Austin, Texas-based True Wealth Ventures announced it has raised $19.1 million for its inaugural fund. The firm makes early-stage investments in women-led, sustainable consumer and consumer health tech companies in Texas and nationwide. In addition to its gender impact investment strategy, the firm said that more than 80 percent of its limited partners are women.
1 min read · 13 February 2018
San Francisco-based UJET Inc, provider of a real-time customer communications platform, announced that it has raised a $25 million Series B round of funding. GV led the round, which included new investor Citi Ventures, and existing investors Kleiner Perkins Caufield & Byers and DCM Ventures. The company has now raised more than $45 million in funding to date. As part of the Series B round, GV General Partner Karim Faris has joined the board.
1 min read · 13 February 2018
San Francisco-based seed investor Homebrew, a backer in Bond Street, Pillow and Shyp, among others, announced it has raised $90 million for its third early-stage fund. The new vehicle is 80 percent larger than the $50 million the firm raised almost exactly three years ago for its second fund. At that time, Homebrew also raised $35 million for a follow-on fund to do primarily Series B deals.
1 min read · 13 February 2018
New York-based Attentive, provider of a personalized mobile messaging platform for ecommerce and retail businesses, has emerged from stealth and announced it has raised $13 million in Series A funding. Bain Capital Ventures led the round, which included Eniac Ventures and NextView Ventures. The company was co-founded in 2016 by CEO Brian Long and Vice President of Product Andrew Jones, co-founders of TapCommerce, the mobile app retargeting company that Twitter purchased in 2014 for about $100 million.
1 min read · 08 February 2018
Redwood City, California-based Highfive, provider of a video conferencing system for meeting rooms, announced it has raised $32 million in Series C funding led by Dimension Data. Existing investors Lightspeed Venture Partners, General Catalyst and Andreessen Horowitz also participated in the round. The company has now raised $77.4 million in total funding since it was founded in 2012.
1 min read · 07 February 2018
San Francisco-based Human Interest, which provides retirement savings plans for small business employers and employees, announced it has raised an $11 million Series A round of funding led by Wing Venture Capital. Adam Nash, former CEO of Wealthfront, also participated in the round. The company was formerly known as Captain401, but rebranded as it aims to expand its reach nationwide.
1 min read · 07 February 2018
New York-based Mirror, a stealth company developing a connected fitness platform, announced that it has raised $13 million in early-stage funding. Backers include Spark Capital, which led the $10 million Series A round, and Lerer Hippeau, which led the $3 million seed-stage funding. Other investors include First Round Capital, Primary Venture Partners, BoxGroup and Brainchild Holdings.
1 min read · 06 February 2018
Palo Alto, California-based 8th Wall, which helps developers build augmented reality applications, announced it has raised an $8 million Series A round of funding. Norwest Venture Partners led the Series A round with participation from the Venture Reality Fund, Shasta Ventures and Sparkland Capital. As a result of the latest funding, Vab Goel, a general partner at Norwest, has joined the board. The company has now raised $10.4 million in total funding.
1 min read · 06 February 2018
Santa Monica, California-based incubator and venture firm Science Inc, an early investor in Dollar Shave Club, has wrapped up its second fund with $75 million in commitments, according to a regulatory filing. Twenty LPs committed to the fund, which was previously targeted at $60 million. Science, led by Mike Jones, Peter Pham, Greg Gilman and Tom Dare, has separately launched an incubator for blockchain startups.
1 min read · 02 February 2018
3 min read · 02 February 2018
