Thursday, January 22, 2015

Orange Launches Digital Ventures

Orange is lauching an “early stage” investment program branded Orange Digital Ventures. It will  identify and fund start-ups during their initial development as well as provide the  strategic relationships needed for them to become valuable companies.

Orange said it plans to focus its investments on start-ups working on the new and next transformations of the telecoms and digital  sectors. Orange Digital Ventures will support in particular start-ups in  the fields of communication, connectivity, the cloud, payment, the  Internet of Things and big data, e-Health and security services  developing innovative solutions and technologies as well as inventing  new business models.

Orange Digital Ventures has earmarked 20 million Euros for its first  year.