Orange Invests in Tech Startups via New Funding Rounds
February 20 2018 - 6:25AM
Dow Jones News
By Marc Navarro Gonzalez
France's Orange (ORA.FR) on Tuesday said that it has
participated in new funding rounds for tech startups Morphisec and
NGD Systems.
The French telecommunications company said the investments were
made through Orange Digital Ventures, a fund it launched in 2015 to
invest in early-stage companies.
The Series B financing rounds for Israeli cybersecurity startup
Morphisec and U.S. computational storage company NGD Systems have
raised 12 million dollars and $12.4 million, respectively.
Orange didn't disclose the size of its investments.
Write to Marc Navarro Gonzalez at marc.navarro@dowjones.com
(END) Dow Jones Newswires
February 20, 2018 06:10 ET (11:10 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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