Short Take: McAfee forms venture fund, stakes two start-ups

Network Associates unit McAfee Software has formed a new Internet venture fund, named Vulcan, that has taken a stake in two startups. NeoPlanet and DirectWeb have each received an undisclosed sum from the new venture arm and have received placement on McAfee's portal under the partnership.

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

Network Associates unit has formed a new Internet venture fund, named Vulcan, that has taken a stake in two startups. NeoPlanet and DirectWeb have each received an undisclosed sum from the new venture arm and have received placement on McAfee's portal under the partnership.