Friday, July 7, 2017

AT&T Launches $200M Venture Capital Fund

Dallas-based AT&T has launched its very own venture capital investment fund, where it will invest up to $200M in startups in the connected services and platform area. AT&T, which announced the new fund on Thursday, said it is working with Coral Group to launch and invest in those startups. AT&T specifically said its new fund will invest in technology that run on the Open Network Automation Platform (ONAP), which was developed by AT&T Labs.