Microsoft Ventures, the startup branch of the company, has recently opened an accelerator in Seattle, and is looking for more candidates to attend.
Previously, they were only looking for stratups working in home automation or the IoT sector, but they have begun to expand their focus, stating:
We are also announcing our next Microsoft Ventures Accelerator in Seattle dedicated to Digital Work. The next cohort will focus on startups building scalable productivity applications, cloud-centric software platforms and enterprise-grade solutions to help people get more done.
The startups who have worked out of the accelerator have done well, too. The startups that have graduated from our accelerators have seen great success, with 80% receiving an average funding of $1.9M (USD) within a year from graduation.
I put together a power point deck on venture capital and some more details about MS Ventures earlier this year. You can find that here.
Startups can find more information and apply at www.microsoftventures.com/accelerators/seattle
Don’t live in Seattle? Watch IoT Startups Pitch the via Livestream during at the Home Accelerator Demo Day
Last June, Microsoft Ventures’ and American Family Insurance welcomed 10 innovative startups building the home automation solutions of tomorrow The cohort will pitch their ideas today during the Home Automation Accelerator Demo Day live streamed at 4:30 PM PST at this link:<http://aka.ms/hademoday
Source: Microsoft Ventures-----------------------