Google Venture Fund Could Widen Channel

 
 
By Lawrence Walsh  |  Posted 2009-04-02
 
 
 
Google created a venture capital fund to back startup companies developing innovative products in Internet services, software, hardware, green IT, clean energy technologies, biotechnologies and health care.

"We think we can find young companies with truly awesome potential and encourage their development into successful businesses," wrote Bill Maris and Rich Miner, the two executives charged with leading the venture fund, in a post on Google's blog.

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