Costanoa Ventures, a Palo Alto, CA-based venture capital firm focused on early-stage enterprise technology startups, closed its third fund, at $175m.
The fund, which brings the total capital under management by the firm to over $500m, focuses on early stage company formation to Series A for technologies that seek to capitalize on the shift towards a data-driven, cloud-based, and mobile-centric world.
Beyond capital, the firm provides companies with deep functional expertise and support. Over the last two years, Costanoa built an Operating Team to help founders craft the right go-to-market capabilities to grow efficiently and build their companies.
Founded in 2012 by Greg Sands, Managing Partner, Costanoa focuses on the B2B infrastructure that changes how business gets done including companies such as: Enterprise data company Alation, security company Bugcrowd, and account-based marketing company, Demandbase.