Velocity starts fund with Best Buy, gets new name

Velocity starts fund with Best Buy, gets new name

Velocity Interactive Group has already invested in a wide range of digital media companies, and it’s going to be doing more of that with the help of retailer Best Buy. The two are starting a fund together, targeting the same mobile, gaming, video, and other media-related startups as Velocity has been. Best Buy is going to be using its brick-and-mortar clout to help with the investment.

Separately, Velocity is changing its name to Fuse Capital due… Continue Reading