Ex-Microsoft manager raises $295M for growth stage venture fund targeting the future of enterprise …

Ex-Microsoft manager raises 5M for growth stage venture fund targeting the future of enterprise …

Sheila Gulati Sheila Gulati is excited about the converging worlds of cloud, artificial intelligence and machine learning, and now the former Microsoft manager has some fresh capital to play with as she looks for exciting startup companies in those arenas. Today, Gulati’s firm — known as Tola — disclosed that it has closed on a $295 million growth-oriented venture fund. That follows previous fundraising efforts, and brings total capital raised across Gulati’s firm to $341 million.  That’s a huge amount of capital for a Seattle-based fund, but Gulati says it speaks to the opportunity that her team is trying to attack. Gulati says she’s especially excited about the rise of machine learning and artificial intelligence, and the role those technologies will play in future enterprises. Software and data is “changing…


Link to Full Article: Ex-Microsoft manager raises 5M for growth stage venture fund targeting the future of enterprise …