Adobe Announces USD 100 Mln VC Fund for Apollo, other Adobe Software

Adobe is planning to invest approximately USD 100 million in venture capital over the next three to five years in companies leveraging Adobe platform technologies, particularly companies delivering applications via Apollo.

This approach is emerging as a key strategy for generating revenues from Apollo. "We believe [Apollo] will change the way the world will interact with the Web in the future," Adobe CEO Bruce Chizen said.

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