Thursday, December 18, 2008

FTVentures Renames Itself FTV Capital

San Francisco- and New York-based venture capital and growth equity investor FTVentures has renamed itself, saying Thursday that it has become FTV Capital. According to the firm, the new brand better reflects its investing strategy. FTV said that it invests in multi-stage growth equity and venture capital, with a focus on business services, software and financial services companies. The firm said it has more than $1 billion in management across three funds.