True Ventures related stories
All articles and analysis
VC-backed Copper beefs up C-suite team with two hiresSan Francisco-based Copper, a provider of productivity CRM solutions, has named Adrian Ivanov as chief revenue officer and Charles Ashworth as chief people officer. Also, the company has promoted M.G. Thibaut to senior vice president of finance and operations. Copper's backers include GV, NextWorld Capital, Norwest Ventures and True Ventures.
- IVP leads $100 mln round for HashiCorp
San Francisco-based HashiCorp, a cloud infrastructure automation company, has raised $100 million in Series D funding. IVP led the round with participation from Bessemer Venture Partners, GGV Capital, Mayfield, Redpoint Ventures and True Ventures.
- IVP leads funding of cloud infrastructure company HashiCorp, valued at $1.9 bln
San Francisco-based HashiCorp, a cloud infrastructure automation company, announced it has raised $100 million in Series D funding at a company valuation of $1.9 billion. New investor IVP led the round, which included Bessemer Venture Partners, also a new investor. Existing HashiCorp investors GGV Capital, Mayfield, Redpoint Ventures and True Ventures also participated in the round. The company, founded in 2012, has now raised $174 million in total funding.
True Ventures raises $635mThe California headquartered investment firm has announced the final close on its two funds.
- True Ventures wraps up two funds at combined $635 mln
True Ventures, a backer of Blue Bottle Coffee, Fitbit, Madison Reed and Ring, announced today the closing of its sixth early-stage fund at $350 million and its third Select Fund at $285 million. The firm, with offices in San Francisco and Palo Alto, announced in 2017 a $112 million second select fund to make growth investments in its portfolio companies, and it raised $310 million for its fifth fund in 2016.True Ventures, a backer of Blue Bottle Coffee, Fitbit and Ring, announced today the closing of its sixth early-stage fund at $350 million and its third Select Fund at $285 million. The firm, with offices in San Francisco and Palo Alto, announced in 2017 a $112 million second select fund to make growth investments in its portfolio companies, and it raised $310 million for its fifth fund in 2016.
- Crowdsourced recruiting company Teamable raises funding, announces acquisition
San Francisco-based Teamable, which leverages social networks to operate a hiring platform, has raised $5 million in additional funds and acquired Simppler, which developed machine learning-based matchmaking technology that focuses on finding people to hire. Terms of the acquisition were not disclosed. Teamable raised the funds from new investor Foundation Capital and previous investors True Ventures and SaaStr Fund. The company has now raised $10 million since it was founded in 2013. Foundation was also an investor in Simppler, along with Greylock Capital. Simppler, which had raised more than $3 million in funding, was the brainchild of Vipul Sharma, who earlier in his career ran machine learning engineering at Eventbrite.
- True Ventures leads Series A round for data startup Mode
Silicon Valley data startup Mode has raised $3 million in Series A funding. True Ventures led the round.
- Public Goods rakes in $3 mln seed
Public Goods, a direct-to-consumer brand selling basic necessities, has raised $3 million in seed funding. Yes VC led the round with participation from other investors that included Listen Ventures and Day One Ventures.
- Bear Flag Robotics nets $3.5 mln seed
Silicon Valley-based Bear Flag Robotics, an agricultural tech company, has secured $3.5 million in seed funding. True Ventures led the round.