Skype founders raise funds for European start-ups

Niklas Zennström and Janus Friis' company Atomico is looking for early-stage companies that can provide "outsized returns."

Niklas Zennström and Janus Friis have raised $165 million to invest in European start-up technology companies, the Skype co-founders said Monday.

The raising of these funds will be invested through Zennström and Friis' venture capital vehicle, Atomico, which they formed in 2006. This will be London-based Atomico's second wave of investment, and their first concentrated on Europe.

Atomico said it will invest in early-stage, high-growth technology companies that can provide "outsized returns" over the long term.

Read more of "Skype founders raise £110m for European start-ups" at ZDNet UK.

 

Join the discussion

Conversation powered by Livefyre

Don't Miss
Hot Products
Trending on CNET

HOT ON CNET

Mac running slow?

Boost your computer with these five useful tips that will clean up the clutter.