Based in Minneapolis, Coral Capital Management is a venture capital firm that focuses on investing in technology-driven companies with strong management teams. They look for companies with early demand indicators such as accelerating revenues, increasing product or service utilization, and a growing customer base. The fund typically invests in rounds with 4-5 participants and targets companies in high growth markets undergoing transitions driven by emerging technologies. Coral Capital Management has a preference for companies in the Social Network and Data Storage industries. Some of their notable portfolio startups include PlayPhone, Fon, and Picolight.