13-03-2017 11:31 via thedrum.com

Verizon Ventures and R/GA team up for joint media tech venture

Verizon Ventures, the telecom giant’s investment arm, has teamed up with advertising agency R/GA to launch a new media and tech venture studio.
Modelled on similar venture capital start-up programmes, the initiative will dish out advice and funding but will crucially also offer products and partnerships with R/GA.
This will take the form of a 14-week program open to up to 10 companies drawn from fields such as VR, AI and interactive advertising, who will each receive $100,000 in
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