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Cox Enterprises Backs Socium Ventures with a Second $300 Million Fund

Oct 24, 2024•over 1 year ago

Contract Type

partnership

AtlantaHealth CareMedical

Description

Cox Enterprises announced a second fund for Socium Ventures worth $300 million, bringing the total managed capital to $600 million. Socium Ventures, backed by Cox Enterprises, is seeking investment opportunities in various industries and sectors experiencing technology-led growth.

Company Information

Company

Cox Enterprises

Location

Atlanta, Georgia, United States

About

Cox Enterprises is dedicated to empowering people to build a better future for the next generation. Cox is a leader in the broadband, automotive and media industries, while strategically investing in emerging technologies driving the future of cleantech, health care, and public sector services. Its major operating subsidiaries are Cox Communications and Cox Automotive, which includes brands like Autotrader and Kelley Blue Book. Headquartered in Atlanta, Georgia, Cox is a global company with $22 billion in annual revenues and a proud 125-year history. To learn more about Cox and its commitment to its people, planet and communities, visit coxenterprises.com. SOURCE Cox Enterprises

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