Google Ventures is reportedly being given more support by its parent company, through staff as well as firepower, as one of it portfolio companies gears up for a float.
The corporate venturing arm of Google is reportedly set to deploy up to $200m annually as it also makes moves to tap some of the talent at its parent.
Google Ventures has had its annual allocation to spend on start-ups doubled from $100m, according to news provider VentureWire article. Bill Maris, Google Ventures managing partner, said in the VentureWire article it did not mean the firm would deploy this amount but was a limit.
Google is also doubling…
