Wednesday, January 18, 2012

South African VC Firm Debuts $200M US Fund, Invests $30M In ?The Jetstream?

jetstreamA South African venture capital firm by the name Quantum Capital Fund (QCF) this morning officially launched a $200 million fund in the United States. QCF's first investment in a US technology venture is a $30 million capital injection into The Jetstream, a mysterious company that is working on a "social media network targeted to a wide variety of people who are on a journey to self-discovery".

Source: http://feedproxy.google.com/~r/Techcrunch/~3/sxnzGdtrl5A/

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