On the back of strong exits, Nexus Ventures Partners has announced the close of its third fund with commitments of $270 million, taking the assets under management of the early-stage venture capital firm to nearly $600 million. The fund, which was raised in “couple of months”, has seen the return of all the existing limited partners, according to Nexus co-founder Naren Gupta. more…
Tag: Nexus
(Reuters) – When Google Inc decided to build its Nexus Q home entertainment device in Silicon Valley rather than in China, it was not fretting about the bottom line. It was fretting about speed.
“We wanted to innovate fast. This is the first end-to-end hardware product that Google has ever put out,” said more…
Google has disabled parts of its Wallet service as the company looks to address a high-profile security vulnerability.
The company said it has temporarily disabled the use of prepaid cards on its more…
