Zetta Venture Partners, a San Francisco, CA-based venture capital firm focused on intelligent enterprise software, closed its second fund of $100m.
The new fund, which has brought total assets under management to $160m, aims to continue to take the oppportunity given by intelligent enterprise software which computes huge volumes of data, and then learns from this data to analyze, predict and prescribe outcomes, with applications in all industries.
Formed in 2013 and led by Ash Fontana and Mark Gorenberg, Zetta Venture Partners and since partnered with 16 early stage companies, typically as the first institutional investor.
The current portfolio includes Appdiff, Clearbit, Domo, Domino Data Lab, EventBoard, Focal Systems, InsideSales, Kaggle, Lilt, Lucid Design Group and Tractable. Bebop was acquired by Google in 2015.
Zetta, which plans to partner with 20 more companies in this second fund, has also announced that Josh James (Co-founder of Omniture and Founder of Domo) and Jeff Kearl (Founder of Stance) joined as Venture Partners to develop and support founding CEOs.