LMI names Folau to run new venture capital fund

By Marjorie Censer / February 21, 2019 at 9:29 AM

LMI said this week it has named Ian Folau principal of its new venture capital fund, dubbed LMI Ventures.

"Through the fund, LMI will pursue strategic partnerships with companies that augment LMI's federal support in advanced analytics, digital services, logistics, and management advisory services," the company said. "LMI Ventures will source relevant capabilities in the startup community, facilitate adoption, and accelerate implementation to address the U.S. government's most complex challenges."

Folau previously was chief executive of GitLinks, which was acquired by software company Infor last year.

He cofounded GitLinks while he was studying for his master of business administration at Cornell University. Folau spent nine years in the Army and attended West Point.

202381