Google Ventures Forms Investment Syndicate to Fund Glass

By
NEW YORK— Google Ventures, the venture capital arm of the internet search giant, announced Wednesday that it has formed an investment syndicate called the Glass Collective to provide funding for startups that are making apps for Glass, its soon to be released wearable computing device.

In addition to Google Ventures, the group consists of two major technology venture capital firms, Andreessen Horowitz and Kleiner Perkins Caufield & Byers. The three partners said they are seeking to provide “seed funding to entrepreneurs in the Glass ecosystem to help jump start their ideas.”