Jeffrey Katzenberg Raises Nearly $600 Million for New Venture

BEVERLY HILLS: Jeffrey Katzenberg has raised $591.5 million for a new venture, WndrCo, setting up the next chapter for the former DreamWorks Animation CEO.

An SEC filing lists Katzenberg as the manager of the new LLC, which is said to be a digital media and technology investment firm. The minimum investment accepted from any outside investor for the new venture is set at $25 million.

Katzenberg co-founded DreamWorks back in 1994 along with Steven Spielberg and David Geffen. In 2004, DreamWorks Animation became a publicly traded company, with Katzenberg as CEO and director. Last year, DreamWorks Animation was sold to Comcast’s NBCU for $3.8 billion, and Katzenberg took on the role of head of DreamWorks New Media.