Norwest Venture Partners (Norwest) is a venture and growth equity investment firm with approximately $6 billion in capital under management. The firm targets early- to late-stage venture and growth equity investments across several sectors, including cloud computing and information technology, Internet and consumer, software as a service, business and financial services, and healthcare. In January 2016, the firm announced Norwest Venture Partners XIII, a $1.2B fund. NVP XIII marked Norwest's third consecutive $1.2B fund raised in fewer than six years.