SoftBank Capital explained

SoftBank Capital
Type:Limited liability company
Location:Newton, Massachusetts, United States[1]
Industry:Venture capital
Products:Investments

SoftBank Capital is a venture capital group in the United States, focusing on technology and telecom early stage businesses. It was founded by SoftBank.[2] [3] [4] Since 2015 it does not actively make investments, but it continues to oversee its prior portfolio.

History

The investment branch of the Japanese telecom company, SoftBank Corp., the SoftBank Capital firm was established and initially led by four partners: Ron Fisher, Eric Hippeau, Steve Murray, and Michael Perlis. The company is a member of National Venture Capital Association.

In November 2011, Mike Perlis stepped down as general partner at SoftBank Capital to become CEO of Forbes Media.[5]

In 2013, it created a $250 million growth fund for companies such as Alibaba and MediaTek.[6]

SoftBank Capital was closed by SoftBank in 2015.[7] Although not making active investments, as of late 2017 it continued to oversee its prior portfolio.

See also

Notes and References

  1. https://www.adviserinfo.sec.gov/IAPD/content/ViewForm/crd_iapd_stream_pdf.aspx?ORG_PK=163118 SEC Form ADV
  2. News: Rowley . Jason . August 9, 2017 . How SoftBank's $100B fund is in a league all its own . . December 29, 2017.
  3. News: Shontell . Alyson . May 30, 2013 . SoftBank Capital Raises $53 Million Fund To Continue Investing In New York Startups . . December 29, 2017.
  4. News: Colao . J. J. . February 12, 2013 . Head East Young Startup: SoftBank Capital Wants To Take You To Asia . . December 29, 2017.
  5. News: Primack . Dan . January 7, 2011 . Softbank Capital on Perlis defection: No big deal . . December 29, 2017.
  6. News: Zielenziger . David . February 7, 2013 . SoftBank Capital Creates $25OM Venture Capital Fund For 'Growth' Companies With Alibaba, MediaTek . . December 29, 2017.
  7. News: July 17, 2015 . SoftBank to shut down venture capital arm: report . . December 29, 2017.