SAP ventures raises US$1 bllion in last 12 months
Hotline: 1800 102 2007
X
Search Business Opportunities
2013-10-05

SAP ventures raises US$1 bllion in last 12 months

SAP Ventures, the independent venture capital firm affiliated with SAP AG announced that it has raised more than US$650 million for a new direct investment fund, SAP Ventures Fund II.

SAP Ventures, the independent venture capital firm affiliated with SAP AG announced that 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 dedicated10-person business development team toenable its portfolio companies to easily access and leverage theunmatched capabilities and expertise of one of the world’s largest enterprise ecosystems through its limited partner, SAP AG.

 

SAP Ventures has seen record results this year, with 12initial public offering(IPO) and merger and acquisition (M&A)events todate in 2013. Fiveof its portfolio companies went public, including Control 4, Just Dial, Marin Software, Tremor Videoand Violin Memory. Seven of its portfolio companies were acquired, including Aepona, Apriso, Datria, ExactTarget, Ignite, ScaleIO and Voxeo.

 

“SAP Ventures is an integral partner of the innovation drive and intellectual renewal happening at SAP. They are helping us build a broader ecosystem that includes some of the most innovative founders, developers and venture capitalists,” said Dr. Vishal Sikka, member of the Executive Board of SAP AG.

 

“I have been a big supporter of SAP Ventures over the years. We are proud of our commitment to their newest fund and I look forward to supporting them on their journey.” Added Sikka.

 

Related opportunities
  • About Us: Mahindra First Choice Wheels Ltd (MFCWL) is a part..
    Locations looking for expansion Maharashtra
    Establishment year 1999
    Franchising Launch Date 2003
    Investment size Rs. 30lac - 50lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai City Maharashtra
  • About Us: Zota Healthcare Limited manufactures and markets pharmaceutical products in..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Casual dine Restaurants
    About: Papa Buns started its operations in Delhi with its unique..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
  • Casual dine Restaurants
    About: The legacy of Sanjha Chulha dates back to the year..
    Locations looking for expansion Delhi
    Establishment year 1978
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts