Microsoft starts its own venture capital division

Microsoft Ventures, a new venture capital division of the Redmond giant, is set to focus on early-stage startup investments.

Microsoft have long had their own startup accelerator, and now the company has moved the name Microsoft Ventures to represent its own venture capital devision.
The Redmond company’s Nagraj Kashyap announced the change, and is set to take on the role of coporate Vice President of Microsoft Ventures. Kashyap has outlined that Microsoft Ventures will be set to focus on investing in early stage startups, rather than pursuing investment through commerical deals.
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Microsoft’s new venture capital division is set to bear an initial presence in San Franciso, Seattle, and New York City in the United States, as well as Tel Aviv in Israel. Speaking at the launch of Ventures, Kashyap states that “We were not a part of the early industry conversations on disruptive technology trends… (but) with a formalized venture fund, Microsoft now has a seat at the table.”
Microsoft could be seat to make investments on products and services that complement its own, with specific emphasis on machine learning and security. Previously, Microsoft’s Garage studios have been responsible for high-tech experiments involving the likes of (failed) AI chatbot Tay and even a bot that is capable of captioning any photo uploaded to its servers.
Kashyap clarified that Ventures isn’t “aiming to hit a specific number of investments annually,” but “in the coming days and weeks ahead and beyond, you will see us showing up as an investor in companies that complement these spaces and those that aim to disrupt how business is done today.”
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What are your thoughts on Microsoft Ventures? Where do you foresee the company focussing its startup investments? Be sure to let us know your opinion in the comments below!
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Source: Microsoft (Redmond)
Via: Engadget