Verizon Ventures is a corporate venture capital company from Basking Ridge, New Jersey (United States) focusing on companies that are able to drive innovation in Verizon Communications Inc, its parent company. Founded in 1990, this company provides funding for seed, early-stage, and late-stage ventures.
Verizon Ventures is interested in investing in early-stage businesses that work with connected devices, hardware, media, entertainment, commerce, infrastructure, networking, data and analytics. The firm gives support to its portfolio companies with innovation, product development, market planning and sales, and access to the networks and platforms of Verizon Communications. The firm's deal size ranges from seed capital to $5 million, dependent on the needs and opportunities, and often the firm co-invests with other venture firms and strategic partners.
In the different industries where Verizon Ventures invests, it seeks investments that can build long-term relationships and foster collaboration between founders and Verizon, to accelerate growth and commercialization for both entities.
Verizon Ventures looks to invest in companies developing or offering the following network technologies:
- 5G network technologies
- Next generation radios
- Network virtualization and slicing
- Mobile edge compute
- Next generation transport and switching
- Management, orchestration, and automation
In media, Verizon Ventures looks to invest in companies developing or offering immersive entertainment, such as artificial intelligence, virtual reality or mixed reality experiences, and video intelligence. In business services, Verizon Ventures looks for companies developing software as a service for security, privacy, and mobility, big data analytics, and real-time enterprise. In consumer technologies, Verizon Ventures looks to invest in companies developing or offering the following:
- Smart home
- Immersive entertainment
- Financial technology
- Sports technology
- Healthcare technology
- Live streaming