Bloomberg: Microsoft launches VC arm
Microsoft is the latest company to grab a piece of the Silicon Valley startup world by launching its own venture capital investment arm. The tech giant unveiled its official VC arm in a blog post over Memorial Day weekend. Nagraj Kashyap, Corporate Vice President, Microsoft Ventures, wrote, “In Microsoft’s history of engaging with and supporting startups, we’ve done a lot of investing, but not a lot of early stage. Because we would often invest alongside commercial deals, we were not a part of the early industry conversations on disruptive technology trends. With a formalized venture fund, Microsoft now has a seat at the table.”