Industry | Venture capital |
---|---|
Founded | 1996 |
Headquarters |
Palo Alto London |
Total assets | $2.4 billion |
Website | sapphireventures.com |
Sapphire Ventures is a Silicon Valley-based venture capital company that primarily invests in growth-stage enterprise technology companies globally.
Originally started in 1996 as the venture capital arm of SAP SE, it was known as SAP Ventures. It split from its parent in 2011 and was rebranded to Sapphire Ventures in 2014. SAP SE is now a limited partner in the company, and their ties are used in investing in companies working in the Enterprise Software ecosystem. As of September 2016, the company manages more than US$2.4B assets, and are active in the United States, Europe, Israel and India.
On March 24, 2015, the company, along with industry giants Cisco Systems, Inc. and Siemens, co-hosted the first industry summit on the Internet of Things, named "IoT: Empowering The Enterprise" in San Jose, California. The video of the event is available online. The event was advertised as "connecting investors, startups, technologists and Fortune 1000 executives to explore IoT in the enterprise."
In an independent study released on July 29, 2015, CB Insights, recognized Sapphire Ventures as Top 5 VC based on participation in major tech exits. Specifically, the CB Insights Report compiled a list of VCs with at least five of the top 100 exits in the period beginning Q1 2013 and ending Q2 2015, and ranked each VC according to how many of these exits they were involved in. Sapphire Ventures made the list at #4, with 10 such exits to its credit, behind Accel Partners, New Enterprise Associates and Sequoia Capital.
Since 1996, Sapphire Ventures has invested in more than 130 companies across 5 continents.