Emergence Capital co-founder Emergence Capital Emergence CapitalEmergence Capital founder Gordon Ritter led the firm's first investment in 2003, when it put $1 million into Salesforce in a deal valuing the company at about $140 million.Now, Emergence Capital is a leading investor in enterprise startups.Ritter says that "coaching startups," which use your own information to help you get better, could be the next big thing in enterprise software.And for its part, Emergence has gone to make more investments in hot cloud-computing companies serving the business software market, like the $1 billion video chat startup Zoom or the HR startup and future IPO candidate Gusto.The short version is an idea he refers to as "coaching networks" — tools that gather data on your personal habits, compare them against the statistically-proven best way to do things, and figure out how to constructively guide you towards success.
Emergence, the 18-year-old, San Mateo, Ca.-based venture firm focused on enterprise tech startups, has rounded up nearly a billion dollars in capital commitments across two funds. It closed its sixth early-stage fund with $575 million; the outfit also raised a so-called opportunity fund for the first time, closing it with $375 million in capital commitments. […]