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Bloomberg Launches Technology Venture Capital Fund

Thursday, June 6, 2013 5:19:00 AM PDT | VentureDeal

San Francisco, California  --  Bloomberg L.P. announced the launch of a new $75 million venture fund.

Called Bloomberg Beta, the fund will operate as a separate entity and will select early-stage companies independently of any possible business relationship with Bloomberg L.P.

The fund's initial focus will be on companies producing data insights and "making the experience of work better."

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