Private Equity Secondaries News Private Equity Funds of Funds News Private Equity Deals News

Send Us Your Press Releases

Raise your profile by letting the world know exactly what you are up to right now: editorial@AltAssets.net
Private Equity Fund Directory
Subscribe to the free Private Equity and Venture Capital NewsletterJoin AltAssets group on LinkedIn
Home > PE News

Google Ventures adds partners Google Ventures adds partners

12 Jan 2010. Source: AltAssets
Google Ventures, software giant Google’s venture capital arm, is recruiting more partners as it looks to add to the eight investments in has already made since launching less than a year ago, Reuters reports.

As well as bolstering its team, the $100m fund also reportedly intends to refine its investment strategy, which has seen it put money in the biotech, cleantech and consumer internet technology sectors.

Google Ventures aims to make investments based on specific issues that it sees as being best prepared to tackle, instead of looking at expansive sectors.

The venture investor has so far backed eight companies, including Pixazza, an application that creates adverts from web-based pictures; Silver Spring Networks, a smart-grid technology company; VigLink, a web link affiliation start-up; biotech business Adimab; and EnglishCentral, an English language learning company.

Google Ventures was launched in March 2009 with $100m. The amount of that capital left to invest is undisclosed.  

Copyright © 2010 AltAssets

Add your comment

There are currently no comments.
Leave Comment


or close