Wed, 12/03/2014 - 11:36
SAP Ventures, the independent venture capital firm affiliated with SAP AG, has named Rami Branitzky as managing director to lead the global market development team.
With more than USD1.4bn under management, SAP Ventures invests in innovative and disruptive expansion-stage companies, as well as early-stage venture capital funds, across the information technology landscape.
Branitzky will oversee the firm's efforts to enable its direct and indirect portfolio companies to leverage the capabilities of one of the world's largest enterprise IT ecosystems through its limited partner, SAP AG.
With close to 20 years of experience, Branitzky is a veteran of building and growing best-in-class enterprise software companies. Most recently, he was CEO of Grok Solutions (formerly Numenta).
"At SAP Ventures, we are committed to empowering start-ups with the resources and expertise they need to grow and scale," says Nino Marakovic, CEO and managing director, SAP Ventures. "With the addition of Rami, a proven leader with an exceptional track record and an extensive network, SAP Ventures will be in a unique position to deliver tremendous value to our portfolio companies, as well as the broader SAP ecosystem."
Prior to Grok Solutions, Branitzky served as managing director at SAP Labs North America, where he was responsible for strategy and operations of SAP Labs across the region. Previously, Branitzky served as senior vice president in charge of SAP Global Software Solution Partnerships. In these positions, he was instrumental in driving SAP ecosystem strategy and partnering practices. Branitzky joined SAP AG following the acquisition of TopTier Software, where he held multiple field and product leadership positions.
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