Venture capital scheme to back tech start-ups - SMH
1st Feb 13
By Mahesh Sharma
AVCAL member Starfish Ventures’ partner Tony Glenning speaks to Fairfax Media's IT Pro about launching Techfund III later in 2013, which will be used to invest between $3 and $15 million in established tech start-ups. The $100 million fund will succeed Starfish’s $185 million Techfund II and will provide capital to several web and mobile companies. Last year Starfish invested around $30 million in 10 companies including Scriptrock, Atmail and MetaCDN.