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Thomson Reuters Corporation has disclosed that it is set to launch a $100 million venture capital fund targeted at early stage companies that play in the legal, tax and accounting, as well as news media space. Such companies would be in their series A and series B investment round
The venture capital fund, tagged “Thomson Reuters Venture” is part of the corporation’s CEO, Steve Hasker’s plan to transform the company from provider of news and information to a content-driven technology business.
According to the Thomson Reuters’ Chief Strategy Officer, Pat Wilburn, the corporation wants to identify companies that can help its customers deliver more value to their customers and help such companies to inject needed funds that will help them actualize and strengthen their capacities to deliver their aspirations.
Pat Wilburn will serve as Executive Director of the fund.

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