Acero Capital

Acero Capital, established in 2009, is a Menlo Park, California-based venture capital firm. It specializes in late venture, mid venture, and growth equity investments, with a stage-agnostic approach. The firm focuses on cleantech, clean energy, and information technology sectors, typically investing between $7 million and $15 million per company. Acero Capital seeks innovative businesses in large, established markets, led by forward-thinking management teams, and prioritizes capital-efficient models.

Rami Elkhatib

Founder and General Partner

Elisa del Gaudio

Operating Partner

17 past transactions

Contrast Security

Series E in 2021
Contrast Security, founded in 2014 and headquartered in Los Altos, California, specializes in developing security software that empowers applications to safeguard themselves against cyberattacks. Its patented deep security instrumentation embeds code analysis and attack prevention directly into software, providing comprehensive security observability and eliminating the need for disruptive scanning or specialized security experts. Contrast Security offers two primary solutions: Contrast Assess, which infuses software with vulnerability assessment capabilities; and Contrast Protect, a runtime application self-protection solution that understands how attacks behave in real-time. The company's platform accelerates development cycles, improves efficiencies, and enables businesses to protect applications from known and unknown threats continuously throughout the software lifecycle.

Contrast Security

Series D in 2019
Contrast Security, founded in 2014 and headquartered in Los Altos, California, specializes in developing security software that empowers applications to safeguard themselves against cyberattacks. Its patented deep security instrumentation embeds code analysis and attack prevention directly into software, providing comprehensive security observability and eliminating the need for disruptive scanning or specialized security experts. Contrast Security offers two primary solutions: Contrast Assess, which infuses software with vulnerability assessment capabilities; and Contrast Protect, a runtime application self-protection solution that understands how attacks behave in real-time. The company's platform accelerates development cycles, improves efficiencies, and enables businesses to protect applications from known and unknown threats continuously throughout the software lifecycle.

Contrast Security

Series C in 2017
Contrast Security, founded in 2014 and headquartered in Los Altos, California, specializes in developing security software that empowers applications to safeguard themselves against cyberattacks. Its patented deep security instrumentation embeds code analysis and attack prevention directly into software, providing comprehensive security observability and eliminating the need for disruptive scanning or specialized security experts. Contrast Security offers two primary solutions: Contrast Assess, which infuses software with vulnerability assessment capabilities; and Contrast Protect, a runtime application self-protection solution that understands how attacks behave in real-time. The company's platform accelerates development cycles, improves efficiencies, and enables businesses to protect applications from known and unknown threats continuously throughout the software lifecycle.

HyperGrid™

Seed Round in 2017
HyperCloud enables businesses to embrace public clouds and drive their digital transformation via the broadest set of functionalities to discover and plan cloud migrations, optimize costs, secure resource and scale operations in the public cloud. HyperCloud has a unique app-centric, modular approach that enables businesses to scale their cloud management capabilities within a common framework that provides centralized control and management of all private and public clouds and eliminates the need for ongoing training. HyperCloud analytics is powered by its massive database of more than 400 million data points across the major public clouds enabling instantaneous recommendations for optimizing new and existing applications using multi-dimensional analysis of factors such as cost, performance, and compliance. HyperCloud also analyzes past cloud usage to understand customer needs and speed service delivery by eliminating manual processes. As a result, enterprise IT and MSPs can deliver customized services across any private or public cloud, improving business performance while minimizing cloud management complexities.

Contrast Security

Series B in 2016
Contrast Security, founded in 2014 and headquartered in Los Altos, California, specializes in developing security software that empowers applications to safeguard themselves against cyberattacks. Its patented deep security instrumentation embeds code analysis and attack prevention directly into software, providing comprehensive security observability and eliminating the need for disruptive scanning or specialized security experts. Contrast Security offers two primary solutions: Contrast Assess, which infuses software with vulnerability assessment capabilities; and Contrast Protect, a runtime application self-protection solution that understands how attacks behave in real-time. The company's platform accelerates development cycles, improves efficiencies, and enables businesses to protect applications from known and unknown threats continuously throughout the software lifecycle.

Siva Power

Series D in 2016
Siva Power, Inc. is a manufacturer of solar modules and panels based in Santa Clara, California. Founded in 2006, the company specializes in third-generation thin-film photovoltaic technologies that aim to enhance solar cell efficiency while significantly reducing manufacturing costs. Siva Power's innovative approach employs co-evaporated copper indium gallium selenide (CIGS) and a monolithic integration glass architecture, which utilizes automated laser scribes to streamline the manufacturing process. This technology is designed to halve the number of manufacturing steps compared to traditional methods, enabling the production of solar modules that can generate electricity competitively without relying on government subsidies. The company's advancements facilitate the establishment of solar power plants, contributing to more cost-effective energy production.

Gridstore

Series B in 2016
Gridstore™ is the leader in HyperConverged All-Flash Infrastructure for the Microsoft Cloud-Inspired Data Center. Our customers gain a 10X performance improvement over traditional storage as we put all-flash as close to the workload as possible. They realize 4X lower TCO by consolidation of three layers of infrastructure into one scalable layer built on X86 hardware and 10X less management effort due to less management points and less infrastructure to manage. Gridstore's HyperConverged Appliances include both compute and storage in a single system, and provide external storage and work with any Windows servers and the HyperConverged Appliance, all driven by Gridstore's patented software. Gridstore software architecture delivers native Windows integration, per-VM I/O control, and elastic and independent scaling of resources. Gridstore is headquartered in Mountain View, CA. and its products and services are available through a global network of value-added resellers.

Swrve

Series C in 2015
Swrve Inc., established in 2009, specializes in mobile marketing automation, engagement, and customer relationship management. Headquartered in San Francisco with offices in Dublin, London, Irvine, and Sydney, the company provides an integrated platform supporting various aspects of mobile engagement, retention, and monetization. Swrve's solutions include push and SMS messaging, in-app messaging, email and web push notifications, OTT messaging, AI-driven cross-channel experiences, customer data segmentation, and A/B testing. Serving diverse industries such as airlines, hospitality, media, finance, gaming, telecom, e-marketplaces, and retail, Swrve helps enterprises enhance customer engagement and monetization by delivering personalized mobile experiences.

Siva Power

Series D in 2015
Siva Power, Inc. is a manufacturer of solar modules and panels based in Santa Clara, California. Founded in 2006, the company specializes in third-generation thin-film photovoltaic technologies that aim to enhance solar cell efficiency while significantly reducing manufacturing costs. Siva Power's innovative approach employs co-evaporated copper indium gallium selenide (CIGS) and a monolithic integration glass architecture, which utilizes automated laser scribes to streamline the manufacturing process. This technology is designed to halve the number of manufacturing steps compared to traditional methods, enabling the production of solar modules that can generate electricity competitively without relying on government subsidies. The company's advancements facilitate the establishment of solar power plants, contributing to more cost-effective energy production.

Swrve

Series B in 2014
Swrve Inc., established in 2009, specializes in mobile marketing automation, engagement, and customer relationship management. Headquartered in San Francisco with offices in Dublin, London, Irvine, and Sydney, the company provides an integrated platform supporting various aspects of mobile engagement, retention, and monetization. Swrve's solutions include push and SMS messaging, in-app messaging, email and web push notifications, OTT messaging, AI-driven cross-channel experiences, customer data segmentation, and A/B testing. Serving diverse industries such as airlines, hospitality, media, finance, gaming, telecom, e-marketplaces, and retail, Swrve helps enterprises enhance customer engagement and monetization by delivering personalized mobile experiences.

Contrast Security

Series A in 2014
Contrast Security, founded in 2014 and headquartered in Los Altos, California, specializes in developing security software that empowers applications to safeguard themselves against cyberattacks. Its patented deep security instrumentation embeds code analysis and attack prevention directly into software, providing comprehensive security observability and eliminating the need for disruptive scanning or specialized security experts. Contrast Security offers two primary solutions: Contrast Assess, which infuses software with vulnerability assessment capabilities; and Contrast Protect, a runtime application self-protection solution that understands how attacks behave in real-time. The company's platform accelerates development cycles, improves efficiencies, and enables businesses to protect applications from known and unknown threats continuously throughout the software lifecycle.

Siva Power

Venture Round in 2014
Siva Power, Inc. is a manufacturer of solar modules and panels based in Santa Clara, California. Founded in 2006, the company specializes in third-generation thin-film photovoltaic technologies that aim to enhance solar cell efficiency while significantly reducing manufacturing costs. Siva Power's innovative approach employs co-evaporated copper indium gallium selenide (CIGS) and a monolithic integration glass architecture, which utilizes automated laser scribes to streamline the manufacturing process. This technology is designed to halve the number of manufacturing steps compared to traditional methods, enabling the production of solar modules that can generate electricity competitively without relying on government subsidies. The company's advancements facilitate the establishment of solar power plants, contributing to more cost-effective energy production.

Gridstore

Series B in 2013
Gridstore™ is the leader in HyperConverged All-Flash Infrastructure for the Microsoft Cloud-Inspired Data Center. Our customers gain a 10X performance improvement over traditional storage as we put all-flash as close to the workload as possible. They realize 4X lower TCO by consolidation of three layers of infrastructure into one scalable layer built on X86 hardware and 10X less management effort due to less management points and less infrastructure to manage. Gridstore's HyperConverged Appliances include both compute and storage in a single system, and provide external storage and work with any Windows servers and the HyperConverged Appliance, all driven by Gridstore's patented software. Gridstore software architecture delivers native Windows integration, per-VM I/O control, and elastic and independent scaling of resources. Gridstore is headquartered in Mountain View, CA. and its products and services are available through a global network of value-added resellers.

Argyle Data

Series C in 2013
Argyle Data, Inc. specializes in real-time big data analytics, focusing on the processing and analysis of time-critical information for mobile service providers and IoT networks. The company offers Xmp, a platform that supports simultaneous transaction processing, intelligent decision-making, and machine learning on large data volumes. Argyle Data's solutions enable organizations to extract valuable insights from real-time data, enhancing decision-making and overall business outcomes. Additionally, its Xmx module monitors network traffic, simplifying data extraction from enterprise systems and providing deep packet inspection capabilities to identify protocols and extract relevant data. Used by leading mobile operators, Argyle Data’s applications address significant challenges such as fraud detection and revenue threats, ultimately helping the telecommunications industry mitigate losses amounting to billions annually. Founded in 2007 and based in San Mateo, California, Argyle Data operates as a subsidiary of Mavenir Systems.

LiveHive

Venture Round in 2012
LiveHive, Inc. is a cloud-based platform headquartered in San Jose, California, that focuses on enhancing sales acceleration for businesses. Founded in 2011, the company offers a visual and interactive workspace designed for professionals across various sectors, including education, design, consulting, marketing, and business development. LiveHive combines buyer engagement analytics with advanced sales force automation to optimize sales operations and facilitate quicker revenue generation. The platform integrates seamlessly with leading sales tools, enhancing organizational efficiency and allowing sales representatives to focus more on selling. Management benefits from real-time insights to monitor progress towards revenue objectives.

Siva Power

Venture Round in 2012
Siva Power, Inc. is a manufacturer of solar modules and panels based in Santa Clara, California. Founded in 2006, the company specializes in third-generation thin-film photovoltaic technologies that aim to enhance solar cell efficiency while significantly reducing manufacturing costs. Siva Power's innovative approach employs co-evaporated copper indium gallium selenide (CIGS) and a monolithic integration glass architecture, which utilizes automated laser scribes to streamline the manufacturing process. This technology is designed to halve the number of manufacturing steps compared to traditional methods, enabling the production of solar modules that can generate electricity competitively without relying on government subsidies. The company's advancements facilitate the establishment of solar power plants, contributing to more cost-effective energy production.

Bitzer Mobile

Series A in 2011
Bitzer Mobile, Inc. specializes in developing infrastructure software tailored for enterprise mobility management. Founded in 2010 and based in Sunnyvale, California, the company offers solutions that enable organizations to securely extend access to corporate applications and data on mobile devices. Its technology supports the trend of consumerization by allowing employees to utilize their personal devices within the enterprise framework. Key products include the Enterprise Virtualized Mobility platform, which facilitates the prototyping, deployment, and support of multi-platform native applications, and the Mobile Virtualization Layer, which enhances mobile data transportation, offline synchronization, and user authentication. Additionally, Bitzer provides an Admin Control Panel for effective management of mobile users and devices.
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