The deal was the latest in a line of interesting moves by SAP in the cloud, following its backing of Box.net and also a multi-billion dollar acquisition of listed cloud company SuccessFactors.
On Thursday last week SAP’s corporate venturing unit made a big splash joining a $53.4m series D by social networking software company Lithium Technologies.
The deal was the latest in a line of interesting moves by SAP in the cloud, following its backing of Box.net and also a multi-billion dollar acquisition of listed cloud company SuccessFactors.
It looks to an outsider that SAP Ventures’ strategy is to get returns-based exposure to any changing dynamics in the software sector, which could…
