Comcast Ventures

Comcast Ventures
TypePrivate
IndustryPrivate equity
Founded1999; 24 years ago (1999)
DefunctNovember 2020 Edit this on Wikidata
Headquarters,
Key people
Amy Banse
(Head of Funds)
ParentComcast
Websitewww.comcastventures.com

Comcast Ventures was a corporate venture capital firm headquartered in San Francisco, California.

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.

In 2012, Comcast Ventures set up the Catalyst Fund with $20 million under management to invest in underrepresented entrepreneurs. In January 2020, NBA Champion Andre Iguodala joined the Catalyst Fund as a Venture Partner.

In November 2020, Comcast announced its venture arm would be folded into the corporate business division led by Sam Schwartz. Between 2011 and 2020, Amy Banse was the Managing Director and Head of Funds. The firm’s partners also included Gil Beyda, Andrew Cleland, Sam Landman, Dinesh Moorjani, Rick Prostko, Dave Zilberman, Daniel Gulati, and Kim Armor.

Investments

Comcast has been ranked the 4th Corporate Startup Investor in the World.[citation needed] In the past six years up to 2017, the corporation had invested in 105 early-stage companies. These companies include Away (luggage), CloudPassage, Dandelion Energy FanDuel, Quantifind, Slack Technologies, Vox Media, Yieldmo, and ZeroFox.


This page was last updated at 2023-10-31 23:09 UTC. Update now. View original page.

All our content comes from Wikipedia and under the Creative Commons Attribution-ShareAlike License.


Top

If mathematical, chemical, physical and other formulas are not displayed correctly on this page, please useFirefox or Safari