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Comcast Ventures is a corporate venture capital firm headquartered in San Francisco, California[1] and has offices in New York and Pennsylvania. Since 2011, Amy Banse has been the Managing Director and Head of Funds.[2] The firm’s partners also include Gil Beyda, Andrew Cleland, Sam Landman, Dinesh Moorjani, Rick Prostko, David Zilberman, Daniel Gulati, and Kim Armor. [3]

Comcast Ventures
Private
IndustryPrivate equity
Founded1999; 20 years ago (1999)
Headquarters,
Key people
Amy Banse (Head of Funds), Gil Beyda, Andrew Cleland, Sam Landman, Dinesh Moorjani, Rick Prostko, David Zilberman, Daniel Gulati, Kim Armor
ParentComcast
Websitewww.comcastventures.com

HistoryEdit

In early 2011, Comcast and NBCUniversal combined their two venture arms, Comcast Interactive Capital founded in 1999 and the Peacock Fund, to form Comcast Ventures. [4]

In 2012, Comcast Ventures set up the Catalyst Fund with $20 million under management to invest in underrepresented entrepreneurs. [5]

InvestmentsEdit

Comcast has been ranked the 4th Corporate Startup Investor in the World. In the past six years, the corporation has invested in 105 early-stage companies. [6] These companies include Away (luggage),[7] Dandelion Energy,[8] FanDuel,[9] Madison Reed,[10] Quantifind,[11] Slack Technologies,[12] and Vox Media.[13]

ReferencesEdit

  1. ^ Matt Rosoff (December 12, 2011). "Comcast Has A Huge New Venture Fund, And This Woman Is Running It". Business Insider. Retrieved December 2, 2018.
  2. ^ Matt Rosoff (December 12, 2011). "Comcast Has A Huge New Venture Fund, And This Woman Is Running It". Business Insider. Retrieved December 2, 2018.
  3. ^ Shona Ghosh (October 7, 2017). "Diversity is a massive problem in Silicon Valley — meet the fund backing underrepresented entrepreneurs". Business Insider. Retrieved December 2, 2018.
  4. ^ Matt Rosoff (December 12, 2011). "Comcast Has A Huge New Venture Fund, And This Woman Is Running It". Business Insider. Retrieved December 2, 2018.
  5. ^ Shona Ghosh (October 7, 2017). "Diversity is a massive problem in Silicon Valley — meet the fund backing minority entrepreneurs". Business Insider. Retrieved December 2, 2018.
  6. ^ Weiss, Haley (2017-06-19). "Comcast Ranked 4th Top Corporate Startup Investor in the World". Philadelphia Magazine. Retrieved 2019-11-15.
  7. ^ Tanya Klich (June 28, 2018). "Luggage Startup Away Raises $50M In Series C And Hits Profitability Within Two Years". Forbes. Retrieved December 2, 2018.
  8. ^ "Dandelion Energy Closes $16 Million Series A Round To Expand Geothermal Energy". CleanTechnica. 2019-02-15. Retrieved 2019-04-26.
  9. ^ Darren Heitner (January 30, 2013). "Fantasy Sports Service, FanDuel, Secures $11 Million Investment; Includes Money From Comcast Ventures". Forbes. Retrieved February 16, 2014.
  10. ^ "Madison Reed". Crunchbase. Retrieved 2019-04-26.
  11. ^ Gina Hall (February 24, 2016). "Marketing insight platform Quantifind raises $30M and will double Menlo Park staff". Silicon Valley Business Journal. Retrieved December 2, 2018.
  12. ^ Katie Roof, Josh Constine (2015). "Slack is work chat's runaway train, raises $200M at $3.8B". Tech Crunch. Retrieved December 2, 2018.
  13. ^ staff (October 15, 2013). "Comcast Ventures-backed Vox Media Raises $34 Million". CityBizList Philadelphia. Archived from the original on December 2, 2018. Retrieved December 2, 2018.

External linksEdit