Founded in 2015 by Ashmeet Sidana, Engineering Capital is a venture capital firm that is based in San Francisco, California. As of February 2019, the firm is managing a portfolio of 19 companies and has sold off its shares in five companies. Its most recent funding was granted to Nimbella, a company providing cloud infrastructure services, in December 2018.
Since its establishment, Engineering Capital has invested in startups in the field of information technology (IT), such as those developing IT infrastructure products. The firm generally provides funding for startups seeking financing for the seed and early stage of development. Its current total fund amount, as of February 2019, is $79.5 million which was amassed through two funding rounds. The firm’s initial funding round collected $32 million in February 2015, and its most recent round managed to acquire a total of $47.5 million in November 2017.
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