Carmelo Anthony is looking for places to park his loot.
After signing a new five-year contract worth $125 million, the Knicks forward is touting his own venture-capital firm, M7 Tech Partners. The name stands for Melo 7, a nod to his nickname and jersey number.
The NBA All Star has teamed with Stuart Goldfarb, a former NBC and Bertelsmann exec, to invest in tech start-ups .
M7 said on Monday that it made its first investment in Hullabalu, a storybook and gaming app for kids.