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Hollywood Mogul Jeffrey Katzenberg Raises $460 Million for Cybersecurity Investment Firm

2024-06-04 12:31:12.138000
[num] CNBC

Hollywood mogul Jeffrey Katzenberg has raised $460 million for his investment firm WndrCo, which focuses on cybersecurity, consumer technology, and the future of work [e98b4d06]. Katzenberg, the co-founder of DreamWorks, is avoiding opportunities in digital media but believes AI will transform the media landscape [e98b4d06]. WndrCo has invested in companies like Dapper, Databricks, Gemini, Aura, Twingate, Airtable, Deel, and Pango [e98b4d06]. Katzenberg and his team are seeking up to seven venture investments and aim to build one or two companies each year [e98b4d06]. They are interested in finding opportunities in cybersecurity, the future of work, and consumer technology [e98b4d06]. Katzenberg and his partner, Sujay Jaswa, are also waiting for guardrails in artificial intelligence [e98b4d06].

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