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Alastair Goldfisher

True Ventures' latest fund follows year of successful exits

3 min read · 10 December 2018

Firefly emerges from stealth with $21.5 mln in seed funding

San Francisco-based Firefly, which provides a digital advertising platform for rideshare drivers, emerged from stealth and announced it has raised $21.5 million in seed-stage funding. Funding was led by NFX, with participation from Pelion Venture Partners, Decent Capital (which is funded bu Tencent founders), Jeffrey Housenbold (of Softbank's Vision Fund), Cross Culture Ventures, Muse Capital, StartX and others. The company was founded in 2017.

1 min read · 08 December 2018

Ground transportation-focused Autotech seeks $225 mln for second fund

Menlo Park, California-based Autotech Ventures, is seeking to raise $225 million for its second fund, according to a regulatory filing. The firm said last year it raised $120 million for its inaugural fund. The firm is headed up by Managing Directors Alexei Andreev, Quin Garcia and Daniel Hoffer. Autotech Ventures focuses on connected, autonomous, shared and electrified vehicles and related mobility services.

1 min read · 07 December 2018

Google's Gradient Ventures backs autonomous logistics company Wise Systems

Cambridge, Massachusetts-based Wise Systems, which develops autonomous dispatch and routing software for delivery fleets, announced it has raised $7 million in Series A funding. Gradient Ventures, Google’s AI-focused venture fund, led the round. Existing investors E14 Fund, Neoteny, Trucks Venture Capital and Fontinalis Partners also participated. The company, founded in 2014 by MIT and Harvard University graduates, has now raised $8.5 million in total funding.

1 min read · 07 December 2018

Underscore leads $11 mln funding in Forge.AI

Cambridge, Massachusetts-based Forge.AI, an artificial intelligence company that focuses on decoding unstructured information machine-learning ready data, announced it has raised $11 million in Series A funding. Underscore VC led the round, which included participation from Accomplice, Boston Seed Capital, Imagination Capital and Project 11 Ventures. The company was founded last year by CEO Jim Crowley, COO Jennifer Lum and CTO Jack Crowley.

1 min read · 07 December 2018

IVP's Jules Maltz on the qualities to look for in a CEO

3 min read · 05 December 2018

Flipside Crypto adds Coinbase Ventures and Digital Currency Group as investors

Boston-based Flipside Crypto, which uses blockchain transaction data to analyze cryptocurrencies, announced it has added Coinbase Ventures and Digital Currency Group as investors. In addition, fintech entrepreneur Jeff Parker also joined the funding round along with current investors True Ventures, Castle Island and Boston Seed Capital. Flipside Crypto has raised $4.5 million to date. The company was founded in mid-2017 by CEO Dave Balter, Jim Myers and Eric Stone.

1 min read · 29 November 2018

IVP leads $81 mln funding of Deputy

Atlanta-based Deputy, provider of a workforce management software solution, has raised $81 million Series B funding. IVP led the round. Also participating are OpenView and Australian venture firms Square Peg Capital and EVP. Eric Liaw, general partner at IVP, has joined the board as part of the funding. Deputy was founded in Australia in 2008 and has now raised $106 million following a Series A round in early 2017.

1 min read · 28 November 2018

Technology Impact Growth Fund seeks $200 mln

Palo Alto, California-based Technology Impact Growth Fund is raising $200 million, according to a regulatory filing. Listed as the fund's managers are Dipender Saluja and Ion Yadigaroglu. The two are partners at the Capricorn Investment Group, an investment firm formed by former eBay President Jeffrey Skoll.

1 min read · 27 November 2018

Mobile enterprise tools developer Eko raises $20 mln

Eko, provider of a mobile collaboration and communications platform for businesses, has raised $20 million in Series B funding. SMDV led the round, which included participation from RedBeat Ventures, AirAsia’s investment arm, as well as Gobi Partners, East Ventures and existing shareholders. The company, founded in Bangkok, Thailand, in 2012, also announced a European expansion with offices in London, Amsterdam and Berlin.

1 min read · 27 November 2018

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