‘We are witnessing the biggest podium shift yet in business technology and the
digital transformation of all type of industries is putting billions of dollars of value
in play, enabling exceptional founders to construct significant new companies’,
said Mr. Gaurav Garg.
Recently Wing Venture announced that it has closed wing two by 250 million
dollars second fund. Wing two has a backing of various worlds’ most classy
investors which include private foundations and premier universities. Gaurav Garg
and Peter Wagner are the co-founders of Wing Venture Capital. The wing is the
best breed venture capital firm dedicated to the early stage long-term company
building in business technology. The firm was founded in 2013 by both including
two veteran investors whose work includes many successful early stage
companies. Before Wing Gaurav and Peter were partners at sequoia Capital and
Accel partners. They have helped and build finance at some notable companies
such as Redback Networks, Nimble storage, jasper Wireless and FreEye.
Peter Wagner said’ The cornerstone of this is thoughtful craftsmanship approach
that helps startups get key foundational issues right before they begin scaling’.
Creating companies that matter in business markets need a fundamentally
different approach from building consumer-focused ones and everything about
Wing has been optimized for that purpose. Wing’s initial fund which was raised in
2013 has solid investments as a seed program. The launch of Wing two will
facilitate the firm to play the essential role of lead investors in many more
startups that are generating new markets and also refining existing one. Another
nucleus incentive is the digital transformation of business driven by mutual forces
of Mobile, data, and Cloud. This is permitting startups to confront incumbents in a
wide range of categories such as cyber security to Al powered enterprise
application and cloud-native infrastructure.