Telecommunications firm NTT is partnering venture capitalist Vab Goel on a venture firm that just co-led a series B round for wireless technology provider Celona.
NTTVC, a US-based venture capital firm co-founded by Japan-headquartered telecommunications firm NTT and Vab Goel, a former partner at VC firm Norwest Venture Partners, publicly launched yesterday with $500m.
The $500m total represents the amount of capital in NTTVC’s debut fund. It is stage-agnostic and will invest across a range of areas including digital health, enterprise software and technology powered by big data, artificial intelligence and machine learning.
The firm will also offer its portfolio companies access to NTT’s executives,…
