Gavriella Schuster, Microsoft corporate vice president for commercial partner channels and programs, left, with Carrie Francey, Hewlett Packard Enterprise vice president strategic alliances, at the inaugural Women in Cloud Summit in Redmond. (Tony Lystra Photo)

Microsoft and Hewlett Packard Enterprise are launching a new six-month Cloud Accelerator Lab to help women start businesses in the cloud — providing mentorship, training and access to their formidable distribution channels.

That was just one of the new initiatives unveiled at the inaugural Women in Cloud Summit, held Friday on the Microsoft campus in Redmond, Wash.

Also announced: a new venture capital fund called the Sybilla Masters Fund, named after the woman considered America’s first female inventor.

The fund’s organizers are seeking to raise $100 million, and will only back companies with at least one woman on the founding team, said one of the fund’s founding members, Gillian Muessig, the investor and technology executive who co-founded Seattle-based marketing tech company Moz. Other founding members are Microsoft veteran Alka Badshah, and Anne Kennedy, president of Outlines Venture Group.

Chaitra Vedullapalli, co-organizer of the Women in Cloud Summit. (Tony Lystra Photo)

The goal of the Women in Tech Summit was to help create “a …read more

Source:: GeekWire

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