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SAN MATEO, CA--(Marketwired - Feb 11, 2015) - Emergence Capital Partners (http://www.emcap.com), the leading venture capital firm focused on enterprise cloud companies, announced that it has closed its fourth fund, Emergence Capital Partners IV. The fund was immediately oversubscribed and ultimately capped at $335 million, a step-up from Emergence Capital's Fund III raised in 2012. Emergence now has nearly $1 billion under management across four funds.

Limited partners in the fund include a select group of highly respected university endowments, national foundations and pension funds that have a deep history of successful investing in venture capital. Emergence Capital is pleased to include a few new premier university endowments and foundations in ECP IV, along with 100% return of its current institutional investors.