Toba Capital is an early-stage venture capital and growth investment firm founded in 2012 by Vinny Smith, the former CEO of Quest Software, and headquartered in Newport Beach, California, with an additional office in San Francisco. The firm specializes in business software, enterprise applications, IT infrastructure, SaaS, and internet infrastructure markets, and was founded on the thesis that a venture firm comprised entirely of senior software executives would be uniquely positioned to identify and enable the success of promising technology companies. The firm has made over 207 investments and achieved over 81 exits, with a portfolio that includes Sauce Labs, SecureAuth, and Stella Connect, and typically invests in deals ranging from $10 million to $50 million across seed to late-stage growth equity stages.