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MSFT Microsoft Corporation

409.99
0.65 (0.16%)
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Last Updated: 22:29:23
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Share Name Share Symbol Market Type
Microsoft Corporation NASDAQ:MSFT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.65 0.16% 409.99 409.66 410.00 412.23 406.7132 408.25 11,452,132 22:29:23

Vulcan Capital Invests $40 Million in Spanish Electronic Voting Company

07/04/2014 9:29am

Dow Jones News


Microsoft (NASDAQ:MSFT)
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By Lisa Fleisher 

Microsoft co-founder Paul Allen's venture-capital fund is betting that online voting will win over skeptics worried about security and gradually become the norm for elections world-wide.

Vulcan Capital's growth equity fund, based in Palo Alto, Calif., will invest $40 million in Scytl, a digital voting services company based in Barcelona with customers in more than 30 countries, including Canada, Mexico and Australia, the two companies said Monday.

Scytl, founded in 2001, sells a range of services aimed at modernizing elections, from training poll workers or registering voters to actually hosting elections online and counting votes. Scytl has already received investments from Balderton Capital, Nauta Capital and Spinnaker SCR.

Write to Lisa Fleisher at lisa.fleisher@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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