S3 Ventures Joins Sevin Rosen in Seed Funding Invodo

AUSTIN, Texas (January 11, 2008) – S3 Ventures announced today that it joined Sevin Rosen in a seed investment of Invodo, Inc.  As part of the financing, Brian R. Smith, Managing Director of S3, and Jackie Kimzey, General Partner of Sevin Rosen, joined the board of directors. 

Invodo is a video syndication company that enables manufacturers to have their product videos played on the web from any access point by a consumer.

About S3 Ventures
S3 Ventures is an early-stage venture capital firm investing in companies which address large market opportunities in the information technology and medical device sectors. We invest primarily around the Southwest with a focus on Texas. Our offices are located in Austin and Houston. S3’s team is a group of seasoned investors and successful entrepreneurs who have repeatedly built companies into great returns for investors. At S3 today, we help talented entrepreneurs take their technology and market knowledge and form valuable businesses in a methodical fashion. For more information about S3, visit www.s3vc.com.