Ibm investment arm

Ibm investment arm

Rather, the products that used to give them dominance stopped mattering. A big rich company, a company that dominates the market for its product, and a company that dominates the broader tech industry are three quite different things. However, over the next decade it became obvious that the flood of PCs that followed the Apple 1 were going to overtake the mainframe. All of the focus of innovation, investment and company creation moved to the PC.

Ibm investment arm

Comcast's venture capital arm and IBM are set to support an investment fund for startups that help large companies use blockchain, a digital ledger that keeps a continuously growing list of linked and secured records.

Comcast Ventures will give funding to the investment fund, MState, while IBM will offer support services, Bloomberg first reported this week. Comcast, the Philadelphia-based telecommunications giant, said in June that it planned to use blockchain to help make video advertising more efficient. The fund will target startups aiming to provide blockchain support and solutions to corporations across multiple industries, Business Insider noted.

MState, which has locations in New York and San Francisco, reportedly plans to connect its startups with Fortune clients interesting in using blockchain. The technology is at the heart of Bitcoin , the volatile cryptocurrency that experienced a dramatic rise and ensuing fall in the stock market last month. A survey of nearly founders, executives, managers or IT personnel, published in July by Juniper Research, found that nearly six in 10 large corporations were either considering or were in the process of using blockchain.

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IBM Ventures has made 9 investments. Their most recent investment was on Apr 26, , when IFTTT raised $24M. How many investments has this. The venture arm of one of the most recognizable names in the tech industry hasn'​t yet put its money where its mouth is on blockchain – but that.

Corporate and startup innovation has been a key theme throughout her career. Wendy Lung, the managing director for IBM Ventures , has been a key person in building up a healthy base for many startups. She is a frequent advisor to Fortune clients on their innovation and ecosystem initiatives. Previously, she led marketing for IBM Telecommunication industry worldwide and for. She started her career in competitive sales in the small and medium business market.

Comcast's venture capital arm and IBM are set to support an investment fund for startups that help large companies use blockchain, a digital ledger that keeps a continuously growing list of linked and secured records.

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