SAP Ventures

California enterprise software firm Apigee raises $60M in new funding

Palo Alto, US-based cloud data service and enterprise software provider Apigee raised $60 million in new funding to expand its existing services beyond the basic application programming interface (API) technology.

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New venture capital fund Amplify Partners raises $49.1M to back IT infrastructure startups in the US

Cambridge, US-based venture capital firm Amplify Partners raised $49.1 million for its new fund to back early-stage firms in the storage, networking, and Internet hardware industries.

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New York-based open source video platform Kaltura secures $47M

Kaltura, an open source video platform based in New York, has bagged additional funding of $47 million in a round led by new investors and participated in by its existing backers.

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IDG and Ascent pick up minority stake in Indian software firm Newgen

Indian venture capital firm IDG Ventures and Canadian investor Ascent Capital picked up a minority stake in New Delhi-based software solutions provider Newgen Software Technologies for INR110 crore.

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SAP allocates USD650 million to new venture fund

Software company SAP AG said it would be pouring over USD650 million to its new SAP Ventures Fund II.

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