Security firm Trend Micro said Monday that it had launched a $100 million venture fund to accelerate growth in emerging technology ecosystems, targeting startups in “hyper growth markets” like IoT.
“This fund will focus on non-security to better understand the challenges around the deployment of these new emerging technologies further learning from those experiences,” Wael Mohamed, president and COO of Trend Micro, told CRN in an email. “We are hoping this will benefit Trend Micro and Trend Micro channels in the best way, to be in the middle of this emerging mega trend.”
