Telefónica Ventures, the corporate venturing unit of Spain-based telecommunications group Telefónica, has co-invested in Spanish cybersecurity company Blueliv as part of a first round of venture funding for the company worth EUR 2.5m ($3.22m).
This makes Blueliv the first example of joint investment between Kibo Ventures, a branch of the Amerigo Venture Capital network sponsored by Telefónica, and Telefónica Ventures. Telefónica will also endorse the company’s potential through Telefónica Digital and its subsidiaries in Europe and Latin America, by including…