Top 12 Venture Capital Firms Investing in Cloud Computing Startups

For founders in the cloud computing space, preparing to raise capital means more than just perfecting your pitch. Understanding which venture capital firms specialize in software, SaaS, or infrastructure is a critical first step to finding the right partners.

To help you find the right investors, our team at Rho has put together this overview of top VC firms active in the cloud technology sector. Think of it as a starting point for your research, designed to help you quickly identify firms that align with your company's vision.

Just raised, or about to? Set up your financial stack with Rho in minutes. We provide business banking, corporate cards, and bill pay—all built for startup teams moving fast.

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

Whether your company is in its early days or preparing for an exit, it helps to know which investors to approach. Here is a brief overview of venture capital firms that invest in cloud companies, organized by their typical investment stage.

Pre-seed and Seed VC Firms in Cloud Computing

The seed stage is where you secure your first institutional capital, typically to finalize your product and establish early market fit. For founders of cloud computing startups, seed venture capital firms like Spider Capital and Primer Sazze Partners focus on enterprise software, while others such as Better Food Ventures back companies applying cloud technology to specific industries.

Early Stage VC Firms in Cloud Computing

Early-stage funding, which includes Series A and B rounds, is for companies with a validated product ready to build out sales and marketing teams for significant growth. Among the many early stage VC firms in this category, you might consider approaching enterprise technology investors such as Ignition Partners or Illuminate Ventures.

Late Stage VC Firms in Cloud Computing

Late-stage rounds provide capital for mature companies to scale aggressively, pursue acquisitions, or prepare for an exit through an IPO or M&A. Technology VC firms like Light Street Capital and East Los Capital are examples of investors that participate in these later rounds, often with a private equity focus.

It's also worth noting that many firms are multistage investors, participating in rounds across the startup lifecycle.

Here is a closer look at several top VC firms that focus on the cloud computing sector. We've outlined their investment stages, geographic focus, and other key details to help you determine if they are a good fit for your company.

1. Illuminate Ventures

Based in Oakland, California, Illuminate Ventures invests in B2B enterprise software companies. They concentrate on seed-stage businesses that are further along in their development and can demonstrate a rapid, measurable return on investment.

The firm’s portfolio shows a strong history in SaaS, including notable exits like the e-commerce company Coupang and sales-performance platform Xactly. This focus on solutions with clear ROI suggests a product-centric investment strategy.

Illuminate Ventures may be a good match if you are a founder of an enterprise software startup with early traction. They are well-suited for companies that have a validated product solving a distinct business problem.

• Investment stages: Seed, early-stage, and late-stage venture
• Industries of focus: Enterprise software, SaaS, AI, and cloud computing
• Geographical presence: Oakland, California
• Founded: 2010
• Notable investments: Coupang, Xactly, Opsmatic
• Portfolio size: 65 investments

You can refer to their website here.

2. Benhamou Global Ventures

Based in Menlo Park, California, Benhamou Global Ventures (BGV) focuses on building the next generation of B2B technology companies. The firm invests across seed, early, and late stages, with a clear emphasis on enterprise technology in sectors like cybersecurity and cloud computing.

Their portfolio highlights a track record of significant exits, including the IPO of Grid Dynamics and the acquisition of 3Com by Hewlett-Packard. This history suggests a focus on guiding companies toward substantial long-term outcomes.

BGV could be a strong partner if you are a founder of a B2B tech startup, particularly in cybersecurity or cloud infrastructure. Their multi-stage investment approach makes them suitable for founders seeking a long-term financial and strategic partner.

• Investment stages: Seed, early-stage, and late-stage venture
• Industries of focus: Cloud computing, cybersecurity, blockchain, and financial services
• Geographical presence: Menlo Park, California
• Founded: 2004
• Notable investments: Grid Dynamics, 3Com, Totango, Finjan Holdings
• Portfolio size: 116 investments

You can refer to their website here.

3. Salesforce

Salesforce Ventures is the corporate venture capital arm of Salesforce, the well-known cloud software company. It primarily invests in enterprise cloud companies, extending the Salesforce ecosystem.

The firm has a clear focus on the next wave of technology, particularly generative AI. Its portfolio features several high-profile AI unicorns, including Anthropic, Cohere, and Mistral AI, backed by its dedicated AI fund.

This firm is an ideal partner if you are building enterprise software, especially with a strong AI component. The strategic alignment with Salesforce can offer portfolio companies unique access to a massive customer base and distribution channels.

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

You can refer to their website here.

4. Primer Sazze Partners

Primer Sazze Partners is a San Jose-based firm that invests in seed and early-stage companies. They look for founders with ambitious, world-changing ideas that have the potential to create significant market impact.

The firm invests across a wide range of industries, from cloud computing to social and content platforms. Their portfolio includes companies with strong AI applications, such as the South Korean generative-AI company Upstage AI.

This firm could be a good fit if you are an early-stage founder with a big vision that extends beyond a single product. Their interest in diverse sectors suggests an openness to unique, category-defining business models.

• Investment stages: Seed, early-stage venture
• Industries of focus: Cloud computing, content, social, travel
• Geographical presence: San Jose, California
• Founded: 2018
• Notable investments: Chartmetric, Tapas Media, Cupix, Imprimed
• Portfolio size: 124 investments

You can refer to their website here.

5. Light Street Capital

Based in Palo Alto, Light Street Capital invests globally in both private and public technology and media companies. The firm participates in rounds across the company lifecycle, from early-stage venture investments to post-IPO equities.

The firm has a history of backing major technology players, with a portfolio that includes Uber, Slack, and GitLab. This blend of private and public investments shows a flexible, long-term approach to partnering with companies on their path to scale.

Light Street Capital is a good match for founders of high-growth companies with significant market traction. Their experience with late-stage financing and public markets makes them a strong partner for businesses preparing for an IPO or a major exit.

• Investment stages: Early-stage venture, late-stage venture, post-IPO, and secondary market
• Industries of focus: Technology, media, cloud computing, e-commerce, and social media
• Geographical presence: Palo Alto, California
• Founded: 2010
• Notable investments: Uber, Slack, Unity, GitLab, AMD
• Portfolio size: 26 investments

You can refer to their website here.

6. Seven Peaks Ventures

Seven Peaks Ventures is an early-stage venture capital firm based in San Francisco that funds highly scalable software businesses. They focus on companies with the potential for significant growth, often getting involved at the seed stage.

The firm's portfolio shows a strong track record in enterprise software and health-tech, with several notable acquisition exits like the mobile ad network Vungle. Their investment in CrowdStreet, a real-estate tech "soonicorn," points to a focus on businesses with high growth potential.

Seven Peaks may be a good partner if you are an early-stage founder building a scalable software company, particularly in the enterprise or health-tech sectors. Their history of successful acquisitions suggests they are well-equipped to support founders aiming for a strong exit.

• Investment stages: Seed, early-stage, and late-stage venture
• Industries of focus: Enterprise software, health care, cloud computing, and advertising platforms
• Geographical presence: San Francisco, California
• Founded: 2013
• Notable investments: Vungle, Bright.md, Enlitic, CrowdStreet
• Portfolio size: 65 investments

You can refer to their website here.

7. Voyager Capital

Voyager Capital is a Seattle-based firm that provides tech entrepreneurs with capital, expertise, and network connections to grow their companies. They invest across multiple stages, from seed to late-stage rounds, with a focus on software-driven businesses in the Pacific Northwest and beyond.

The firm has a strong history of guiding companies to the public markets, with notable IPO exits like the electric-vehicle network ChargePoint and analytics software company Amplitude. Their portfolio also includes high-growth companies in specialized sectors, such as the AI database firm DataStax and ag-tech robotics maker Carbon Robotics.

Voyager Capital could be a great partner if you are a founder of a B2B software company with ambitions for a large-scale exit. Their experience with IPOs and focus on sectors like FinTech and cloud infrastructure make them well-suited for founders seeking a long-term partner.

• Investment stages: Seed, early-stage, and late-stage venture
• Industries of focus: Software, Big Data, Cloud Computing, FinTech
• Geographical presence: Seattle, Washington
• Founded: 1997
• Notable investments: ChargePoint, Amplitude, FiscalNote, DataStax, Carbon Robotics
• Portfolio size: 185 investments

You can refer to their website here.

8. Ignition Partners

Ignition Partners is an early-stage venture capital firm in Los Altos, California, that supports entrepreneurs in enterprise software and IT infrastructure. They focus on helping founders capitalize on market opportunities.

The firm has a history of backing companies that achieve significant scale, with a portfolio that includes major exits like the IPO of Splunk and DocuSign's public offering. This track record, which also includes foundational cloud companies like Heroku and Cloudera, points to a focus on building large, market-defining businesses.

Ignition Partners could be a good choice if you are a founder of an early-stage B2B software company, especially in cybersecurity or cloud infrastructure. Their experience is well-suited for founders aiming for a major IPO or acquisition.

• Investment stages: Early-stage venture
• Industries of focus: Enterprise software, IT infrastructure, cloud computing, and cybersecurity
• Geographical presence: Los Altos, California
• Founded: 2000
• Notable investments: Splunk, DocuSign, Cloudera, Heroku
• Portfolio size: 315 investments

You can refer to their website here.

9. Spider Capital

Spider Capital is a San Francisco-based firm that invests in seed-stage enterprise software companies. They concentrate on startups that are driving the digital transformation of various industries.

The firm's portfolio shows a focus on companies with strong technical products, including the developer platform Apollo GraphQL. Their track record includes significant exits like Firebase, which was acquired by Google, and the mobile advertising platform AppLovin, which went public.

Spider Capital is a good fit for founders of seed-stage enterprise software startups. They are particularly well-suited for companies building foundational technologies or developer tools with clear potential for acquisition or an IPO.

• 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 investments: AppLovin, Firebase, Apollo GraphQL, atSpoke
• Portfolio size: 75 investments

You can refer to their website here.

10. GSD Venture Studios

GSD Venture Studios is a Menlo Park-based firm that operates as a venture studio and accelerator. They specialize in helping resilient founders expand their businesses to international markets.

The firm's #GoGlobal philosophy is a core part of its identity, supporting founders with international ambitions. Their portfolio shows a pattern of guiding companies to successful exits, including the employee rewards platform Xoxoday and the crypto payroll service Bitwage.

GSD could be a great partner if you are a founder who needs hands-on support to enter new global markets. Their broad industry focus makes them suitable for ambitious entrepreneurs in sectors from FinTech to health-tech.

• Investment stages: Early-stage, late-stage, private equity, and ICOs
• Industries of focus: Cloud computing, cybersecurity, FinTech, and mobile apps
• Geographical presence: Menlo Park, California
• Founded: 2019
• Notable investments: Xoxoday, Bitwage, Eyedaptic
• Portfolio size: 56 investments
• Model: Venture studio, accelerator, and venture capital

You can refer to their website here.

11. East Los Capital

East Los Capital is a Los Angeles-based firm that operates as both a private equity and venture capital investor. They back tech-enabled companies in the lower middle market, with a focus on software, services, and media.

The firm has a strong record with tech-enabled service companies, highlighted by their successful exit from Caylent, an AWS partner. Their portfolio also includes high-growth companies like payments platform Finix and the pet-genomics company Basepaws.

East Los Capital is a good match for founders of established tech-enabled businesses seeking growth capital for scaling. Their private equity focus makes them particularly suitable for companies with clear revenue streams that are preparing for a major acquisition.

• Investment stages: Private equity, venture
• Industries of focus: Software, cloud computing, IT services, healthcare, and media
• Geographical presence: Los Angeles, California
• Founded: 2018
• Notable investments: Caylent, Finix, FLYR Labs, TRM Labs
• Portfolio size: 22 investments

You can refer to their website here.

12. Better Food Ventures

Better Food Ventures is a Menlo Park-based firm that backs technology companies making a positive impact on the food and agriculture industries. They invest in seed and early-stage startups, concentrating on innovators with solutions ready to be implemented.

The firm has a distinct focus on the intersection of technology and food, from ag-tech to retail software. Their portfolio shows a pattern of building companies toward successful acquisitions, including the healthy-snack service Love With Food and the smart-lighting company LumiGrow.

This firm may be a good partner if you are a founder applying technology, such as cloud computing or AI, to solve problems in the food supply chain. They are well-suited for early-stage companies with a tangible product and a business model geared toward an eventual exit.

• Investment stages: Seed, early-stage venture
• Industries of focus: Food and beverage, agriculture, AgTech, retail technology, machine learning, cloud computing
• Geographical presence: Menlo Park, California
• Founded: 2013
• Notable investments: Afresh Technologies, Love With Food, Nima Sensor, LumiGrow
• Portfolio size: 20 investments

You can refer to their website here.

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

The variety of firms on this list shows that the investment environment for cloud computing companies is quite healthy. You'll find capital available across all stages, from seed investors like Primer Sazze Partners to late-stage specialists such as Light Street Capital. Many firms also invest across the entire company lifecycle, offering the potential for a long-term partnership.

Geographically, venture capital for this sector remains heavily concentrated on the West Coast, particularly in California's Bay Area. While this list is not exhaustive, it suggests that founders outside this region may need to be more proactive in their networking. The diversity of investor types—from corporate VCs to venture studios—also means you have options when finding a partner that fits your company's specific needs.

Raise Confidently with Rho

Fundraising requires significant time and energy, which is why a focused list of relevant investors is so valuable. Knowing who to approach helps you direct your efforts where they will count the most.

Once your round is closed, the work of managing that capital begins. If you’ve just raised, Rho can help you set up your financial stack in minutes.

Our platform provides the tools you need to put your new funding to work efficiently. We offer integrated business banking, corporate cards, and automated bill pay, all designed for startups.

FAQs about Venture Capital Firms Focused on Cloud Computing

Which New York VC firms invest in cloud computing?

Major tech hubs like New York City are home to numerous technology VC firms that fund cloud startups. While our list focuses on West Coast investors, you'll find many multi-stage firms with a strong enterprise software or SaaS focus.

How do I find Series A venture capital firms for my SaaS startup?

Focus on early-stage VCs with a portfolio in enterprise software. Firms like Ignition Partners and Illuminate Ventures on our list are great examples. Research their recent investments to confirm they are actively funding companies at your stage and valuation.

Are there many European venture capital firms for cloud startups?

Yes, the European VC ecosystem is growing, with many firms in London, Berlin, and Paris focusing on B2B software and cloud infrastructure. Some US-based firms, like Light Street Capital, also invest globally, expanding your options beyond local investors.

What should I look for in a cybersecurity venture capital firm?

Look for firms with partners who have direct operational or security experience. Investors like Benhamou Global Ventures and Ignition Partners have deep expertise in this area, which can provide more than just capital, including valuable industry connections and guidance.

How can my cloud startup get noticed by top VC firms?

Top firms look for strong founding teams, a clear product-market fit, and measurable traction. A warm introduction from a trusted contact in their network is often the most effective way to get a meeting and present your company.

What is the best way to manage capital after a funding round?

Once your round closes, you need a financial stack built for growth. Our platform provides integrated banking, corporate cards, and spend management to help you deploy capital efficiently. Get started with Rho in minutes.