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VirtualFund, based in Eden Prairie, Minn., said it planned to use the proceeds to develop Internet businesses.
Andersen said last month that it would spend $1.2 billion to set up 17 regional centers that will help develop Internet startups and invest in them.
The network will work with the creators of Wallstrip.com to develop Internet programs and information that can be sent to mobile phones and other devices.
The pizza and the personnel are all part of Ernst & Young's incubator, begun last June to help entrepreneurs develop Internet companies.
Another favorite is Rational Software of Cupertino, Calif., which makes software used by companies to develop Internet and e-business sites and services.
Will Marks, an analyst at Banc of America Securities, said real estate companies must develop Internet services if only to hold onto clients and extend brand names.
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For Andersen, the alliance comes as consulting firms are reporting more demand from companies seeking to develop Internet-based electronic commerce.
The three companies will develop Internet-based joint ventures with Primedia's 250 magazine titles and develop Primedia's newly formed broadband video division.
He is an entrepreneur, technologist and activist who works to develop Internet-based technologies that facilitate the rapid transfer of knowledge between people, groups, and organisations.
SAN FRANCISCO — Google on Wednesday offered a look at a previously secret project to develop Internet-connected glasses, staking out a lead position in a futuristic and fast-growing area known as wearable computing.
Other players in this market include Spyglass and PlanetWeb Inc., which develop Internet-ready device software for companies like Sega.
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