Microsoft has announced it will be revamping its start-up investments with a new division called Microsoft Ventures. Its goal is to find and invest in companies that can take full advantage of Microsoft's own technology and products.
In a blog post, Microsoft said that this new division is meant to be a middle ground between Microsoft Accelerator, which helps early stage businesses with tools and consultation assistance, and the company's larger-scale investments and acquisitions.
Microsoft Ventures will begin investing in companies located in San Francisco, Seattle, New York City and Tel Aviv and will expand its efforts in the years to come. Microsoft did not say how much money or how many investments it plans to make per year, but it will have "steady activity over the course of the year".
Get the Windows Central Newsletter
All the latest news, reviews, and guides for Windows and Xbox diehards.