<a href="http://online.wsj.com/article/SB121747323523899779.html">The Wall Street Journal</a>, <a href="http://www.techcrunch.com/2008/07/30/nokia-plunks-another-150-million-into-venture-fund">TechCrunch</a>

Jim Manico, OWASP Global Board Member

July 31, 2008

1 Min Read

Google is reportedly planning to launch a venture-capital arm, joining high-tech names like Intel and Motorola in discovering and growing new companies.This wouldn't be the first time Google has considered building out a VC group. According to several people briefed about the discussions, Google SVP David Drummond will lead the group, plus the company has hired William Maris, an entrepreneur and investor, to help structure the division. Like Amazon, Google has does some informal funding; the search giant has traditionally favored buying new companies rather than investing in them. For its part, Google hasn't commented.

Meanwhile, Nokia has added $150 million into Nokia Growth Partners, which focuses on up-and-coming mobile companies. The company said it wants to find emerging Internet services that are coming out of China and India.The Wall Street Journal, TechCrunch

About the Author(s)

Jim Manico

OWASP Global Board Member

Jim Manico is a Global Board Member for the OWASP foundation where he helps drive the strategic vision for the organization. OWASP's mission is to make software security visible, so that individuals and organizations worldwide can make informed decisions about true software security risks. OWASP's AppSecUSA<https://2015.appsecusa.org/c/> conferences represent the nonprofit's largest outreach efforts to advance its mission of spreading security knowledge, for more information and to register, see here<https://2015.appsecusa.org/c/?page_id=534>. Jim is also the founder of Manicode Security where he trains software developers on secure coding and security engineering. He has a 18 year history building software as a developer and architect. Jim is a frequent speaker on secure software practices and is a member of the JavaOne rockstar speaker community. He is the author of Iron-Clad Java: Building Secure Web Applications<http://www.amazon.com/Iron-Clad-Java-Building-Secure-Applications/dp/0071835881> from McGraw-Hill and founder of Brakeman Pro. Investor/Advisor for Signal Sciences.

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