Making good on its promise to invest in start-ups to expand the use of its new HANA database, SAP launched a $155 million venture fund to invest both in early-stage start-ups and in incubators that are breeding start-ups of interest to SAP. It’s a strategic departure for SAP, which has traditionally invested $7 million to $12 million in mid- to late-stage companies. “We were missing out on early-stage opportunities,” said Jai Das, managing director of SAP Ventures.
To read the full, original article click on this link: The Daily Start-Up: SAP Goes Early-Stage With New $155M Venture Fund - Venture Capital Dispatch - WSJ
