|
Re-posted from Suzanne Dingwall Williams blog at Venture Law Lines Just before Christmas I was out to dinner with a group that included Q1 Capital’s Mike Middleton, some US VCs and Vancouver’s Paul Lee. Paul was originally part of Distinctive Software, a Canadian game developer purchased by Electronic Arts. He stayed with EA for more than 10 years post-acquisition, rising to President of EA Studios before leaving to form Vanedge which, he explained to me, was going to be a new investment vehicle that he and his friends put together to invest in early stage digital media plays. As it turns out, Paul has quite a few friends. PE Hub reports today that Vanedge is about to close the first $100 million in commitments from partners that reportedly include EA, BDC and EDC. I am wishing I’d put my wine on his tab. Interactive folks – this is the team to get to know. More later. |
Posted on 15:06, January 21st, 2010 by 
Tags: 
Posted in 
Vancouver Venture Firm Is In The Game with EA
Game maker Electronic Arts is poised to invest in a newly-formed, $200 million Canadian venture capital fund made up of former EA employees, peHUB has learned. The firm, called VanEdge Capital, expects to hold its first close on $100 million from six limited partners, including EA, later this month
http://www.pehub.com/61381/vancouver-vc-firm-is-in-the-game-with-ea/