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Silicon Valley has a new venture capital group, and this one wants to invest in development firms that are making apps for Google Glass. The Glass Collective is a joint venture among Google Ventures, Andreessen Horowitz and Kleiner Perkins Caufield & Byers (KPCB). “The exciting part about today’s announcement of the Glass Collective is that just like with the Internet and smartphones, a huge amount of that work will be done by third-party developers, who are going to have in Glass a brand new platform and springboard for creativity to play with,” blogged Marc Andreessen of Andreesen Horowitz.
The Glass Collective website advises, “To work with the Glass Collective, contact investors at Google Ventures, Andreessen Horowitz, or KPCB. Investing partners from each fund will jointly review startup pitches related to Glass.”
