Bloomberg Beta Launches With $75M Fund

Bloomberg, the provider of financial news and data, has launched a $75 million early-stage fund called Bloomberg Beta. Bloomberg is the sole LP in the fund. In announcing the fund, Bloomberg Beta has disclosed it has already invested in Newsle, Nodejitsu, Codecademy, Errplane and ProsperWorks. Bloomberg Beta will operate in offices on both coasts with Roy Bahat, an entrepreneur and former board member of Flixster, leading the firm from the San Francisco-based locale.

5 June 2013•5 mins read
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