Steve Case

Revolution Growth banks on FedBid for first investment

Revolution Growth, the venture firm founded by AOL veterans Steve Case and Ted Leonsis, made its first public bet today, investing an undisclosed portion of its $450 million fund in FedBid, an online reverse auction site for the federal procurement process.

Case’s Grand Plans

Steve Case, who just resigned from Time Warner (NYSE: TWX) board, gets a big kiss-up in Fortune, about his big plans with his healthfocused…