The venture fund run by Iris Capital joins up with Deutsche Telekom's T-Venture backing MyThings' $15m round.
The Orange-Publicis Venture Fund launched last week sealed its first deal yesterday, leading advertising company MyThings’s $15m round.
The Orange-Publicis fund, managed by venture firm Iris Capital, was joined by Deutsche Telekom’s corporate venturing unit T-Venture and venture firms Accel Partners and Carmel Ventures backing the company.
It emerged last week that Iris would be managing the $400m fund on behalf of France Télécom-Orange, the telecommunications company, and France-based advertiser Publicis Groupe. Other backer of MyThings are investment bank GP…