Wednesday, July 12, 2017
Ignition's Artale Resigns Over Harassment Allegations
Seattle-based venture capital investment firm Ignition Partners says that co-founder and Managing Partner Frank Artale has resigned from the firm, after allegations of inappropriate conduct. In a statement, Ignition said that it received a complaint of misconduct by Artale on July 5th, and on Sunday, asked for Artale to resign from the firm. The resignation follows a wave of resignations across the venture capital industry over sexual harassment of female founders by venture capitalists. Ignition did not detail the allegations over Artale's misconduct, but said the resignation came after a separate, third party accusation of inappropriate conduct by Artale that it had addressed in 2016, and after the firm conducted sensitivity and anti-harassment training.
Statement by Ignition Partners on the resignation of Frank Artale pic.twitter.com/P761dnQe7g— Ignition Partners (@ignitionVC) July 12, 2017