My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Finance / Investors

Ex-Google Exec Andy Rubin Raises $48 Million for Incubator

Ex-Google Exec Andy Rubin Raises $48 Million for Incubator
1 min read
This story originally appeared on Fortune Magazine

Late last year, Android co-founder Andy Rubin left Google to launch what was described as a hardware incubator. Now it seems that he’s got a lot of money to work with.

Rubin’s group, called Playground Global, has raised $48 million, according to a regulatory filing. It is structured as a venture capital fund, with no investors identified in the filing.

In addition to Rubin, Playground’s board of directors includes co-founder (and ex-Microsoft exec) Peter Barrett, Rubin’s former Google (and Danger) colleague Matt Hershenson and WebTV co-founder Bruce Leak.

Update: The WSJ followed up with a story saying that investors in Playground Digital include Google, Hewlett-Packard, Google, China’s Hon Hai Precision Industry Co. and Redpoint Ventures (where Rubin also will serve as a venture partner).

How to Find the Right Investors for Your Business