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venture capital

Publicis Groupe and Orange buy into financier Iris to kick start OP venture capital investments

Publicis Groupe and Orange buy into financier Iris to kick start OP venture capital investments

By Stephen Foster on March 12, 2012

Publicis Groupe and France Telecom’s Orange have advanced their plans to set up a big new tech and new media venture capital fund by teaming up with Iris Capital Management in a deal with sees PG and FT taking a 24.5 per cent stake each in Paris-based Iris. PG and Orange will contribute €150m to [...]

Posted in Agencies, Clients, Finance, News, Politics | Tagged europe, france, france telecom, iris capital management, Maurice Levy, new media, op, op ventures global, orange, publicis groupe, seed capital, silicon valley, technology, venture capital, vivaki

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