SoftBank Capital is a

venture capital Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to start-up company, startups, early-stage, and emerging companies that have been deemed to have high growth poten ...

group in the United States, focusing on technology and telecom early stage businesses. It was founded by

SoftBank is a Japanese multinational conglomerate holding company headquartered in Minato, Tokyo which focuses on investment management. The Group primarily invests in companies operating in technology, energy, and financial sectors. It also runs the Vi ...

. 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,

Corp., the SoftBank Capital firm was established and initially led by four partners: Ron Fisher,

Eric Hippeau Eric Hippeau is a partner at Lerer Hippeau Ventures in New York City. Early life and education Hippeau graduated from the Lycee Francais de Londres and attended the Sorbonne University in Paris. Career Hippeau joined Ziff-Davis in 1989 as pub ...

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

MediaTek MediaTek Inc. () is a Taiwanese fabless semiconductor company that provides chips for wireless communications, high-definition television, handheld mobile devices like smartphones and tablet computers, navigation systems, consumer multimedia ...

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

References

Financial services companies established in 1995 Private equity firms of the United States Privately held companies based in Massachusetts SoftBank Group Venture capital firms of the United States {{US-private-equity-company-stub

History

See also

References