Norwest Venture Partners' Vab Goel is overseeing a $500m US fund that has been closed by Japanese telecommunications firm NTT.
Japan-headquartered telecommunications group NTT has raised $500m for a US-based corporate venturing fund, according to a regulatory filing earlier this week.
The fund, NTT Venture Capital, is helmed by Vab Goel, who is still listed as a general partner at Norwest Venture Partners, the VC firm entirely funded by financial services firm Wells Fargo.
Goel’s speciality areas include mobile, cloud, networking, security and internet technology. His investments at Norwest, which he joined in 2000, include cloud networking and security software…
