SunBridge Celebrates the Launch of Its Plug & Play Japan Pavilion With 1st Annual Tanabata Festival
SUNNYVALE, Calif.–(BUSINESS WIRE)–SunBridge Corporation, a venture capital and startup services firm with offices in the Japan and the US, is officially launching its Japan Pavilion in Plug & Play Tech Center today, with the hosting of the inaugural Silicon Valley Tanabata Festival.
SunBridge has been successfully investing in technology leaders in the US and Japan for over ten years, and has assisted many American startups in their Japan expansion plans, including Salesforce.com, Blue Spark, Webroot, KXEN and others. The Japan Pavilion is the fruition of a strategy to do the same in reverse for great Japan technology pioneers as they seek to grow internationally.
The Japan Pavilion will host successful Japanese technology companies seeking to expand their business footprint internationally by leveraging the vast resources available in the Silicon Valley startup ecosystem. The Pavilion’s first companies include APLogics, Eagle Software, eharvest, Eagle Inc., and K-NETS, and others are anticipated to arrive in the coming quarter.
In addition, beginning with the participation of Keio University’s SFC Innovation & Entrepreneurship Platform Consortium (KIEP) announced today, the Pavilion seeks to become a focal point for collaboration between Japanese universities and the Silicon Valley ecosystem.
On the seventh day of the seventh month of every year, Tanabata is a celebration of hopes and wishes, with individuals’ wishes inscribed on colorful strips of paper (Tanzaku) attached to bamboo trees. The Silicon Valley Tanabata Festival will be fostering the hopes and dreams of Silicon Valley entrepreneurs, who can tie their wishes to bamboo stalks, which as the fastest growing and among the most versatile of plants, offer a suitable symbol for the aspirations of entrepreneurs. Information on the event can be found at http://www.tanabata.us.
SunBridge Corporation is a preeminent venture capital and startup services team with global headquarters in Tokyo and offices in the US. With over 150 employees, SunBridge has created an extensive support network and professional services group with executive search, hosting, systems integration and other services for both startups and established technology leaders in Japan. Affiliates include SunBridge Solutions (professional services), SunBridge Ansys (hosting), Japan Venture Research (Japan’s leading VC funding database), and SunBridge Partners (US venture capital). With over $100M under management, SunBridge has played a key role in the success of its portfolio companies, including Salesforce.com, Salesforce Japan, Macromill, G-Mode, Shicoh, ITMedia and others. More information can be found at www.sunbridge.com and www.sunbridgepartners.com.
About Plug & Play
Plug and Play, a Silicon Valley startup accelerator, brings together investment professionals with entrepreneurial experience to build profitable, global enterprises from the ground up. Plug and Play’s founders have helped a number of well-known firms, including Pay Pal. Since Plug and Play began in 2006, its tenants have collectively raised more than $700 million in funding. More information can be found a www.plugandplaytechcenter.com.