M12 is a corporate venture arm of Microsoft that invests in early-stage enterprise software companies, focusing on business applications, cloud infrastructure, cybersecurity & identity, data & AI, developer tools, healthcare & life sciences, and vanguard technologies. They have invested in over 100 companies since 2016, providing unparalleled access to Microsoft to help startups accelerate growth. With offices in San Francisco, Seattle, London, Tel Aviv, and Bengaluru, M12 has a global presence and is a return-driven fund investing independently of Microsoft's business units and technology offerings. They prefer to invest in seed, early, and later-stage companies in the information technology and SaaS sectors in Europe, North America, Israel, and India.