Top 12 Venture Capital Firms Investing in Cloud Computing Startups

For founders in the Cloud Computing and SaaS space, knowing which investors understand your business is critical when preparing to raise capital. Focusing on the right venture capital firms saves you time and connects you with partners who appreciate your specific model and technology.

To help you prepare, our team at Rho curated this overview of top VC firms investing in cloud infrastructure and enterprise software. We designed this guide to help you quickly identify relevant investors for your startup, whether you're seeking seed funding or later-stage capital.

Rho provides access to business banking, corporate cards, and bill pay — built for startup teams moving fast.

Key Takeaways

• For a cloud computing startup, securing venture funding provides the capital needed to scale infrastructure, accelerate product development, and expand your customer base.

• Venture capital firms like Illuminate Ventures, Benhamou Global Ventures, Salesforce, and Primer Sazze Partners are notable backers of startups in the cloud computing industry.

• If you are raising or have just closed a round, Rho helps you manage your capital with integrated business banking, corporate cards, and automated bill pay.

Which VC Firms in Cloud Computing Are Right for Your Stage?

Whether you're an early-stage company or preparing for an exit, it helps to know which investors to approach. We've created a quick overview of which VC firms in cloud computing invest at each stage.

Pre-seed and Seed VC Firms in Cloud Computing

Pre-seed and seed funding are the earliest forms of venture capital, intended to help founders develop an initial product and find market validation. For SaaS and enterprise software startups, firms like Spider Capital and Primer Sazze Partners focus on this crucial first round, while venture studios such as GSD Venture Studios also provide foundational support.

Early Stage VC Firms in Cloud Computing

Early-stage funding, which typically includes Series A and B rounds, is for companies with established product-market fit that need capital to scale their team and accelerate growth. Among early-stage VC firms, Ignition Partners and Illuminate Ventures are known for backing B2B software companies that can show rapid, measurable ROI.

Late Stage VC Firms in Cloud Computing

Late-stage capital is for mature companies seeking to expand into new markets, make strategic acquisitions, or prepare for an exit via an IPO or merger. Technology-focused VC firms like Light Street Capital and East Los Capital specialize in this phase, providing growth equity to established leaders.

Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

It is also common for software investors and multistage VC firms like Benhamou Global Ventures and Voyager Capital to invest across the full spectrum of a company's lifecycle, from seed to exit.

Here is a closer look at the top VC firms that focus on the cloud computing industry. We've outlined key details about their investment stages, geographic focus, and what makes each firm distinct for founders.

1. Illuminate Ventures

Illuminate Ventures concentrates on B2B and enterprise software companies, especially those in a more developed seed stage. The firm prioritizes businesses that can demonstrate a rapid and measurable return on investment.

Their portfolio includes notable exits, such as the multi-billion dollar IPO for e-commerce giant Coupang and the acquisition of SaaS provider Xactly. This history highlights a focus on scalable B2B models with clear potential for market leadership.

This firm could be a strong match if you are a founder with a B2B software solution that has already gained some market traction. They are well-suited for teams that can clearly articulate how their product creates tangible value for customers.

• Investment stages: Seed to late-stage venture
• Industries of focus: Enterprise Software, SaaS, AI, Big Data, and Cloud Computing
• Geographical presence: Based in Oakland, California
• Founded: 2010
• Notable portfolio companies: Coupang, Xactly, Opsmatic
• Portfolio size: The firm has made over 65 investments, resulting in 11 exits.

You can refer to their website here.

2. Benhamou Global Ventures

Benhamou Global Ventures (BGV) is a multistage firm that partners with B2B technology startups. Their goal is to help build these companies into future industry leaders across enterprise technology.

The firm invests across a company's lifecycle, from seed to late-stage rounds, with a focus on sectors like cybersecurity, cloud computing, and finance. Their portfolio includes notable exits like the public listing of Grid Dynamics and the enterprise adoption of customer-success platform Totango.

BGV is a good fit for founders of B2B tech companies who are looking for a long-term capital partner. Their cross-stage investment strategy means they can support a company from its earliest days through to a major exit.

Once you secure funding from a firm like BGV, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help you manage and deploy that capital efficiently.

• Investment stages: Seed, early-stage, and late-stage venture
• Industries of focus: Cloud Computing, Cyber Security, Blockchain, and Financial Services
• Geographical presence: Menlo Park, California
• Founded: 2004
• Notable portfolio companies: Grid Dynamics, Totango, Lifesize, Finjan Holdings
• Portfolio size: Over 116 investments and 22 exits

You can refer to their website here.

3. Salesforce

Salesforce Ventures is the corporate venture capital arm of the global CRM leader, Salesforce. It invests in the next generation of enterprise technology companies, aiming to extend the Salesforce ecosystem.

The firm has a clear focus on artificial intelligence, backing high-profile AI unicorns like Anthropic and Cohere through its dedicated AI fund. This strategic priority is aimed at companies building foundational models and AI-driven applications.

Salesforce Ventures is an ideal partner for founders building enterprise software, especially in the AI and SaaS sectors. Companies that can benefit from or integrate with the broader Salesforce platform will find this a particularly strategic relationship.

• Industries of focus: Artificial Intelligence (AI), Cloud Computing, CRM, SaaS, and Software
• Geographical presence: San Francisco, California
• Founded: 1999
• Notable portfolio companies: Anthropic, Cohere, Runway, Mistral AI, Hugging Face
• Portfolio size: Over 68 investments and 17 exits

You can refer to their website here.

4. Primer Sazze Partners

Primer Sazze Partners is a California-based venture capital firm that invests in early-stage companies with ambitious, world-changing potential. They primarily provide seed and early-stage funding to help founders build their initial product and establish a market presence.

The firm’s portfolio shows a broad interest across sectors, backing companies like music-analytics platform Chartmetric and generative-AI company Upstage AI. This signals a focus on product-centric businesses with large market opportunities, rather than a narrow industry thesis.

Primer Sazze Partners is a strong potential match if you are a founder with a big idea at the earliest stages of your company. Their approach appears well-suited for teams that have a clear vision and are looking for a partner to back them from the start.

• Investment stages: Seed and early-stage venture
• Industries of focus: Cloud Computing, Content, Social, Travel
• Geographical presence: San Jose, California
• Founded: 2018
• Notable portfolio companies: Chartmetric, Tapas Media, Cupix, Upstage AI
• Portfolio size: 124 investments and 3 exits

You can refer to their website here.

5. Light Street Capital

Light Street Capital is a global investment firm that backs technology and media companies across both private and public markets. They focus on providing capital to businesses that are leaders in their respective sectors.

The firm invests across a company's full lifecycle, from early venture stages through to post-IPO. Their portfolio includes high-profile exits like Slack's acquisition by Salesforce and the IPOs of Uber, Unity, and GitLab.

This firm is a strong fit for founders of high-growth, market-defining companies that are scaling toward a public listing or a major acquisition. Their public and private market expertise is valuable for late-stage teams.

• Investment stages: Early-stage venture, late-stage venture, post-IPO, and secondary market

• Industries of focus: Technology, Media, Cloud Computing, E-Commerce, and Financial Services

• Geographical presence: Palo Alto, California

• Founded: 2010

• Notable portfolio companies: Uber, Slack, Unity, GitLab, AMD

• Portfolio size: The firm has made 26 investments with 11 exits.

You can refer to their website here.

6. Seven Peaks Ventures

Seven Peaks Ventures is an early-stage venture capital firm that invests in highly scalable software companies. They provide capital to businesses from the seed stage onward, aiming to support their growth.

The firm shows a strong focus on enterprise software and health-tech, with notable exits like mobile ad network Vungle and digital health platform Bright.md. Their investment in real-estate marketplace CrowdStreet, a potential "soonicorn," also points to an interest in high-growth platform businesses.

This firm is a strong fit for founders of early-stage software companies, particularly in the enterprise or health-tech sectors. Their track record is well-suited for teams with a clear path to scalability and market leadership.

• Investment stages: Seed, early-stage, and late-stage venture

• Industries of focus: Enterprise Software, Health Care, Cloud Computing, and Information Technology

• Geographical presence: San Francisco, California

• Founded: 2013

• Notable portfolio companies: Vungle, Bright.md, CrowdStreet

• Portfolio size: The firm has made 65 investments with 14 exits.

You can refer to their website here.

7. Voyager Capital

Voyager Capital is a venture firm that provides entrepreneurs with the resources and connections to build successful technology companies. They invest across multiple stages, from seed to late-stage rounds, with a focus on software, big data, and cloud infrastructure.

The firm has a strong track record of guiding companies to public exits, including the IPOs of ChargePoint and Amplitude and the SPAC merger of FiscalNote. Their portfolio also includes high-growth companies like real-time AI firm DataStax and autonomous robotics maker Carbon Robotics, a company listed by Tracxn as a "soonicorn."

Voyager Capital is a good fit for founders of B2B tech companies who want a partner for the long haul. Their multi-stage approach is ideal for teams seeking support from seed funding through to a potential IPO.

• Investment stages: Seed, early-stage, and late-stage venture

• Industries of focus: Software, Big Data, Cloud Computing, and FinTech

• Geographical presence: Seattle, Washington

• Founded: 1997

• Notable portfolio companies: ChargePoint, Amplitude, FiscalNote, DataStax, Carbon Robotics

• Portfolio size: 185 investments and 52 exits

You can refer to their website here.

8. Ignition Partners

Ignition Partners is an early-stage venture capital firm that invests in enterprise software. They focus on helping entrepreneurs build foundational technology companies.

The firm is known for backing some of the biggest names in enterprise tech, including machine-data company Splunk and e-signature pioneer DocuSign. This history of major IPOs and acquisitions points to a strategy of identifying companies with the potential for significant market impact.

This firm is a strong choice for founders of early-stage B2B software companies, particularly in cloud infrastructure and cybersecurity. Their expertise is ideal for teams with ambitions to create a category-defining business.

Once you secure funding from a firm like Ignition Partners, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help you manage and deploy that capital efficiently.

• Investment stages: Early-stage venture

• Industries of focus: Enterprise Software, Cloud Computing, Cyber Security, IT Infrastructure

• Geographical presence: Los Altos, California

• Founded: 2000

• Notable portfolio companies: Splunk, DocuSign, Cloudera, Heroku

• Portfolio size: 315 investments and 95 exits

You can refer to their website here.

9. Spider Capital

Spider Capital is a seed-stage venture firm that focuses on enterprise software companies. They back startups that are part of the digital transformation of industry.

The firm is known for backing foundational companies that achieve major exits. Their portfolio includes modern internal-ticketing software atSpoke, which was purchased by Okta, and mobile backend developer Firebase, acquired by Google.

This firm is a strong match for founders of seed-stage enterprise startups, especially those with deep technical products. They are well-suited for teams building foundational software for other businesses.

Once you secure funding from a firm like Spider Capital, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help you manage and deploy that capital efficiently.

• Investment stages: Seed, early-stage, and late-stage venture

• Industries of focus: Enterprise Software, Cloud Computing, FinTech, and Software

• Geographical presence: San Francisco, California

• Founded: 2015

• Notable portfolio companies: AppLovin, Firebase, atSpoke, Apollo GraphQL

• Portfolio size: 75 investments and 10 exits

You can refer to their website here.

10. GSD Venture Studios

GSD Venture Studios is a venture studio and accelerator that helps entrepreneurs with global ambitions. Their model is built around supporting resilient founders to take their companies international, reflected in their "#GoGlobal" motto.

The firm operates as more than just a capital provider, functioning as an accelerator and entrepreneurship program. Their portfolio includes companies like crypto-payroll service Bitwage and augmented-reality glasses maker Eyedaptic, showing a focus on B2B tech with international potential.

GSD is a good match for founders of early-stage companies who are building technology for a global market from day one. Their hands-on, accelerator-style approach is best for teams seeking operational support alongside capital.

• Investment stages: Early-stage venture, late-stage venture, private equity, and ICO
• Industries of focus: Cloud Computing, Cyber Security, FinTech, and Mobile Apps
• Geographical presence: Menlo Park, California
• Founded: 2019
• Notable portfolio companies: Bitwage, Eyedaptic, Xoxoday, Rehaboo
• Portfolio size: The firm has made 56 investments.

You can refer to their website here.

11. East Los Capital

East Los Capital is a private equity and venture capital firm that invests in tech-enabled companies in the lower middle market. Their focus spans software, services, internet, healthcare, and media sectors.

The firm has a history of backing high-growth companies with clear exit potential. Their portfolio includes cloud-services partner Caylent, which saw over 300% year-over-year growth before its acquisition, and several unicorns like AI-powered software maker FLYR Labs. This demonstrates a focus on businesses with strong performance and market leadership.

East Los Capital is a good match for founders leading established, high-growth companies in their target industries. Their dual focus on private equity and venture capital makes them a versatile partner for businesses scaling toward a major acquisition or other exit.

Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

• Investment stages: Private equity and venture

• Industries of focus: Software, Services, Internet, Healthcare, Consumer, Media, and Cloud Computing

• Geographical presence: Los Angeles, California

• Founded: 2018

• Notable portfolio companies: Caylent, Basepaws, Finix, FLYR Labs, TRM Labs

• Portfolio size: 22 investments and 7 exits

You can refer to their website here.

12. Better Food Ventures

Better Food Ventures provides capital to technology innovators working to create a positive impact in the food and agriculture sectors. The firm backs companies that are making measurable improvements to the food system.

The firm has a distinct focus on early-stage AgTech and FoodTech, with a portfolio that includes AI-powered grocery software Afresh Technologies. Their track record shows a pattern of guiding companies to successful acquisitions, including smart lighting maker LumiGrow and flavor analytics platform Gastrograph.

This firm is a strong match for founders at the seed or early stages whose companies are centered on food or agriculture technology. They are particularly well-suited for teams building products with a clear positive impact and a viable path toward an acquisition.

Once you secure funding from a firm like Better Food Ventures, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help you manage and deploy that capital efficiently.

• Investment stages: Seed and early-stage venture

• Industries of focus: Agriculture, AgTech, Cloud Computing, Food and Beverage, Machine Learning, Retail Technology

• Geographical presence: Menlo Park, California

• Founded: 2013

• Notable portfolio companies: Afresh Technologies, Love With Food, Nima Sensor, LumiGrow

• Portfolio size: 20 investments and 4 exits

You can refer to their website here.

What This Tells Us About The VC Scene for Cloud Computing Companies

This overview of investors shows that capital for cloud computing companies is well-distributed across different growth phases. You'll find firms that focus specifically on seed and early rounds, as well as multi-stage investors prepared to offer support from your first check through to an exit. This balance means that whether you are just starting or scaling up, there are potential partners available.

A noticeable trend is the geographic concentration of these firms. While the list includes a variety of investor types, from corporate VCs to venture studios, most are based on the U.S. West Coast, particularly in California. For founders, this suggests that building connections in these technology hubs remains an important part of the fundraising process.

Raise Confidently with Rho

Knowing which investors to approach saves you valuable time and energy during a fundraise. We hope this guide gives you a clear starting point for building relationships with the right partners for your company.

Once your round is closed, managing the new capital is the next critical step. If you’ve just raised, Rho can help you set up your financial stack in minutes so you can focus on growing your business.

Our platform provides integrated business banking, corporate cards, and automated bill pay designed for startups. With Rho, you can manage and deploy your capital with confidence.

FAQs about Venture Capital Firms Focused on Cloud Computing

Which tech venture capital firms are in New York?

New York has a strong ecosystem of tech investors. Firms like Insight Partners and FirstMark Capital are major players, often backing enterprise software and SaaS companies from their earliest stages through to global expansion.

Are there European venture capital firms for SaaS startups?

Yes, Europe has a growing number of SaaS-focused VCs. Firms like Index Ventures and Accel have strong European presences, actively funding cloud and enterprise software companies from seed rounds to later growth stages across the continent.

What do seed venture capital firms look for in cloud startups?

Seed investors typically focus on the founding team's expertise, the size of the market opportunity, and early signs of product-market fit. A clear vision for how your technology solves a real problem is essential for them.

How should I prepare to meet with cloud computing VC firms?

Research the firm’s portfolio to ensure alignment. Prepare to clearly explain your technology, business model, and go-to-market strategy. Have a solid understanding of your key metrics and be ready to discuss your team's strengths.

What is the difference between corporate and traditional VC firms?

Traditional VCs focus purely on financial returns. Corporate VCs, like Salesforce Ventures, also seek strategic value by investing in startups that can enhance their parent company’s ecosystem, offering you unique partnership opportunities.

How can Rho help my startup manage its new funding?

Once your round is closed, Rho helps you manage the capital. Our platform offers integrated business banking, corporate cards, and automated payments, giving you the financial tools to deploy funds efficiently and scale your business.