Microsoft Co-Founder Allen Bets on Online Voting; Funds Scytl

People bank online and do their taxes online.

But not many vote online.

On Monday, Microsoft co-founder Paul Allen‘s venture-capital fund said it was betting that online voting will win over skeptics worried about security and gradually become the norm for elections world-wide.

Vulcan Capital’s growth equity fund, based in Palo Alto, Calif., said it will invest $40 million in Scytl, a digital voting services company based in Barcelona with customers in more than 30 countries, including Canada, Mexico and Australia.
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