Google has just launched Google Ventures, their very own venture capital fund. This will provide much needed capital to many small technology companies at a time when venture capital is decreasing as is start-ups that actually make it to an IPO.

From the Google Blog: "Google Ventures is charged with finding and helping to develop exceptional start-ups. We'll be focusing on early stage investments across a diverse range of industries, including consumer Internet, software, clean-tech, bio-tech, health care and, no doubt, other areas we haven't thought of yet."

vator.tv/news/show/2009-03-31-googles-newest-venture