Big Technology Investment

By: AP News Now Email
By: AP News Now Email

Nebraska Global says it raised $37.3 million for its new technology investment fund, including investments from several prominent people.

The company says the investment fund should be one of the biggest in the region. The fund will invest only in new or young software companies.

Nebraska Global told the Lincoln Journal Star the original goal was to raise $30 million, so they did better than expected and turned some investors away.

Nebraska Global says its investors include Jeff Skoll, former president of eBay, former Microsoft executive Jeff Raikes and the University of Nebraska Foundation.

The company plans to make investments in multiple companies that range from $100,000 to $5 million. Nebraska Global says it has already invested in three small software firms.


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