Toronado Capital Management (Toronado) is a San Francisco-based investment management company established in June 2013 that spun out of Crosslink Capital in May 2016. Along with its investment adviser (Toronado Partners LLC), Toronado manages a concentrated portfolio of leading technology-enabled businesses with competitive advantages and strong management teams. Through Toronado’s investment process, the firm builds long and short positions in emerging leaders across several disruptive industries who have small market capitalizations.