Quantum Capital Launches $200M US Tech Venture Fund

Law360, New York (January 18, 2012, 7:18 PM EST) -- South African venture capital firm Quantum Capital Fund, which focuses on technology investments, has started its first-ever U.S.-based operation with the launch of a $200 million fund, the company announced on Wednesday.

QCF's new fund will be led by Arnold Magcale, the company's chief information officer, and will be headquartered in Santa Clara, Calif. Its first stateside venture will be a $30 million investment in The Jetstream, a new social media network that is the brainchild of QCF founder and Chairman Julian Pencilliah, the company said....
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