SAP Ventures Raises US$1 Billion to Help Entrepreneurs and Start-Ups Grow, Scale and Succeed.
Progressively,
SAP Ventures sees its efforts rewarded in terms of revenues, expertise,
and others crucial resources in its ecosystem. So, Connectikpeople can observe that, 2013, remains very lucrative for SAP Ventures.
In this dynamic, the independent venture capital firm affiliated with SAP
AG , announced it has raised more than US$650 million for a
new direct investment fund, SAP Ventures Fund II. Taken
together with SAP HANA
Real Time Fund, a US$405 million fund-of-funds that invests in early stage VC
funds, SAP Ventures has added more than US$1 billion in new funds in 12 months.
Inclusive of SAP Ventures Fund I, a US$353 million direct investment fund
launched in 2011, the firm's total assets under management increased to more
than US$1.4 billion. SAP Ventures also announced it is building out a dedicated
10-person business development team to enable its portfolio companies to easily
access and leverage the unmatched capabilities and expertise of one of the
world's largest enterprise ecosystems through its limited partner, SAP AG. Connectikpeople may also recall that, five of its portfolio companies went public, including Control 4, Just Dial, Marin Software, Tremor Video and Violin Memory. Seven of its portfolio companies were acquired, including Aepona, Apriso, Datria, ExactTarget, Ignite, ScaleIO and Voxeo.
SAP Ventures has promised that, they will continue to build a larger
network of portfolio companies and investment experts through its fund of
funds, the SAP HANA Real Time Fund. This will exponentially increase the number
of connections possible for entrepreneurs in the SAP Ventures community.
About SAP Ventures
SAP Ventures, with more than US$1.4 billion under management, is an investment firm that seeks to partner with outstanding entrepreneurs and leading venture firms worldwide to build industry-leading businesses. SAP Ventures is an independent investment organization affiliated with SAP AG, the leading global enterprise software company. SAP Ventures leverages its relationship with SAP and its ecosystem for the benefit of its portfolio companies and underlying fund managers. SAP Ventures was founded in 1997 and has invested in more than 125 companies across five continents.
The firm currently manages two direct investment funds: SAP Ventures Fund I (US$353 million fund launched in 2011) and SAP Ventures Fund II (US$651 million fund launched in 2013). Both funds invest in innovative and disruptive expansion stage companies across the information technology landscape, where a proven product and business model have led to demonstrated customer growth and scaling revenues. Fund I portfolio companies include LinkedIn, Exact Target, Endeca, OpenX, Criteo, DocuSign, Fitbit and Box.
The SAP HANA Real Time Fund is a US$405 million fund of funds launched in 2012. The fund invests in early stage VC fund managers internationally as well as early stage start-ups which are focused on the development of real-time technologies that leverage the power of big data as a driver of business value.
About SAP Ventures
SAP Ventures, with more than US$1.4 billion under management, is an investment firm that seeks to partner with outstanding entrepreneurs and leading venture firms worldwide to build industry-leading businesses. SAP Ventures is an independent investment organization affiliated with SAP AG, the leading global enterprise software company. SAP Ventures leverages its relationship with SAP and its ecosystem for the benefit of its portfolio companies and underlying fund managers. SAP Ventures was founded in 1997 and has invested in more than 125 companies across five continents.
The firm currently manages two direct investment funds: SAP Ventures Fund I (US$353 million fund launched in 2011) and SAP Ventures Fund II (US$651 million fund launched in 2013). Both funds invest in innovative and disruptive expansion stage companies across the information technology landscape, where a proven product and business model have led to demonstrated customer growth and scaling revenues. Fund I portfolio companies include LinkedIn, Exact Target, Endeca, OpenX, Criteo, DocuSign, Fitbit and Box.
The SAP HANA Real Time Fund is a US$405 million fund of funds launched in 2012. The fund invests in early stage VC fund managers internationally as well as early stage start-ups which are focused on the development of real-time technologies that leverage the power of big data as a driver of business value.
About SAP
As market leader in enterprise application software, SAP helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 197,000 customers (includes customers from the acquisition of SuccessFactors) to operate profitably, adapt continuously, and grow sustainably.
