M12 - Microsoft's Venture Fund

M12 - Microsoft’s venture fund, invests in early-stage enterprise software companies with a focus on AI, cloud infrastructure, cybersecurity, developer tools, vertical SaaS, and Web3/Gaming. Since 2016, M12 has invested in over 100 companies, helping startups accelerate growth with unparalleled access to Microsoft.

Andrew Smyth

Managing Partner

Past deals in Developer Tools

Conduktor

Series B in 2024
Conduktor is a provider of desktop applications designed to enhance efficiency for developers, testers, and companies working with operational data sources. Its platform offers a comprehensive suite of tools, including configuration sharing, multi-cluster management, monitoring, and error management, which facilitate seamless task execution. By combining robust security and governance controls, Conduktor enables central teams to maximize data streaming utilization while allowing engineering teams to self-serve through a powerful console. The company serves a diverse clientele, including major enterprises such as Capital Group, Lufthansa, Honda, and DICK'S, primarily in the USA and Europe. Conduktor is backed by notable investors, including RTP Global, Ansa, M12 (Microsoft’s venture arm), and Accel, and is recognized for pioneering innovations in the Streaming Data Management space.

Mermaid Chart

Seed Round in 2024
Mermaid Chart is a developer of a digital visualization tool that enables the creation of dynamic text-based diagrams. The platform allows enterprise teams to easily generate and collaborate on complex diagrams by utilizing markdown-like text definitions. This innovative approach simplifies the diagramming process by eliminating cumbersome design layers, thereby enhancing collaboration among users. With its focus on text-based information, Mermaid Chart aims to streamline the way teams visualize and communicate complex ideas.

Unstructured

Series A in 2023
Unstructured is a developer of an open-source data transformation platform that simplifies the process of converting raw data from various sources, such as PDFs and Microsoft Office documents, into formats suitable for retrieval-augmented generation (RAG) applications. The platform supports over 25 file types and offers integration capabilities with third-party services like SharePoint and S3. By utilizing open-source libraries and application programming interfaces, Unstructured allows clients to create custom preprocessing pipelines tailored for machine learning tasks. This capability enhances the accessibility of human-generated information for large language models (LLMs) and facilitates seamless data extraction and integration into AI workflows, ultimately enabling organizations to maximize the value of their documents.

env0

Series A in 2023
env0 is a developer of Infrastructure-as-Code (IaC) management software based in Giv'atayim, Israel. The company offers a cloud management platform that allows businesses to efficiently manage their cloud infrastructure through environment provisioning, governance, and workflow tools. The platform is designed to empower a range of users, including developers, site reliability engineers, data scientists, and support staff, by providing a self-service environment that facilitates the handling of complex workloads. With capabilities for creating custom environments and running end-to-end tests on each pull request, env0 enables organizations to enhance productivity while maintaining cost control across major cloud providers such as AWS, Azure, and Google Cloud Platform.

Fordefi

Seed Round in 2022
Fordefi operates a multi-party computation (MPC) wallet platform that serves as a Web3 gateway for institutions, facilitating secure connections to decentralized applications (dApps) across various blockchain networks. As the first institutional MPC wallet and security platform specifically designed for decentralized finance, Fordefi offers a range of features including MPC key management, self-service DeFi policy controls, and time-of-transaction smart contract insights. Additionally, the platform provides transaction simulation and risk alerts, enabling market participants to engage with decentralized finance securely and efficiently.

Ox Security

Seed Round in 2022
Ox Security is a company that provides a comprehensive security platform aimed at protecting the software supply chain from vulnerabilities. Its solution offers real-time, end-to-end visibility into various elements that influence software security throughout the development pipeline. This visibility enables DevOps teams to monitor the entire software supply chain attack surface, including source code, pipeline, artifacts, container images, runtime assets, and applications. By focusing on the complexities of modern software development, Ox Security seeks to prevent attacks and enhance the overall security of software systems.

Code Ocean

Series B in 2022
Code Ocean, Inc. operates a cloud-based platform that facilitates the sharing, discovery, and execution of code and data in academic research. Founded in 2015 and based in New York, the platform supports researchers and developers by offering an open access environment where published software code can be easily accessed and run without the need for local installations. This end-to-end workflow solution enhances reproducibility by allowing users to compile all necessary code, data, and dependencies into a single self-contained compute capsule. The platform is designed to promote collaboration, enabling researchers to document their methodologies and ensure transparency in their computational processes. By providing tools that streamline research from inception to publication, Code Ocean empowers users across various fields, particularly bioinformatics and biology, to reproduce and build upon existing research findings.

Webiny

Seed Round in 2021
Webiny Ltd specializes in designing and developing an open-source serverless content management system (CMS) that caters to developers. Founded in 2012 and based in London, the company provides a platform that allows for the creation and deployment of serverless websites, applications, and GraphQL APIs, primarily utilizing technologies such as Node, React, and AWS Lambda. Webiny's services enable clients to build various digital solutions, including websites and e-commerce platforms, while facilitating marketing for travel agencies. By offering comprehensive developer tools, libraries, and ready-made applications, Webiny supports businesses in their efforts to digitize and enhance their operations.

Split Software

Series D in 2021
Split Software, Inc. is a feature delivery platform that provides solutions to enhance software development for engineering teams. Founded in 2015 and headquartered in Redwood City, California, with additional offices in Boston and Argentina, the company offers tools for feature release, customer targeting, and experience measurement. Its platform integrates the use of feature flags with data analytics, enabling teams to assess the impact of new features effectively. Split's solutions also support continuous delivery, quality and performance testing, and the migration to microservices, helping organizations like Twilio, Salesforce, and WePay to accelerate development cycles and reduce release risks. The company aims to foster a data-driven culture within engineering, project management, data science, and experimentation teams.

env0

Series A in 2021
env0 is a developer of Infrastructure-as-Code (IaC) management software based in Giv'atayim, Israel. The company offers a cloud management platform that allows businesses to efficiently manage their cloud infrastructure through environment provisioning, governance, and workflow tools. The platform is designed to empower a range of users, including developers, site reliability engineers, data scientists, and support staff, by providing a self-service environment that facilitates the handling of complex workloads. With capabilities for creating custom environments and running end-to-end tests on each pull request, env0 enables organizations to enhance productivity while maintaining cost control across major cloud providers such as AWS, Azure, and Google Cloud Platform.

Codefresh

Series C in 2021
Codefresh, Inc. is a developer of a cloud-based automation platform designed specifically for Kubernetes applications. Founded in 2014 and headquartered in Mountain View, California, with additional offices in Salt Lake City, Utah, and Givatayim, Israel, Codefresh provides tools that simplify and automate the software development lifecycle. Its platform enables businesses to manage workflows more efficiently by facilitating the building and sharing of images, either as standalone containers or within complex compositions. This approach allows developers to incorporate feedback before changes are promoted to staging, ultimately reducing costs and streamlining application deployment. Codefresh supports organizations in implementing continuous integration and continuous delivery (CI/CD) practices, helping DevOps teams deploy software safely and at scale. Notable clients include GoodRx, Monday.com, and Deloitte.

Split Software

Series C in 2020
Split Software, Inc. is a feature delivery platform that provides solutions to enhance software development for engineering teams. Founded in 2015 and headquartered in Redwood City, California, with additional offices in Boston and Argentina, the company offers tools for feature release, customer targeting, and experience measurement. Its platform integrates the use of feature flags with data analytics, enabling teams to assess the impact of new features effectively. Split's solutions also support continuous delivery, quality and performance testing, and the migration to microservices, helping organizations like Twilio, Salesforce, and WePay to accelerate development cycles and reduce release risks. The company aims to foster a data-driven culture within engineering, project management, data science, and experimentation teams.

env0

Funding Round in 2020
env0 is a developer of Infrastructure-as-Code (IaC) management software based in Giv'atayim, Israel. The company offers a cloud management platform that allows businesses to efficiently manage their cloud infrastructure through environment provisioning, governance, and workflow tools. The platform is designed to empower a range of users, including developers, site reliability engineers, data scientists, and support staff, by providing a self-service environment that facilitates the handling of complex workloads. With capabilities for creating custom environments and running end-to-end tests on each pull request, env0 enables organizations to enhance productivity while maintaining cost control across major cloud providers such as AWS, Azure, and Google Cloud Platform.

Codefresh

Series C in 2020
Codefresh, Inc. is a developer of a cloud-based automation platform designed specifically for Kubernetes applications. Founded in 2014 and headquartered in Mountain View, California, with additional offices in Salt Lake City, Utah, and Givatayim, Israel, Codefresh provides tools that simplify and automate the software development lifecycle. Its platform enables businesses to manage workflows more efficiently by facilitating the building and sharing of images, either as standalone containers or within complex compositions. This approach allows developers to incorporate feedback before changes are promoted to staging, ultimately reducing costs and streamlining application deployment. Codefresh supports organizations in implementing continuous integration and continuous delivery (CI/CD) practices, helping DevOps teams deploy software safely and at scale. Notable clients include GoodRx, Monday.com, and Deloitte.

Codefresh

Series B in 2018
Codefresh, Inc. is a developer of a cloud-based automation platform designed specifically for Kubernetes applications. Founded in 2014 and headquartered in Mountain View, California, with additional offices in Salt Lake City, Utah, and Givatayim, Israel, Codefresh provides tools that simplify and automate the software development lifecycle. Its platform enables businesses to manage workflows more efficiently by facilitating the building and sharing of images, either as standalone containers or within complex compositions. This approach allows developers to incorporate feedback before changes are promoted to staging, ultimately reducing costs and streamlining application deployment. Codefresh supports organizations in implementing continuous integration and continuous delivery (CI/CD) practices, helping DevOps teams deploy software safely and at scale. Notable clients include GoodRx, Monday.com, and Deloitte.
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