By Camille Ricketts
The Plug and Play Tech Center, a Palo Alto, Calif., accelerator program that provides office space, mentorship and a fundraising springboard for about 200 startups in the Silicon Valley, says it plans to raise $20 million for its own seed investment fund, to be called Plug and Play LLC. And it’s looking to its partners and several other capital firms — Draper Fisher Jurvetson and Sequoia Capital among them — to make it happen.
It seems the time is ripe for this type of operation, with many larger firms opting to provide small, early-stage amounts to young companies. (more)
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment