Odeon Closes First Venture Fund at $115m.
Odeon's plan is to invest from $3m to $5m in roughly 30 to 35 early and select later-stage funding rounds. It will focus on internet companies, and networking companies that enable e- commerce and has already invested roughly $14m in nine start-ups. Odeon's structure includes an advisory board and a network of consulting and strategic partners, including the likes of current or retired CEOs and marketing executives, for example, to assist young companies in the execution of their business plans.
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|Date:||Aug 19, 1999|
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