Google Glass Gets An 'Investment Syndicate'

Chris CrumIT Management

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Google Ventures announced the launch of an "investment syndicate" aimed at funding entrepreneurs building interesting ideas for Google Glass. It's called the Glass Collective, and includes partners at Google Ventures, Andreessen Horowitz and Kleiner Perkins Caufield & Byers.

In a a blog post, Google Ventures VP Bill Maris wrote, "Glass is a potentially transformative technology. It’s a window into the world’s information, and a new way to share experiences with those you care about. Here at Google Ventures, my partners and I thought the potential for Glass was significant enough to invite our friends at Andreessen Horowitz and Kleiner Perkins Caufield & Byers to join us in exploring this big opportunity."

"Smart entrepreneurs and engineers are going to develop amazing experiences through Glass," he added.

"This is a platform so new, so unlike anything before, that we can’t guess what the killer apps will be," says John Doerr from KPCB. "But, believe me, they’re coming. The best ideas for the Glass platform will come from entrepreneurs — they always do.”

“The thesis of Glass is profoundly transformational," says Marc Andreessen from Andreessen Horowitz. "And as with the Internet and smartphones, a huge amount of work will be done by third-party developers to fully realize the Glass vision. Glass brings developers a new springboard for creativity and an amazing new platform to build the defining applications of the future.”

Those building for Google Glass (and this might be a good place to start) are encouraged to contact the Glass Collective partners. Investing partners from each fund will review startup pitches together.

The Glass Collective notes that they're not only looking for services, but also hardware for Glass.

Chris Crum
Chris Crum has been a part of the WebProNews team and the iEntry Network of B2B Publications since 2003. Follow Chris on Twitter, on StumbleUpon, on Pinterest and/or on Google: +Chris Crum.