Ex-TomTom COO Alexander Ribbink has joined the Dutch and UK based VC firm Prime Technology Ventures as a partner. He’ll be focusing on investments in consumer Internet, digital media, and technology companies.
Ribbink began working at the sat-nav company TomTom in 2003 and “played a major role in the international growth and marketing success of this global technology company”, according to the press release.
During his tenure, TomTom’s turnover went from the tens of millions of euros to nearly 1.8 billion euros when he left in 2008. Ribbink was also part of the leadership team that took the company to an IPO on the Amsterdam Stock Exchange in 2005.
“With his successful experience in consumer marketing Alexander adds a different perspective to our team. We believe his experience of being the COO of a hyper growth company such as TomTom is very valuable for entrepreneurs”, says Sake Bosch, managing partner at Prime Technology Ventures.
Ribbink adds: “Prime is a very successful European VC firm and I am excited to join and to support the most ambitious entrepreneurs to achieve their growth plans.”