Microsoft’s investment arm M12 leads $15M funding round for corporate payments startup nsKnox
19 Feb 2019 6:30 AM GMT
Microsoft has invested in a startup based in Boston and Tel Aviv, Israel, that aims to make corporate payments more secure. M12, the Microsoft?s venture capital arm, led a $15 million Series A round?
- Microsoft has invested in a startup based in Boston and Tel Aviv, Israel, that aims to make corporate payments more secure.
- M12, the Microsoft’s venture capital arm, led a $15 million Series A round for nsKnox, along with Viola Ventures.
- M12 is made up of veteran Microsoft employees and venture capitalists, and in addition to making traditional VC investments, it is tasked with strengthening ties between the tech giant and startup communities.
- Of nsKnox’s 23 employees, three of them have ties to Microsoft, including its CEO Nir Tenzer.
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