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Emergence Capital has closed its fourth fund, Emergence Capital Partners IV, with $335 million.

The venture firm plans to focus on enterprise technologies, particularly software-as-a-service (SaaS) cloud technologies, mobile tech, and tools for helping people work together better.

“Cloud technology is evolving, and we see great opportunities to help founders in new growth areas such as vertical industry cloud solutions, enterprise mobile applications and next generation collaboration platforms,” said Gordon Ritter, co-founder and general partner of the firm, in a statement.

Emergence’s first investment, when it was founded in 2003, was Salesforce.com. Over the years, that early bet on cloud-based software has proven remarkably smart. Subsequent investments include Veeva Systems (VEEV), Box (BOX), SuccessFactors (SFSF, later acquired by Oracle), and Yammer (acquired by Microsoft).

Veeva was a particularly amazing bet: With just $4 million in venture capital, the life-sciences SaaS company managed to go all the way to an IPO at a $2.4 billion valuation. It’s now got a market capitalization north of $3.9 billion.

The firm also anticipates making investments in Internet-of-things (IoT) companies as standards around device interoperability mature, giving big companies yet another source of sensor data that can help provide intelligence about the state of their businesses. Emergence is even looking at drones and drone-mounted sensors as a potential enterprise play.

Emergence’s new fund will be managed by General Partners Jason Green, Brian Jacobs, Gordon Ritter, and Kevin Spain, along with new partner Santi Subotovsky. The firm is based in San Mateo, California.

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