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Short Take: Denver VC firm starts new media fund

Denver-based venture capital firm Telecom Partners said it has created a $125 million fund that will be used to invest in telecommunications and electronic media companies. The fund, to be called Telecom Partners II, will be Colorado's second-largest venture capital fund. Telecom Partners previously has invested in companies such as Verio, Formus Communications, and InfoBeat.

Denver-based venture capital firm Telecom Partners said it has created a $125 million fund that will be used to invest in telecommunications and electronic media companies. The fund, to be called Telecom Partners II, will be Colorado's second-largest venture capital fund. Telecom Partners previously has invested in companies such as Verio, Formus Communications, and InfoBeat.