Connecticut taxpayers have staked $750,000 to help a Stamford technology firm refine and expand marketing of its mobile-phone messaging and device management software.
Connecticut Innovations, the state’s technology investment arm, was part of a $1.5 million financing package for LegiTime Technologies Inc. CI also obtains a board seat at LegiTime.
Venture capital firm iNovia Capital also put up $750,000.
In addition to its products currently available for Windows Mobile and Blackberry devices, LegiTime is due before year end to deliver Symbian versions, and Android and iPhone versions in the first half of 2010.
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LegiTime also announced the appointment of Scott Jensen as president and CEO, succeeding Michael Michigami, who is now chairman.
