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Short Take: Garage.com receives $27 million investment

Garage.com, which places early-stage investments in start-ups, has received $27 million in financing from a group of institutional and private investors. Sequoia Capital and Goldman Sachs are among the institutional investors. Private backers include MSD Capital--the investment arm of Michael Dell--and Charles Schwab and David Pottruck, co-CEOs of Charles Schwab.

Jan. 2, 2002 4:43 p.m. PT

Garage.com, which places early-stage investments in start-ups, has received $27 million in financing from a group of institutional and private investors. Sequoia Capital and Goldman Sachs are among the institutional investors. Private backers include MSD Capital--the investment arm of Michael Dell--and Charles Schwab and David Pottruck, co-CEOs of Charles Schwab.