Tuesday, October 15, 2013

SkyGiraffe Gets Strategic Investment From Microsoft To Mobilize Enterprises

executive_corner-1Last we heard from SkyGiraffe, a platform to extend enterprise systems with mobile devices, it had raised a seed round from Angels (including Parker Thompson, a partner at 500 Startups) back in May. Today it announces it has taken a strategic investment from Microsoft Ventures. Terms were not disclosed but we understand from sources that the investment is more about strategy than injecting large amounts of cash. Because SkyGiraffe has key integrations with Microsoft technologies, this will give it significant distribution, and presumably, way more traction than if it was out there on its own.Source: http://feedproxy.google.com/~r/Techcrunch/~3/Kz1vuHhxUco/
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