Constellation's VMS Ventures will invest in software businesses.
Constellation Software, a Toronto-listed tech firm, has become the latest Canadian group set up a corporate venture capital fund.
Constellation has set up VMS Ventures to provide $200m over a three-to-five-year period for software businesses, most of which will have been either incubated or identified by a sponsoring Constellation business unit.
While Constellation already invests in dozens of small initiatives and will continue to do so, VMS Ventures under managing partner Daan Dijkhuizen will invest in larger initiatives.
Mark Leonard,…
