Founded in 1995 in Chicago, Tribune Ventures focuses on investing in new media, technology businesses, and online marketing services. It seeks to partner with emerging companies across the U.S. that support Tribune's media businesses. The firm prefers to invest in companies located in the Chicago metropolitan area, Midwest, and East Coast, with investments ranging from $3 million to $10 million. Tribune Ventures has made 15 investments to date, with notable portfolio companies including Nimble TV, CenterPost Communications, and Legacy.com.