Nationwide investing in firm that finances small businesses


Nationwide's next venture capital investment is in a firm that provides working capital for small and mid-size businesses.

The financial services giant announced Monday that it would invest an undisclosed amount in Redwood City, Calif.-based BlueVine, which has developed a cloud-based financial technology platform to distribute working capital for small companies.

"They have done a good job of building the company and scaling it," Eric Ross, who leads Nationwide's venture capital team, told me.…

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