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Economic meltdown hasn’t deterred JLA Ventures from investing in digital media

News | 11/18/2008 5:18 pm EST

The stock markets are taking a beating and venture capital is at an all-time low, but that hasn’t stopped J.L. Albright Venture Partners (JLA Ventures) from seeking out promising investments. In the past 11 months, the Toronto-based VC firm – which also co-manages the $150-million Blackberry Partners Fund – has invested $36.5 million in Internet, digital media, e-commerce and mobile companies, including $5 million in seed funding for GlassBOX‘s Bite TV relaunch and AUX launch.

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