The corporate venturing unit, which was set up in March, had done one deal before its parent was bought by WPP.

The corporate venturing unit of US-based digital advertising company Rockfish Interactive will continue to do deals after its parent was sold to UK-based marketing company WPP.

Rockfish Brand Ventures was launched in March this year. While its parent has been sold for an undisclosed sum, one of its board members said the corporate venturing unit would continue doing deals.

Dave Knox, also chief marketing officer at Rockfish, said: "The Brand Ventures unit will not be impacted and we will be…