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Globalization Trend Attracts Venture Capital





Cleveland-based Crystal Internet Venture Funds is shifting its investment strategy to focus on computer hardware and software companies engaged in global commerce between the U.S. and Asia.

Crystal is raising a new $150 Million fund which will be invested either in U.S. companies that will do business in Asia, or Asian companies that can expand into the U.S. market. This reflects a shift from Internet startups to catch a ride on the growing globalization trend. “It turns out…the Internet is now a tool causing globalization to accelerate,” said managing director Daniel Kellogg.

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Anita Campbell Anita Campbell is the Founder, CEO and Publisher of Small Business Trends and has been following trends in small businesses since 2003. She is the owner of BizSugar, a social media site for small businesses.

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