Comcast Ventures
| File:Comcast Ventures logo.png | |
| Company type | Private |
|---|---|
| Industry | Private equity |
| Founded | 1999 |
| Defunct | November 2020  |
| Headquarters | , |
Key people | Amy Banse (Head of Funds) Gil Beyda Andrew Cleland Sam Landman Dinesh Moorjani Rick Prostko Dave Zilberman Daniel Gulati Kim Armor |
| Parent | Comcast |
| Website | www |
Comcast Ventures is a corporate venture capital firm headquartered in San Francisco, California[1] with 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, Dave Zilberman, Daniel Gulati, and Kim Armor.[3]
History
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] In January 2020, NBA Champion Andre Iguodala joined the Catalyst Fund as a Venture Partner.[6]
Investments
Comcast has been ranked the 4th Corporate Startup Investor in the World. In the past six years up to 2017, the corporation had invested in 105 early-stage companies.[7] These companies include Away (luggage),[8] CloudPassage,[9] Dandelion Energy[10] FanDuel,[11] Quantifind,[12] Slack Technologies,[13] Vox Media,[14] Yieldmo,[15] and ZeroFox.[16]
References
- ^ Matt Rosoff (December 12, 2011). "Comcast Has A Huge New Venture Fund, And This Woman Is Running It". Business Insider. Retrieved December 2, 2018.
- ^ Matt Rosoff (December 12, 2011). "Comcast Has A Huge New Venture Fund, And This Woman Is Running It". Business Insider. Retrieved December 2, 2018.
- ^ 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.
- ^ Matt Rosoff (December 12, 2011). "Comcast Has A Huge New Venture Fund, And This Woman Is Running It". Business Insider. Retrieved December 2, 2018.
- ^ 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.
- ^ Kevin Stankiewicz (February 14, 2020). "NBA champ and tech investor Andre Iguodala counts Zoom's triple since IPO as best investment". CNBC. Retrieved March 6, 2020.
- ^ Weiss, Haley (2017-06-19). "Comcast Ranked 4th Top Corporate Startup Investor in the World". Philadelphia Magazine. Retrieved 2019-11-15.
- ^ Tanya Klich (June 28, 2018). "Luggage Startup Away Raises $50M In Series C And Hits Profitability Within Two Years". Forbes. Retrieved December 2, 2018.
- ^ "Most Active VC's in the XR Space". Retrieved 2019-11-22.
- ^ "Dandelion Energy Closes $16 Million Series A Round To Expand Geothermal Energy". CleanTechnica. 2019-02-15. Retrieved 2019-04-26.
- ^ Darren Heitner (January 30, 2013). "Fantasy Sports Service, FanDuel, Secures $11 Million Investment; Includes Money From Comcast Ventures". Forbes. Retrieved February 16, 2014.
- ^ 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.
- ^ Katie Roof, Josh Constine (2015). "Slack is work chat's runaway train, raises $200M at $3.8B". Tech Crunch. Retrieved December 2, 2018.
- ^ staff (October 15, 2013). "Comcast Ventures-backed Vox Media Raises $34 Million". CityBizList Philadelphia. Archived from the original on February 22, 2014. Retrieved December 2, 2018.
- ^ "Gil Beyda - Comcast Ventures Managing Partner | Signal". Signal: where top founders find and get introduced to the right VCs. Retrieved 2019-11-27.
- ^ "ZeroFOX Secures $11M Series A Led by NEA to Combat Social Cyber Attacks". Wall Street Journal. 2014-04-30. ISSN 0099-9660. Retrieved 2019-11-29.
