On Tuesday, it was announced that Microsoft Ventures has made its first seed-stage investment: Tel Aviv, Israel-based SkyGiraffe.
“SkyGiraffe provides a SaaS platform that helps businesses deploy enterprise-grade mobile applications on any device immediately and without the need for writing code,” writes Raul Sood, general manager of Microsoft Ventures, in a post over on the Microsoft Ventures Blog.
Given the demand for smart phones and tablets in the workforce, application services are a strategic priority for enterprise companies. This investment will help them propel their business to the next level, Sood writes.
SkyGiraffe was co-founded by Boaz Hecht and Itay Braun started in 2012 and was part of the BizSpark program and Microsoft Ventures Accelerator in Israel.
For the rest if this story, head on over to the Microsoft Ventures Blog.
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Microsoft News Center Staff
Tags: Microsoft Ventures