SoftBank Capital
American venture capital company
From Wikipedia, the free encyclopedia
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][5] Since 2015[6] it does not actively make investments, but it continues to oversee its prior portfolio.[7]
| Company type | Limited liability company |
|---|---|
| Industry | Venture capital |
| Founded | 1995 |
| Headquarters | Newton, Massachusetts, United States[1] |
| Products | Investments |
| Parent | Softbank Holdings |
| Website | www |
History
The investment branch of the Japanese telecom company, SoftBank Corp.[7]
SoftBank Capital was established in 1995 and initially led by four partners: Ron Fisher, Eric Hippeau, Steve Murray, and Michael Perlis.[8]
The company is a member of National Venture Capital Association.[citation needed]
In November 2011, Mike Perlis stepped down as general partner at SoftBank Capital to become CEO of Forbes Media.[9]
In 2013, it created a $250 million growth fund for companies such as Alibaba and MediaTek.[10]
SoftBank Capital was closed by SoftBank in 2015.[6] Although not making active investments, as of late 2017 it continued to oversee its prior portfolio.[7]