Web site: http://www.wishpot.com/