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Vinny Smith's Toba Capital Backs Sauce Labs

Vinny Smith, the former CEO of Orange County's Quest Software, has backed a developer of web and mobile application development, via his investment firm, Toba Capital. San Francisco-based Sauce Labs said last week that Toba had backed the company in a $15M, Series D funding round, for the company's testing software, which is aimed at the mobile and web application development market. Vinny Smith, who build Aliso Viejo-based Quest Software into one of the region's largest software companies, took some of the $850M he earned from Dell's takeover of the company to create Toba Capital. More information »


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