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Toba Capital is a venture capital firm based in Newport Beach, California. It was founded in late 2012 by Vinny Smith, former CEO of Quest Software. The company invests in software and technology services companies. The company has offices located at 33 New Montgomery Suite 1500, San Francisco CA and 520 Newport Center Drive, 12th Floor, Newport Beach, CA.
Toba Capital was founded in late 2012 by software executive and venture capitalist Vinny Smith, using an estimated USD$250 million of the $850 million in funds he reportedly received from the sale of his share of Quest Software to Dell. The company name comes from the Toba Eruption, a volcanic supereruption theorized to have caused a global winter that supposedly caused a genetic bottleneck in humans. The company chose a stylized volcano for its logo. In its first year, the company reportedly invested about $150 million in start up software companies.
Companies Toba Capital has invested in include Alteryx, Bright.com, Cloudant, Mavenlink and SecureAuth. As of December 2016, the company reported investments in 36 companies, and had sold their investments in seven.