Crestlight Ventures Launches The Connected Industry Fund™

CrestlightCrestlight Ventures, a Palo Alto, California-based venture capital firm, launched a new initiative focused on the Internet of Things.

Led by Managing Partners David Borlo and Jens Hortsmann, The Connected Industry Fund™ will focus on making investments in startups providing business solutions in areas such as supply chain management, inventory replenishment, transportation, security, big-data, advanced analytics, machine learning and other critical areas that drive value in retail and manufacturing.

The firm’s portfolio will benefit from an operational venture model called Lean Equity for Startups™.

Crestlight Ventures has already invested in Content Saavy, which was recently acquired by SmartFocus, Buddy and others through its Crestlight Fund I.

FinSMEs

23/09/2014

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