Thursday, April 11, 2013

Glass Collective Aims At Funding Next Big Thing

A new, joint venture capital partnership--backed by Google Ventures, Andreessen Horowitz, and Kleiner Perkins Caufield & Byers, is looking to fund startups spawned out of Google's Glass platform, the three said Wednesday. The companies said the Glass Collective investment syndicate will provide financing and support to entrepreneurs developing products around the Glass platform, but did not disclose any other details on the partnership. Size of the fund behind the partnership was not announced.