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Vinny Smith's Toba Capital Backs WSO2

Irvine-based Toba Capital, the venture investment firm founded by Quest Software founder Vinny Smith, has made an investment in open source application development software developer WSO2. WSO2, which is based in Palo Alto, said it raised $20M from Pacific Controls and Toba Capital this morning. Toba Capital has investment in such companies as Sauce Labs, Alteryx, TeamSnap, and others. Toba had also made an investment in WSO2 back in 2012. More information »