Top 12 Venture Capital Firms Investing in Cloud Computing Startups

For founders building in the Cloud Computing or SaaS space, understanding which investors are active is a critical part of preparing to raise capital. Finding the right tech venture capital firms means looking for partners who get your business model and market, not just any source of funding.

To help you identify relevant investors, our team curated this overview of top VC firms. We've focused on software and cloud-focused venture capital firms, from early-stage to multistage, to give you a clear starting point for your fundraising research.

Actively raising? You can now access non-dilutive funding options like venture debt and credit lines through Rho Capital. Rho also provides access to business banking, corporate cards, and bill pay—built for startup teams moving fast.

Key Takeaways

• For a startup in the cloud computing sector, securing venture funding provides the capital and strategic guidance necessary for growth and product development.
• VCs active in the cloud computing industry include notable backers like Illuminate Ventures, Benhamou Global Ventures, Salesforce, and Primer Sazze Partners.
• Once you've secured funding, Rho helps you manage your new capital with integrated business banking, corporate cards, and bill pay tools.

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

Knowing which investors to talk to is important at every stage, from your first round to a potential exit. To help, we've put together a quick look at cloud computing VC firms and the stages at which they typically invest.

Pre-seed and Seed VC Firms in Cloud Computing

This initial funding stage is for founders who are just getting started, often with an early product or a strong vision. Seed-stage software investors are looking for great teams and large market opportunities, and firms like Spider Capital and Primer Sazze Partners focus on providing this first round of institutional capital.

Early Stage VC Firms in Cloud Computing

Early-stage funding, which includes Series A and B rounds, is for startups that have found product-market fit and are ready to scale their commercial operations. Enterprise technology venture capital firms in this category, such as Illuminate Ventures and Ignition Partners, provide capital to help you build out your sales team and accelerate growth.

Late Stage VC Firms in Cloud Computing

Late-stage rounds are for established companies with strong revenue streams and proven business models that need capital for significant expansion or to prepare for an exit. For SaaS VC firms at this stage, the focus is on market leaders, with investors like Light Street Capital and East Los Capital backing companies through their final private rounds.

It's also worth noting that some tech VC firms are multistage, meaning they invest across the entire startup lifecycle. No matter your stage, Rho Capital can help you access non-dilutive funding options like venture debt and credit lines, connecting you with financing tailored to your business model.

To help you find the right partner, we've compiled an overview of leading VC firms in the cloud computing sector. For each firm, you'll find information on their investment stages, where they invest, and what makes them a notable choice for founders.

1. Illuminate Ventures

Illuminate Ventures is a venture capital firm that backs B2B enterprise software startups, particularly those in the later seed stage. They focus on companies whose solutions can deliver a quick and measurable return on investment for their customers.

The firm has a strong track record in the enterprise software space, with notable exits like the e-commerce giant Coupang and the sales-performance SaaS provider Xactly. This history suggests a team that understands how to guide B2B companies toward large-scale success.

This firm is likely a good match for founders who have an enterprise software product with early signs of traction. If you can clearly articulate your solution's ROI and are looking for a partner with deep B2B expertise, Illuminate could be a strong fit.

Once you secure funding from a partner like Illuminate, Rho can help you manage your new capital with integrated business banking, corporate cards, and automated bill pay.

• Investment stages: Seed, Early Stage Venture, Late Stage Venture
• Industries of focus: B2B/Enterprise Software, SaaS, AI, and Cloud Computing
• Geographical presence: Oakland, California
• Founded: 2010
• Notable exits: Coupang (IPO), Xactly (IPO and acquisition), Opsmatic (acquisition)
• Portfolio size: 65 investments

You can refer to their website here.

2. Benhamou Global Ventures

Benhamou Global Ventures (BGV) is a venture capital firm that backs B2B technology companies, aiming to build them into next-generation global enterprises. They invest from seed to later stages, with a clear focus on enterprise solutions across cloud computing, cybersecurity, and finance.

The firm’s distinct cross-border strategy helps portfolio companies expand internationally, a key differentiator for startups with global ambitions. Their track record includes successful exits like the digital engineering company Grid Dynamics and the video-conferencing provider Lifesize.

BGV is likely a good fit for founders developing enterprise technology who are planning for international growth from an early stage. Their hands-on approach is designed for companies looking for more than just capital.

Once you secure funding, Rho can help you manage your new capital with integrated business banking, corporate cards, and automated bill pay.

• Investment stages: Seed, Early Stage Venture, Late Stage Venture
• Industries of focus: Cloud Computing, Cyber Security, Blockchain, Finance
• Geographical presence: Menlo Park, California
• Founded: 2004
• Notable exits: Grid Dynamics (IPO), 3Com (acquisition), Finjan Holdings (acquisition)
• Portfolio size: 116 investments

You can refer to their website here.

3. Salesforce

Salesforce is widely known as a cloud software giant, but its venture arm, Salesforce Ventures, is a strategic investor in the B2B software space. They back companies that align with their core platform, focusing on enterprise applications and cloud technologies.

A key focus for the firm is artificial intelligence, with a dedicated AI fund backing high-profile companies like Anthropic, Cohere, and Mistral AI. This signals a clear priority on backing the next generation of enterprise AI and SaaS innovators.

Salesforce Ventures is a strong choice for founders building enterprise software, especially in the AI space, who could benefit from a strategic partnership. If your company could integrate with or expand the Salesforce ecosystem, they offer capital alongside deep industry connections.

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

• 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 venture capital firm based in California that invests in companies with ambitious, world-changing potential. They focus on providing capital to founders who are building businesses with a grand vision for their market.

The firm invests at the seed and early stages across a variety of industries, including cloud computing, social platforms, and content. Their portfolio includes companies like the music-analytics platform Chartmetric and the generative-AI company Upstage AI, showing a focus on data-driven and technologically advanced businesses.

This firm is a good match for founders at the earliest stages who are pursuing a big idea and need a partner for their first institutional round. If you are building a company with transformative potential in one of their focus industries, they could be a strong fit.

Once you secure funding from a partner like Primer Sazze Partners, Rho can help you manage your new capital with integrated business banking, corporate cards, and automated bill pay.

• 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, Upstage AI
• Portfolio size: 124 investments

You can refer to their website here.

5. Light Street Capital

Light Street Capital is a global investment firm that backs both private and public technology companies. They have a strong focus on the tech and media sectors, investing from early venture stages through to the public markets.

The firm's portfolio features major technology names like Uber, Slack, and Unity, indicating a strategy of backing companies that are already leaders or have the clear potential to become so. Their activity in both private and public markets suggests a long-term perspective on their investments.

Light Street Capital is likely a good fit for founders of high-growth technology companies with proven traction and a clear path to market leadership. Given their late-stage and public market activity, they are a compelling partner for companies preparing for significant scale or a public offering.

Once you secure funding from a partner like Light Street Capital, Rho can help you manage your new capital with integrated business banking, corporate cards, and automated bill pay.

• Investment stages: Early Stage Venture, Late Stage Venture, Post-IPO, Secondary Market
• Industries of focus: Technology, Media, Cloud Computing, E-Commerce, Finance
• 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 that invests in highly scalable software businesses. They focus on providing initial funding to companies with the potential for significant growth across several technology sectors.

The firm has a strong record of successful exits, including the mobile ad network Vungle, which signals their ability to guide companies toward acquisition. Their portfolio also includes high-growth companies like the real-estate investment platform CrowdStreet, showing a focus on businesses with strong market potential.

This firm is a good match for founders at the seed or early stages who are building a scalable software company. If your business is in enterprise software, health-tech, or a cloud computing field and you're looking for a partner with a history of successful exits, Seven Peaks Ventures could be a strong fit.

Once you secure funding from a partner like Seven Peaks Ventures, Rho can help you manage your new capital with integrated business banking, corporate cards, and automated bill pay.

• Investment stages: Seed, Early Stage Venture, Late Stage Venture
• Industries of focus: Enterprise Software, Cloud Computing, Health Care, Information Technology
• Geographical presence: San Francisco, California
• Founded: 2013
• Notable exits: Vungle, Bright.md, Enlitic
• Portfolio size: 65 investments

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 from seed to later stages, with a focus on software, cloud computing, and fintech.

The firm has a strong history of guiding companies to the public markets, with notable IPO exits like ChargePoint and Amplitude. Their portfolio also includes high-growth companies like the generative-AI firm DataStax, signaling a focus on scaling software businesses for major outcomes.

Voyager is likely a good match for founders of B2B software companies who have a clear path to significant growth. If your business is in one of their core sectors and you have ambitions for an IPO, they are a compelling partner.

Once you secure funding from a partner like Voyager Capital, Rho can help you manage your new capital with integrated business banking, corporate cards, and automated bill pay.

• Investment stages: Seed, Early Stage Venture, Late Stage Venture
• Industries of focus: Big Data, Cloud Computing, FinTech, Software
• Geographical presence: Seattle, Washington
• Founded: 1997
• Notable investments: ChargePoint (IPO), Amplitude (IPO), 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 that helps entrepreneurs build foundational enterprise software companies. They focus on providing capital and guidance to founders tackling significant market opportunities.

The firm is known for its impressive portfolio of enterprise technology leaders, including data-analytics company Splunk and e-signature pioneer DocuSign. This history demonstrates a clear ability to identify and support companies that achieve major outcomes, from high-profile acquisitions to successful public offerings.

This firm is a compelling choice for founders with deep technical expertise and a vision to build a category-defining enterprise company. If you are building for B2B customers and aiming for a large-scale exit, their track record is a strong signal.

Once you secure funding from a partner like Ignition Partners, Rho can help you manage your new capital with integrated business banking, corporate cards, and automated bill pay.

• Investment stages: Early Stage Venture
• Industries of focus: Enterprise Software, IT Infrastructure, Cloud Computing, Cyber Security
• 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 seed-stage venture firm that backs enterprise software companies aiming to modernize established industries. They focus on providing the first round of institutional capital to founders who are driving the digital transformation of their sector.

The firm's portfolio highlights a focus on developer tools and enterprise platforms, with notable investments including Firebase, which was acquired by Google, and AppLovin, which had a successful IPO. This track record shows a clear ability to support companies from their earliest days through to significant market outcomes.

This firm is a strong choice for founders building enterprise or developer-focused software who are raising their seed round. If you have a clear vision for your product and market, their focused, seed-first approach could be a great fit.

Once you secure funding from a partner like Spider Capital, Rho can help you manage your new capital with integrated business banking, corporate cards, and automated bill pay.

• Investment stages: Seed, Early Stage Venture, Late Stage Venture
• Industries of focus: Enterprise Software, Cloud Computing, FinTech, Software
• Geographical presence: San Francisco, California
• Founded: 2015
• Notable exits: AppLovin (IPO), Firebase (acquired by Google), atSpoke (acquired by Okta)
• Portfolio size: 75 investments

You can refer to their website here.

10. GSD Venture Studios

GSD Venture Studios operates as a venture studio focused on helping resilient entrepreneurs take their companies global. They provide both capital and hands-on support to guide startups through international expansion.

A key part of their model is the "#GoGlobal" strategy, which actively helps companies enter new markets. Their portfolio includes companies like the employee rewards platform Xoxoday and the crypto payroll service Bitwage, showing a focus on B2B and fintech solutions with worldwide potential.

GSD is a good match for founders who are building a business with international scale in mind from the beginning. If you are looking for an operational partner to help navigate cross-border growth, their venture studio approach is a strong fit.

Once you secure funding from a partner like GSD Venture Studios, Rho can help you manage your new capital with integrated business banking, corporate cards, and automated bill pay.

• Investment stages: Early Stage Venture, Late Stage Venture, Private Equity, Initial Coin Offering
• Industries of focus: Cloud Computing, Cyber Security, FinTech, Mobile Apps
• Geographical presence: Menlo Park, California
• Founded: 2019
• Notable exits: Xoxoday, Rehaboo, AcceleratXR
• Portfolio size: 56 investments

You can refer to their website here.

11. East Los Capital

East Los Capital is a private equity and venture firm that invests in tech-enabled companies in the lower middle market. Based in Los Angeles, they focus on a range of sectors, including software, internet, healthcare, and media.

The firm operates with a hybrid private equity and venture model, backing companies with proven potential for high growth. Their portfolio includes notable exits like the cloud-services partner Caylent and unicorns such as FLYR Labs and TRM Labs, showing a focus on scaling businesses toward significant market outcomes.

East Los Capital is a good match for founders of established companies with strong business models who are seeking growth capital. Their expertise is particularly relevant for businesses in their target industries looking for a partner to help them scale or prepare for a strategic exit.

Once you secure funding from a partner like East Los Capital, Rho can help you manage your new capital with integrated business banking, corporate cards, and automated bill pay.

• Investment stages: Private Equity, Venture
• Industries of focus: Software, Cloud Computing, Internet, Health Care, Consumer, Media
• Geographical presence: Los Angeles, California
• Founded: 2018
• Notable investments: Caylent, Basepaws, Finix, FLYR Labs, TRM Labs
• Portfolio size: 22 investments

You can refer to their website here.

12. Better Food Ventures

Better Food Ventures invests in technology companies that are making a positive impact on the food and agriculture sectors. They back innovators from the earliest stages, focusing on solutions that can improve the food system now.

The firm's focus is on technology-driven businesses, with a portfolio that includes AI-powered software and smart hardware for agriculture and retail. Their track record of successful exits, such as the healthy-snack service Love With Food and smart-lighting company LumiGrow, shows an ability to support companies to acquisition.

This firm is a strong match for founders at the seed or early stages who are building technology for the food and ag industries. If your company uses software or data to address challenges like food waste or supply chain inefficiency, their specialized focus could be a great fit.

Once you secure funding from a specialized partner like Better Food Ventures, Rho can help you manage your new capital with integrated business banking, corporate cards, and automated bill pay.

• Investment stages: Seed, 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 exits: Love With Food, Nima Sensor, LumiGrow, Gastrograph
• Portfolio size: 20 investments

You can refer to their website here.

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

This overview of venture firms shows that the cloud computing sector is well-supported by a variety of investors. You'll find capital available across all stages, from seed-focused firms to late-stage specialists. This balance means that whether you're just starting or preparing to scale, there are potential partners for your company.

One clear pattern is geographic. The majority of these firms are concentrated on the West Coast, particularly in California. This is a practical point to consider as you build your investor target list and plan your outreach.

As you prepare your funding strategy, remember that non-dilutive options are also available. Rho Capital connects startups to venture debt and credit lines through a fast, guided matching process, helping you access financing tailored to your business model. Once that capital is in hand, our integrated platform helps you manage it effectively with business banking, corporate cards, and automated bill pay.

Raise Confidently with Rho

Building a focused list of relevant investors is critical when your time and energy are limited during a fundraise. A targeted approach helps you connect with partners who truly understand your business and its potential.

If you’re seeking funding, Rho Capital connects you to non-dilutive funding options like venture debt and credit lines through a fast, guided process. We help you access financing tailored to your stage and business model without chasing lenders.

Once your capital is secured, our integrated platform provides the tools you need to manage it effectively. Use our business banking, corporate cards, and automated bill pay to deploy your funds with confidence.

FAQs about Venture Capital Firms Focused on Cloud Computing

Which are the top New York venture capital firms for cloud startups?

New York has a strong ecosystem of tech VC firms. Many, like Insight Partners and FirstMark, actively invest in cloud computing and SaaS startups, offering capital and access to a dense network of enterprise customers and talent.

What are some leading European venture capital firms for SaaS?

Several top European venture capital firms focus on SaaS, including Accel, Index Ventures, and Northzone. These firms have deep experience scaling software companies globally and offer valuable connections across the European market and beyond.

How do I find the right early-stage VC firm for my startup?

Look beyond capital. Evaluate a firm's track record and network. While you search, Rho Capital can connect you to non-dilutive funding options, giving you more flexibility as you find the perfect equity partner for your Series A.

Should I seek a specialist or generalist software venture capital firm?

It depends on your needs. A specialist AI or cybersecurity venture capital firm offers deep domain knowledge, while a generalist software investor may have a broader network. Consider which type of support will be most valuable for your growth.

What do multistage VC firms look for in a cloud computing startup?

Multistage firms look for strong founding teams, a large market opportunity, and clear product-market fit. They want to see a business that can grow significantly, allowing them to invest across multiple rounds from early stages to pre-IPO.

How can Rho help me manage my funding?

Once you secure funding, our integrated platform helps you manage it. Use our business banking, corporate cards, and automated bill pay to deploy capital with confidence. See how Rho can help you control your finances.