Saturday, November 10, 2012

?More Wood Behind The Arrow?: Google Ventures Gets 50% More Cash; $300M Pot To Fuel More Later Stage Investments

Screen Shot 2012-11-08 at 16.58.52Google is increasing the amount of money it makes available through its venture capital arm, Google Ventures -- from $200 million per year to $300 million, according to Reuters. The news agency notes this will push Google Ventures into the "top echelon of corporate venture-capital funds", putting it on the same footing as more established corporate VC funds like Intel Capital.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/ofFmT3APm3s/

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