Saturday, March 6, 2021
  • Setup menu at Appearance » Menus and assign menu to Top Bar Navigation
Advertisement
  • AI Development
    • Artificial Intelligence
    • Machine Learning
    • Neural Networks
    • Learn to Code
  • Data
    • Blockchain
    • Big Data
    • Data Science
  • IT Security
    • Internet Privacy
    • Internet Security
  • Marketing
    • Digital Marketing
    • Marketing Technology
  • Technology Companies
  • Crypto News
No Result
View All Result
NikolaNews
  • AI Development
    • Artificial Intelligence
    • Machine Learning
    • Neural Networks
    • Learn to Code
  • Data
    • Blockchain
    • Big Data
    • Data Science
  • IT Security
    • Internet Privacy
    • Internet Security
  • Marketing
    • Digital Marketing
    • Marketing Technology
  • Technology Companies
  • Crypto News
No Result
View All Result
NikolaNews
No Result
View All Result
Home Internet Security

B Capital shores up $820M in second fund

July 1, 2020
in Internet Security
B Capital shores up $820M in second fund
585
SHARES
3.3k
VIEWS
Share on FacebookShare on Twitter

B Capital Group has shored up $820 million in its second fund, which it says comes amidst a new digital era where entrepreneurs will be looking for ways to drive connectivity. It will be tapping the funds to invest in growth-stage startups, pumping up to $60 million in companies pipped for expansion. 

The venture capital firm currently has a portfolio spanning nearly 30 companies in Asia, where it has invested in companies such as Ninja Van and Carro, as well as Europe and the US. The latest fund injection pushes the total assets under its management to $1.44 billion. 

You might also like

Zigbee inside the Mars Perseverance Mission and your smart home

FTC joins 38 states in takedown of massive charity robocall operation

Accellion zero-day claims a new victim in cybersecurity company Qualys

It also comes at a time where, driven by the COVID-19 pandemic, markets worldwide are heading towards a new digital age and realising the need to do things differently, the VC firm said in a statement Tuesday. 

B Capital’s co-founder and managing partner Raj Ganguly said: “Although technology is already embedded in nearly every sector and aspect of daily life, the last three months show us there is still extensive unmet need when it comes to digitisation. We believe the next ten years will see a major shift in innovation, as entrepreneurs examine industries and practices from new angles and find ways to accelerate connectivity between systems, companies, and people.”

Ganguly set up B Capital in 2014 alongside Facebook co-founder Eduardo Saverin, who is based in Singapore, steering the VC firm towards investments in enterprise technology, including cybersecurity and artificial intelligence, as well as fintech, healthcare, logistics, and transportation. Besides Carro and Ninja Van, Capital B also has pumped funds into crowdsourced cybersecurity testing platform, Synack, and Bangalore-based Khatabook, which helps local businesses digitalise their bookkeeping and payments.

B Capital said it typically invested $10 million to $60 million in startups at their Series B, C, and D stages and poised for expansion. “At a pivotal moment when companies of all sizes are navigating economic uncertainty, thin margins, and novel challenges, B Capital looks to invest in companies that have a competitive edge due to superior technology, strong customer value-proposition, and the ability to scale rapidly into new sectors and regions,” it said. 

B Capital has offices in Singapore, San Francisco, Los Angeles, and New York. 

RELATED COVERAGE

Credit: Zdnet

Previous Post

Couchbase joins the cloud database party

Next Post

JavaScript in SVGs

Related Posts

Zigbee inside the Mars Perseverance Mission and your smart home
Internet Security

Zigbee inside the Mars Perseverance Mission and your smart home

March 6, 2021
FTC joins 38 states in takedown of massive charity robocall operation
Internet Security

FTC joins 38 states in takedown of massive charity robocall operation

March 5, 2021
Accellion zero-day claims a new victim in cybersecurity company Qualys
Internet Security

Accellion zero-day claims a new victim in cybersecurity company Qualys

March 5, 2021
GAO report finds DOD’s weapons programs lack clear cybersecurity guidelines
Internet Security

GAO report finds DOD’s weapons programs lack clear cybersecurity guidelines

March 5, 2021
With its acquisition of Auth0, Okta goes all in on CIAM
Internet Security

With its acquisition of Auth0, Okta goes all in on CIAM

March 5, 2021
Next Post
How to Change the WordPress Admin Login Logo

JavaScript in SVGs

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Plasticity in Deep Learning: Dynamic Adaptations for AI Self-Driving Cars

Plasticity in Deep Learning: Dynamic Adaptations for AI Self-Driving Cars

January 6, 2019
Microsoft, Google Use Artificial Intelligence to Fight Hackers

Microsoft, Google Use Artificial Intelligence to Fight Hackers

January 6, 2019

Categories

  • Artificial Intelligence
  • Big Data
  • Blockchain
  • Crypto News
  • Data Science
  • Digital Marketing
  • Internet Privacy
  • Internet Security
  • Learn to Code
  • Machine Learning
  • Marketing Technology
  • Neural Networks
  • Technology Companies

Don't miss it

Machine learning the news for better macroeconomic forecasting
Machine Learning

Reducing Blind Spots in Cybersecurity: 3 Ways Machine Learning Can Help

March 6, 2021
5 Tech Trends Redefining the Home Buying Experience in 2021 | by Iflexion | Mar, 2021
Neural Networks

5 Tech Trends Redefining the Home Buying Experience in 2021 | by Iflexion | Mar, 2021

March 6, 2021
Zigbee inside the Mars Perseverance Mission and your smart home
Internet Security

Zigbee inside the Mars Perseverance Mission and your smart home

March 6, 2021
Mazafaka — Elite Hacking and Cybercrime Forum — Got Hacked!
Internet Privacy

Mazafaka — Elite Hacking and Cybercrime Forum — Got Hacked!

March 6, 2021
Autonomous Cars And Minecraft Have This In Common  
Artificial Intelligence

Autonomous Cars And Minecraft Have This In Common  

March 5, 2021
The ML Times Is Growing – A Letter from the New Editor in Chief – Machine Learning Times
Machine Learning

Explainable Machine Learning, Model Transparency, and the Right to Explanation « Machine Learning Times

March 5, 2021
NikolaNews

NikolaNews.com is an online News Portal which aims to share news about blockchain, AI, Big Data, and Data Privacy and more!

What’s New Here?

  • Reducing Blind Spots in Cybersecurity: 3 Ways Machine Learning Can Help March 6, 2021
  • 5 Tech Trends Redefining the Home Buying Experience in 2021 | by Iflexion | Mar, 2021 March 6, 2021
  • Zigbee inside the Mars Perseverance Mission and your smart home March 6, 2021
  • Mazafaka — Elite Hacking and Cybercrime Forum — Got Hacked! March 6, 2021

Subscribe to get more!

© 2019 NikolaNews.com - Global Tech Updates

No Result
View All Result
  • AI Development
    • Artificial Intelligence
    • Machine Learning
    • Neural Networks
    • Learn to Code
  • Data
    • Blockchain
    • Big Data
    • Data Science
  • IT Security
    • Internet Privacy
    • Internet Security
  • Marketing
    • Digital Marketing
    • Marketing Technology
  • Technology Companies
  • Crypto News

© 2019 NikolaNews.com - Global Tech Updates