02/28/2006
Lightspeed and Gemini initiate Web 2.0 Lab to invest in Israeli internet startups
Lightspeed Venture Partners and Gemini Israel Funds initiate Web 2.0 Lab that intend to support 7-10 emerging Internet startups with an initial investment of up to $1 million each. The new Lightspeed -- Gemini Internet Lab will focus on investments in technologies related to the Internet and Web 2.0, which develops by seed stage companies with operations in Israel.
Gemini Partner Danny Cohen and General Partner Tali Aben together with Lightspeed General Partners Ravi Mhatre and Jake Seid will lead the initiative. The two venture funds plan to quickly seed good ideas and than expose them to the Internet community in Silicon Valley.
07:15 Posted in Venture Capital | Permalink | Comments (0) | Email this | Tags: internet, Web 2.0, Israel, Gemini Fund, venture capital
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