True Wind Capital, a San-Francisco- based private equity firm focused on technology, has closed its second fund, True Wind Capital II, L.P. True Wind Capital II has exceeded its fund target with $817 million in equity commitments.

Fund II will continue the firm’s strategy in partnering with technology companies with strong management teams across niche sectors in large and growing markets. True Wind focuses on software, data analytics, internet, hardware and tech-enabled services.

True Wind received notable support from existing limited partners from Fund I while also adding new partners from pension funds, asset managers, foundations, endowments, family offices and technology leaders.

“We are grateful for the continued confidence and strong support we received for Fund II from a diverse group of new and existing high caliber investors,” said Andrew Clammer, founding partner at True Wind. “True Wind continues to distinguish itself as a leading technology-focused investor by bringing large cap experience to the lower middle market and positioning our portfolio companies for enduring success.”