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SAP Ventures launching new funding pool after raising more than $1 billion

The VC arm of the software giant is also launching a new direct-investment fund with a focus on big data startups.
Written by Rachel King, Contributor
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SAP Ventures, the venture capital arm of the German software giant, has a stacked agenda -- and a pile of cash to match.

For starters, the investment firm is planning to expand its international presence and focus on big data and analytics startups with the establishment of a dedicated 10-person business development team.

Scattered across the United States, Europe, and Asia, SAP Ventures highlighted that this essentially doubles the firm's existing staff size, bringing the ratio of investors to service-oriented staff to 1:1.

The new team will be tasked with collaborating on growth and success strategies with go-to-market partners and industry experts.

That effort will be conducted in tangent with the organization's new direct investment fund: SAP Ventures Fund II.

SAP Ventures declared that it has raised more than $650 million for this particular fund.

When combined with the independent agency's original SAP HANA Real Time Fund, worth approximately $405 million, SAP Ventures boasted that it has raised more than $1 billion within the last year.

Some of the Fund I portfolio companies include LinkedIn, Exact Target, and Box.

Even though it isn't over, 2013 has been quite a year for SAP Ventures in general with 11 of its companies declaring initial public offerings, including Marin Software.

Although shares have been up and down since going public in March, Marin Software did make a smashing debut as jumped by 37 percent from $14 to $19.11 per share on the first day of trading.

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