Google looks for ‘next big thing’
Posted on April 6th, 2009 by sherrilynne
- Image via CrunchBase
It was June 7, 1999, when a new tech start up ‘dedicated to providing the best search experience on the web’, Google, announced it had completed a $25 million round of equity funding led by two Silicon Valley venture capital firms.
Fastforward to 2009 (about 100 million years in Internet time) and the world’s leading brand Google announces its own venture-capital unit to fund new technologies, Google Ventures.
The plan, according to news reports, is to invest $100 million in its first year, mostly in young companies covering a broad range of industries, including consumer internet, software, hardware, clean-tech, bio-tech and health care.
Click here to read the rest of this Tech Talk column.
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