As SAP increases its commitment to the startup community, it is also more than doubling its capital commitment to the SAP HANA Real Time Fund – from an original 2012 commitment of $155 million to $405 million – to further support entrepreneurs and startups worldwide as they build their businesses on SAP platform technologies, including SAP HANA. Managed by independent fund manager SAP Ventures, the SAP HANA Real Time Fund will continue to invest in, foster and support an ecosystem of fund managers and entrepreneurs leveraging the power of big, real time data and associated analytics as a driver of business value. With this Fund, SAP Ventures’ strategy is to invest primarily in early stage venture capital fund managers internationally, as well as make select early stage investments in startups adopting SAP HANA and related SAP platform technologies to create market leading, disruptive applications.
“The increased fund size is fundamentally a testament to the strong interest of entrepreneurs and VCs in collaborating with SAP and the SAP ecosystem. This increased funding will enable us to continue building our differentiated investment platform by both extending our investment horizon for the SAP HANA Real Time Fund as well as further developing programs and strategic partnerships between our portfolio and SAP and the SAP ecosystem. We are taking another step on a journey to build the next generation venture capital organization. The venture capital landscape is in the process of a significant change, and we intend to lead that evolution with a differentiated approach,” said Nino Marakovic, CEO and Managing Director of SAP Ventures.
The increased commitment to the SAP HANA Real Time Fund was announced today at the SAPPHIRE NOW customer conference in Orlando, FL.
Since the SAP HANA Real Time Fund’s launch in mid-2012, SAP Ventures has made three direct investments to-date in innovative startups who have adopted SAP HANA and/or are focused on building real-time applications or solving big data challenges. They include:
- Gild, a San Francisco-based provider of tech recruiting solutions to help organizations find developers skilled in the Big Data area. Read more about Gild here: http://www.gild.com/
- FeedZai, a Portuguese provider of real-time fraud detection and prevention solutions. SAP Ventures co-invested with Data Collective, one of the ten VC Funds that SAP Ventures has committed funds to as part of the HANA Real Time Fund. Read more about FeedZai here: http://feedzai.com/
- (The third company is based in Israel however we are not able to disclose their name at this time)
SAP Ventures has also committed funds to ten early stage venture capital funds, both here in U.S. and internationally. A select sampling of some of those VC Funds include:
- San Francisco Bay Area Funds:
- SV Angel – leading micro-fund known for investments like Evernote, Airbnb, Twitter and Square.
- August Capital – leading early stage Sand Hill Road-based fund, known for Big Data investment in Splunk amongst other companies like Skype, Microsoft and Intuit
- Data Collective – leading seed fund focused on investments in big data startups, from the infrastructure level up to analytics and applications. Portfolio companies include: Kaggle, MemSQL, Continuuity.
- International Funds: Berlin and Tel Aviv
- Point Nine – Berlin-based seed fund with a focus on SaaS, marketplaces and mobile. The fund and its managers have backed companies such as Zendesk, Zend and DeliveryHero.
- Magma – Tel Aviv-based Israeli seed and early stage fund, known for making early investments in companies likes Waze, DesignArts and GreenSQL.
In addition to the SAP HANA Real Time Fund, SAP Ventures also manages the SAP Ventures Fund 1, a $353 million direct growth fund initiated in 2011 that invests in innovative and disruptive growth-stage companies across the IT landscape, where a proven product and business model has led to demonstrated customer growth and scaling revenues. Though SAP is not able to share more at this time, please stay tuned for exciting developments involving this fund in the coming weeks.
Over the past 15 years, SAP Ventures has invested in more than one hundred companies on five continents, including portfolio companies LinkedIn, Box, Violin Memory, Lithium and many others. For more on SAP Ventures, please visit http://sapventures.com/