Velocity Interactive Group, a venture fund managing around $1.4 billion in investments that was known as ComVentures until November 2007, has changed its name to Fuse Capital. Separately, the fund is announcing the formation of a new venture fund with Best Buy focusing on digital media investments. The size of the new fund is not being disclosed.
Fuse Capital was rocked in March when partner Jonathan Miller left to head up News Corp.’s newly formed Digital Media group.
not to be confused with the drink Fuze, the cable network Fuze, or the application Vuze.
Why is it special? What companies it funded?
by: stock traders blog
haha, I completely agree with you. I was just thinking that so many companies have Fuse or Fuze in them. its ridiculous.
theirs a drink?
Their India office is in Ahmedabad which is not a destination where any start-ups or VCs operate out of!!
The new logo is remarkably similar to that of Comergent, a B2B company that didn’t become part of the Dot Com boom the first time around.
See: http://naming.c...s/comergent.gif
don’t know why but I really dislike this logo.
Even closer to Ubisoft.
http://ubi.com
any word why they’ve changed their name?
Sounds more like a high energy sports drink to me…
Why would people even care about the name and logo? The only thing people care about with companies like this is their money. It’s like a hooker that wants to tell you her life story. Just shut up because you’re only here for one thing! I know that sounds cold, but let’s be honest. We only care about these people’s money.
i think they do great job by change such bad name to more proof name
Same advice goes for people that have a hard time getting job interviews. Use a more North American sounding name. That’s NOT racist, it will just increase your job chances. Your ancestors did it. Swallow your pride.
edit:
thats
Fuse
Fuse
Fuze
and
Vuze
Fuse call me, four one five, Seven Fifty, nineteen twenty one. I can give more.
If Fuse is working with Rick Rommel at Best Buy, this could work. Rick really understands professional integrity and how to get people inside Best Buy focusing on people outside Best Buy, and that is the key.
Check out the profile on Rick at: http://thethree...-1-rick-rommel/
ohhhhhhh the power of a good domain name. ross levinson should know he was involved in myspace.com. would myspace be where it is today if it was named twipe.com. everyone is changing their domain name. Velocity Interactive Group does not sound like a venture fund. success requires talented technologists and a strategic multichannel digital media landscape (domain names) to build on. having a garbled portfolio of domains that lack strategic cohesion will never work. very exciting that bestbuy is getting in the digital media game better late than never. truth is there is only a handfull of startup game changers out there…lets hope they can locate one. best of skill to fuse.
CapitalDomain.com – appreciation matters
ComVentures had a horrible reputation so they changed their name as a way of hiding it. I’d STRONGLY suggest that entrepreneurs INVESTIGATE some partners of this group VERY carefully. Many have pasts that no entrepreneur will like.
Clearly Best Buy didn’t do much diligence on Roland van de Meer… not only are his investment returns abysmal (not a single good exit in the last 10 yeas), but he is reviled by other VC’s and entrepreneurs alike. He is that unique creature that is universally despised!!
Jon Miller recognized his mistake and jumped ship. Ross Levinsohn apparently doesn’t have any other good options!
Given “key man” issues – I’m only shocked that their LP’s haven’t pulled the plug. It speaks volumes about the passivity of LP’s.
@ Arrington
Mike – where is the rest of the article?
What a f**king waste of my mouse click…
I hope you guys don’t lose sight of the importance of *quality* over *quantity* of postings…