Microsoft to Revive Its Venture Capital Arm
In this day and age, the largest corporations in the world have their own venture capital arms in order to ensure that they are able to cash in on the different promising start ups that crop up on a regular basis and quite often a unicorn can bring in enormous rewards for the investors in question. So, it is not a surprise that one of the giants of the tech faternity, Microsoft have now decided to revive the operations of their venture capital arm Microsoft Ventures in order to invest in early stage start ups. The company does have its start up accelerator operations but Microsoft Ventures would be more actively invovled in the growth of new tech companies by investing at the earlier stages of the development of the companies in questions. The information was made public in the form of a blog post by the coroprate vice president of Microsoft Ventures, Neeraj Kashyap and in that post, he wrote about the future plans of the company.
He wrote, "Companies developing products and services that complement Azure infrastructure, building new business SaaS applications, promoting more personal computing by enriching the Windows and HoloLens ecosystems, new disruptive enterprise, consumer productivity, and communication products around Office 365 are interesting areas from an investment perspective," Microsoft had earlier launched Bing Fund back in 2012 in order to be a part of the venture capital scene and the following year, the company spun off Bing Fund to create Microsoft Ventures.
Kashyap, who was an executive at Qualcomm Ventures, prior to joining Microsoft is perfectly aware of the venture capital eco system and would definitely try to make Microsoft one of the biggest players in the field. Microsoft Ventures has not funded any business as of now but it is almost certain that they are currently in talks with a range of businesses that could prove to be shrewd investments for the future and with the return of Microsoft in the venture capital would certainly help in creating new businesses that would go on to change the world in the future.