Microsoft (MSFT) has launched a new formalized venture capital initiative.
Led by Nagraj Kashyap and Peggy Johnson, Microsoft Ventures will focus on making early stage investments in:
– companies who complement and leverage the transition to the cloud,
– companies developing product and services that complement Azure infrastructure,
– companies building new business SaaS applications,
– companies promoting more personal computing by enriching the Windows and HoloLens ecosystems,
– companies advancing new enterprise, consumer productivity, and communication products around Office 365,
– companies who are developing solutions in the areas for machine learning and security.
The newly formed arm will start with a presence in in SF/Bay area, Seattle, New York City and Tel Aviv with plans to expand to other geographies in the coming years.
Following the reorganization, the former Microsoft Ventures team has now been rebranded to Microsoft Accelerator to focus on startup enablement, primarily through its seven accelerators located around the world.