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Thomson Creates $100 Million Fund

Thomson Reuters has created a $100 Corporate Venture Fund to support the development of  professional services organizations. Thomson Reuters Ventures will invest in the company's  markets: Legal, Tax & Accounting, Risk, Fraud, and Compliance, News and Media. 

The company will investment primarily in earlier-stage  companies through Series A and B funding

Chief strategy officer Pat Wilburn mentioned artificial intelligence and machine learning as areas of interest in selecting companies to fund. “We are focused on identifying and supporting innovative companies that can help our customers deliver more value to their customers,” Wilburn said in a prepared statement.

Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
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