American Century Ventures, the venture capital-arm of American Century, was launched in 1999 and has committed over $100 million over the next four years. ACV never intended to invest in quick-exit-strategy IPOs. Instead, ACV's strategy is to make smaller investments of between $2 million to $8 million in companies primarily involved in developing technology designed to fundamentally change capital markets and equity trading.

The portfolio is purely a corporate investment and is not tied in any way to American Century's shareholders' investments, said Harold Bradley, president of ACV.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.