Palo Alto, Calif. -- Correlation Ventures, a venture capital firm with offices in Palo Alto and San Diego, said it has made investments in four new companies -- Aldea Pharmaceuticals, MOGL, numberFire and an unnamed company currently in stealth mode. Financial terms of the deals were not disclosed. Correlation, which now has 17 companies in its portfolio, said it plans to make approximately 75 investments from its inaugural $165 million fund, announced in January. The firm said it uses predictive analytics to offer investment decisions within two weeks.
http://www.correlationvc.com
http://www.marketwatch.com/story/correlation-ventures-funds-four-companies-in-q1-delivering-co-investment-decisions-in-two-weeks-or-less-2012-04-18
