Costanoa Ventures

Costanoa Venture Capital is an early-stage venture capital firm founded in 2012 and headquartered in Palo Alto, California, with an additional office in San Francisco. The firm specializes in investing in seed and Series A startups, focusing on business-to-business technology companies. Its investment strategy emphasizes cloud-based services, data analytics, and applications across various sectors, including fintech, cybersecurity, and AI-enabled software as a service (SaaS). Costanoa typically invests between $0.5 million and $3 million, aiming to partner with entrepreneurs to help them navigate the challenges of going to market and achieving product-market fit. The firm is dedicated to building durable companies that leverage data to address complex business problems.

Mike Albang

CFO

Amy Cheetham

Partner

John Cowgill

Partner

Madison Hawkinson

Investor

Pallavi Hukerikar

Associate

Nancy Katz

Senior Director

Martina Lauchengco

Operating Partner

Tony Liu

Principal

Michael Parker

Associate

McKenzie Parks

Associate

Gregory Sands

Founder and Managing Director

Greg Sands

Founder and Managing Director

Nicole Seah

Associate

Mark Selcow

General Partner

Jim Wilson

Partner

Past deals in Open Source

StackHawk

Series B in 2022
StackHawk, Inc. is a software company established in 2019, headquartered in Denver, Colorado, that focuses on application security within the development and operations (DevOps) pipeline. The company provides a Software-as-a-Service platform designed to help developers identify and remediate security vulnerabilities in their applications both during development and after deployment. StackHawk's application allows users to scan for a variety of security issues, including SQL injection, cross site scripting, and open redirects, among others. By automating the scanning process and integrating it into the build pipeline, StackHawk aims to enhance the security of web properties and APIs, thereby assisting developers in preventing bugs from affecting production environments.

StackHawk

Series A in 2020
StackHawk, Inc. is a software company established in 2019, headquartered in Denver, Colorado, that focuses on application security within the development and operations (DevOps) pipeline. The company provides a Software-as-a-Service platform designed to help developers identify and remediate security vulnerabilities in their applications both during development and after deployment. StackHawk's application allows users to scan for a variety of security issues, including SQL injection, cross site scripting, and open redirects, among others. By automating the scanning process and integrating it into the build pipeline, StackHawk aims to enhance the security of web properties and APIs, thereby assisting developers in preventing bugs from affecting production environments.

FOSSA

Series B in 2020
FOSSA, Inc. operates an open-source management platform that assists enterprises in managing and optimizing their use of open-source software. Established in 2014 and based in San Francisco, California, the company offers solutions for component intelligence, continuous compliance, and cross-team collaboration. Its flagship product enables teams to track open-source components in their code, automate license scanning, and ensure compliance. Additionally, FOSSA provides vulnerability management services, integrating license audits with vulnerability scans and offering real-time alerts and automated remediation for third-party vulnerabilities. This comprehensive approach allows businesses to efficiently comply with open-source licenses while maintaining their development workflows.

Jitsu

Seed Round in 2020
Jitsu is a developer of open-source data integration and event collection software, headquartered in Berkeley, California. The company, which was incorporated in 2019 and previously known as kSense, Inc., provides a platform that captures data from various sources, including web and mobile applications, physical devices, and other software as a service platforms. Jitsu's features include event capture, JavaScript tracker execution, and seamless integration with existing tools, allowing users to avoid vendor lock-in. The platform enables organizations across industries such as tourism, retail, and healthcare to gain real-time insights by correlating data and acting on customer intentions through its event application programming interface.

StackHawk

Seed Round in 2020
StackHawk, Inc. is a software company established in 2019, headquartered in Denver, Colorado, that focuses on application security within the development and operations (DevOps) pipeline. The company provides a Software-as-a-Service platform designed to help developers identify and remediate security vulnerabilities in their applications both during development and after deployment. StackHawk's application allows users to scan for a variety of security issues, including SQL injection, cross site scripting, and open redirects, among others. By automating the scanning process and integrating it into the build pipeline, StackHawk aims to enhance the security of web properties and APIs, thereby assisting developers in preventing bugs from affecting production environments.

FOSSA

Series A in 2019
FOSSA, Inc. operates an open-source management platform that assists enterprises in managing and optimizing their use of open-source software. Established in 2014 and based in San Francisco, California, the company offers solutions for component intelligence, continuous compliance, and cross-team collaboration. Its flagship product enables teams to track open-source components in their code, automate license scanning, and ensure compliance. Additionally, FOSSA provides vulnerability management services, integrating license audits with vulnerability scans and offering real-time alerts and automated remediation for third-party vulnerabilities. This comprehensive approach allows businesses to efficiently comply with open-source licenses while maintaining their development workflows.

StackHawk

Seed Round in 2019
StackHawk, Inc. is a software company established in 2019, headquartered in Denver, Colorado, that focuses on application security within the development and operations (DevOps) pipeline. The company provides a Software-as-a-Service platform designed to help developers identify and remediate security vulnerabilities in their applications both during development and after deployment. StackHawk's application allows users to scan for a variety of security issues, including SQL injection, cross site scripting, and open redirects, among others. By automating the scanning process and integrating it into the build pipeline, StackHawk aims to enhance the security of web properties and APIs, thereby assisting developers in preventing bugs from affecting production environments.

Auterion

Seed Round in 2018
Auterion AG specializes in developing software solutions for the drone industry, offering an enterprise operating system that enhances the functionality of unmanned aircraft systems. Headquartered in Zurich, Switzerland, the company provides a web-based platform that delivers insights on flight operations, fleet management, and individual drone performance. Auterion aims to create an ecosystem of software-defined drones, payloads, and third-party applications, emphasizing open-source standards to foster collaboration within the industry. Their government-focused subsidiary, Auterion Government Solutions, partners with the Defense Innovation Unit to implement standardized open-source software for drone operations. The company's platform enables efficient inspections of hard-to-reach assets such as wind turbines and pipelines, facilitating the seamless integration of drone operations and data into existing workflows. Auterion has established partnerships with prominent organizations, including General Electric Aviation and the U.S. Department of Defense, and has received significant venture-backed funding to support its growth.

Bugcrowd

Series C in 2018
Bugcrowd Inc. operates a crowdsourced cybersecurity platform that connects organizations with a global community of security researchers to identify vulnerabilities in their applications. Founded in 2011 and headquartered in San Francisco, the company provides a range of security testing solutions for web, mobile, source code, and client-side applications. Bugcrowd facilitates both private and public bounty programs, allowing companies of various sizes to efficiently assess their software security and reward researchers for valid findings. The platform supports customized security testing programs tailored to meet the specific needs of clients across multiple sectors, including financial services, healthcare, retail, automotive, technology, and government. Bugcrowd has established strategic partnerships to enhance its offerings and continues to play a significant role in the cybersecurity landscape.

VictorOps

Series B in 2016
VictorOps Inc. offers a real-time incident management platform designed to enhance collaboration and streamline the incident lifecycle for IT and DevOps teams. Founded in 2012 and based in Boulder, Colorado, the platform facilitates team situational awareness, incident creation, escalation, notification, and remediation, allowing team members to work together efficiently regardless of their location or time zone. By centralizing the flow of information throughout the incident lifecycle, VictorOps aims to minimize downtime and accelerate innovation, ultimately empowering organizations to manage incidents effectively. The company operates as a subsidiary of Splunk Inc. and is backed by venture capital firms such as Foundry Group and Costanoa Venture Capital.

Bugcrowd

Series B in 2016
Bugcrowd Inc. operates a crowdsourced cybersecurity platform that connects organizations with a global community of security researchers to identify vulnerabilities in their applications. Founded in 2011 and headquartered in San Francisco, the company provides a range of security testing solutions for web, mobile, source code, and client-side applications. Bugcrowd facilitates both private and public bounty programs, allowing companies of various sizes to efficiently assess their software security and reward researchers for valid findings. The platform supports customized security testing programs tailored to meet the specific needs of clients across multiple sectors, including financial services, healthcare, retail, automotive, technology, and government. Bugcrowd has established strategic partnerships to enhance its offerings and continues to play a significant role in the cybersecurity landscape.

VictorOps

Venture Round in 2015
VictorOps Inc. offers a real-time incident management platform designed to enhance collaboration and streamline the incident lifecycle for IT and DevOps teams. Founded in 2012 and based in Boulder, Colorado, the platform facilitates team situational awareness, incident creation, escalation, notification, and remediation, allowing team members to work together efficiently regardless of their location or time zone. By centralizing the flow of information throughout the incident lifecycle, VictorOps aims to minimize downtime and accelerate innovation, ultimately empowering organizations to manage incidents effectively. The company operates as a subsidiary of Splunk Inc. and is backed by venture capital firms such as Foundry Group and Costanoa Venture Capital.

Bugcrowd

Series A in 2015
Bugcrowd Inc. operates a crowdsourced cybersecurity platform that connects organizations with a global community of security researchers to identify vulnerabilities in their applications. Founded in 2011 and headquartered in San Francisco, the company provides a range of security testing solutions for web, mobile, source code, and client-side applications. Bugcrowd facilitates both private and public bounty programs, allowing companies of various sizes to efficiently assess their software security and reward researchers for valid findings. The platform supports customized security testing programs tailored to meet the specific needs of clients across multiple sectors, including financial services, healthcare, retail, automotive, technology, and government. Bugcrowd has established strategic partnerships to enhance its offerings and continues to play a significant role in the cybersecurity landscape.

VictorOps

Series A in 2013
VictorOps Inc. offers a real-time incident management platform designed to enhance collaboration and streamline the incident lifecycle for IT and DevOps teams. Founded in 2012 and based in Boulder, Colorado, the platform facilitates team situational awareness, incident creation, escalation, notification, and remediation, allowing team members to work together efficiently regardless of their location or time zone. By centralizing the flow of information throughout the incident lifecycle, VictorOps aims to minimize downtime and accelerate innovation, ultimately empowering organizations to manage incidents effectively. The company operates as a subsidiary of Splunk Inc. and is backed by venture capital firms such as Foundry Group and Costanoa Venture Capital.

3scale

Venture Round in 2013
3Scale Networks, S.L. operates an application programming interface (API) management platform. The company provides solutions to open, package, distribute, control, and monetize APIs that enables to Share company data, content, or services through Web or mobile applications; transform an API into a business, or promote internal innovation between departments; and avoid the hassle and constant maintenance of building a solution from scratch. Its platform features API traffic control, APIcast cloud hosted gateway, access control and security, developer portal, ActiveDocs, analytics, and monetization. The company was founded in 2007 and is based in Barcelona, Spain. As of June 24, 2016, 3Scale Networks, S.L. operates as a subsidiary of Red Hat, Inc.
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