Nokia's venture capital arm Nokia Growth Partners (NGP), which was founded back in 2005 and invests in mobile-related ventures in the U.S., Europe and Asia, has launched its third fund -- back by a further $250 million long term commitment from Nokia. The VC firm is also expanding its presence in China with the appointments of David Tang as MD and Lu Guo as principal. Source: http://feedproxy.google.com/~r/Techcrunch/~3/H0hac4vo2Ww/
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