WndrCo is a holding company based in Los Angeles, California and San Francisco, California focused on investing in, acquiring, developing and operating consumer technology and digital media businesses. The company was founded in 2017 by Ann Daly (for president of DreamWorks Animation), Sujay Jaswa (former CFO of DropBox) and Jeffrey Katzenberg. Jeffrey Katzenberg formed WndrCo after exiting DreamWorks Animation Studio after it was purchased by Comcast, and is going to be modelling WndrCo after Barry Diller's IAC.
On June 26, 2017 WndrCo completed raising funds for their first investment fund. The company raised a total of $591.5 million in capital. The fund will be used to invest in consumer technology and digital media businesses. The capital came from 18 undisclosed investors that had a minimum investment from outside investors of $25 million.
Raised capital for first investment fund
On June 26, 2017 WndrCo completed raising funds for their first investment fund. The company raised a total of $591.5 million in capital.
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Jeffrey Katzenberg Raises $600 Million for New Venture, WndrCo
January 26, 2017
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