Costa Mesa-based CerraCap Impact Venture Capital has named former Silicon Valley Bank and Equifax Chief Information Officer Mark Rohrwasser to lead its CXO Council, an advisory group designed to help shape investment strategy and support growth across the firm’s portfolio companies.
Rohrwasser previously served as CIO of Silicon Valley Bank, which was once the primary banking partner for thousands of innovators, entrepreneurs, and investors, including nearly half of U.S. venture-backed technology and life sciences companies, before its collapse in 2023.
CerraCap focuses on investments in artificial intelligence, health technology and cybersecurity. Last year, CerraCap Ventures in Costa Mesa and Impact Venture Capital merged to form CerraCap Impact Venture Capital. The newly combined firm had $300 million funds under management as of February, according to Business Journal data.
Before the merger, CerraCap injected $3 million into local businesses and made three deals in Orange County last year. This included Enginius.ai, Space Kinetic and Syntiant in a secondary position.
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