Seeking Alpha

Google injects $300M into new VC arm

  • Google (GOOG -0.8%) has injected $300M into a new VC arm meant to invest in late-stage tech startups. The unit, known as Google Capital, is separate from the well-established Google Ventures, which has made a name for itself with big bets on younger startups and a data-driven approach to investment decisions.
  • Google Capital has already invested $40M in Renaissance Learning, a provider of cloud-based educational software, analytics tools, and related services. Other investments include online survey software provider SurveyMonkey and P2P lending platform LendingClub.
  • Previous: Google thinking of bringing Fiber to nine metro areas
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio: