SAP

Germany

Facts

HQ
Germany
Sectors
Enterprise software, ERP, Customer relationship management, Technology
Founded
1972
Employees
107000
Stage
Public

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Madrona-led $4.5M seed funds Zeitworks, a Seattle ML startup co-founded by Ben Elowitz and CEO Ryan Windham

Seattle startup Zeitworks raised a $4.5 million seed round led by Madrona Venture Group with participation from JAZZ Venture Partners and Zillow co-founder Spencer Rascoff; the company uses machine learning to analyze and recommend improvements to repetitive business processes without back-end integrations. Zeitworks spun out of Madrona Venture Labs, is led by CEO Ryan Windham with co-founder Ben Elowitz, and plans to hire for several roles.

Ex-Docker CFO Brian Camposano launches stealth Seattle fintech Stratify; Concur founder Steve Singh named chairman

Former Docker CFO Brian Camposano launched a stealth Seattle fintech called Stratify after spinning out from Madrona Venture Labs, with Concur co-founder Steve Singh serving as chairman. The early-stage company — currently one employee and no public website — aims to use machine learning and AI to modernize corporate finance and deliver real-time insights for CFOs and finance teams.

Would you rent used clothes?

The sharing economy has changed a lot of things, but could a company make renting specialized clothes a thing? Plus, we look back on Amazon’s HQ2 journey as its calls for proposals close and giggle about some rather unoriginal Silicon Valley “innovations.” Follow all our coverage and read the stories we talked about this week at GeekWire.com Thank you to this week's sponsors: Winshuttle, the SAP data management experts — learn more at Winshuttle.com; Hughes Marino, the commercial real estate company now expanding to Seattle — learn more at hughesmarino.com; and Kinects, Seattle’s iconic new high-rise apartment tower — learn…

GeekWire Summit backstage: Satya Nadella, HQ2 and more

The 2017 GeekWire summit was our biggest yet, with keynoters including Microsoft CEO Satya Nadella, Starbucks CEO Kevin Johnson and influential tech executives and thought leaders from around the country, including executives at Amazon. We lift the curtain and talk about our favorite moments on stage and behind the scenes on this episode of the Week In Geek. Follow all our coverage and read the stories we talked about this week at GeekWire.com Thank you to this week's sponsors: Winshuttle, the SAP data management experts — learn more at Winshuttle.com; Hughes Marino, the commercial real estate company now expanding to…

Bill Gates, Jack Ma, Jeff Bezos Launch $1B Breakthrough Energy Ventures Fund to Advance Emissions-Free Technologies

Bill Gates and other technology leaders, including Jack Ma and Jeff Bezos, have formed a $1 billion Breakthrough Energy Ventures fund to invest in companies developing advanced energy technologies aimed at drastically reducing greenhouse gas emissions. The fund emphasizes the need for government support and aims to create affordable, emissions-free energy solutions.

People

  • Christian Klein Executive, CEO
  • Philipp Herzig Executive, Global CTO
  • Sebastian Steinhäuser Executive, COO

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