Microsoft Ventures adds a third company to its portfolio following the launch of its corporate venturing activities.
US-based smart office app Comfy secured $12m in a series B round yesterday backed by Microsoft Ventures, the software company’s corporate venturing vehicle, and real estate services firm CBRE Group.
Cloud-focused VC firm Emergence Capital led the round, in which existing investors Claremont Creek and Westly Group also took part. Claremont and Westly previously co-led a $5.5m series A round in 2014.
The investment is among the first by Microsoft Ventures, the strategic investment unit announced at the end…