True Ventures related stories
All articles and analysis
TCV leads Peloton's $550 mln roundPeloton said Aug. 3 that it raised $550 million in a Series F financing round led by TCV. Nearly all of Peloton's existing institutional investors, including Tiger Global, True Ventures, Wellington Management, Fidelity (FMRCo), NBCUniversal, Kleiner Perkins and Balyasny participated in this round. New investors include Felix Capital, Winslow Capital and other mutual fund partners. J.P. Morgan served as the sole placement agent to Peloton on the transaction. Peloton, of New York, provides high end cycling equipment for the home.
- Cisco to buy cyber-security company Duo for $2.35 billion: Reuters
Cisco Systems Inc said on Thursday it would buy Duo Security, a venture capital-backed cyber security company, for $2.35 billion in cash, as it seeks to expand its offerings in cloud computing.
- LoanSnap grabs $8 mln Series
San Francisco-based mortgage startup LoanSnap has raised $8 million in Series A financing. True Ventures led the round with participation from other investors that included Baseline Ventures, Virgin Group, Core Innovation Partners, Liquid 2 Ventures, OVO Fund and Transmedia Ventures.
- Puppet collects $42 mln
Portland, Oregon-based Puppet, a standard for automating the delivery and operation of the software, has secured $42 million in funding. Cisco Investments led the round with participation from EDBI, Kleiner Perkins, True Ventures and VMware.
- CRV leads funding in Pared
San Francisco-based Pared, which operates a restaurant labor marketplace, announced it has raised $10 million in Series A funding. CRV led the round, which included seed investors Uncork Capital and True Ventures. As part of the latest funding, Saar Gur, a partner at CRV, has joined the board. The company, founded in 2015, has now raised $13 million in total funding.
- Urban Airship seals $25 mln Series F in Foundry Group-led round
Urban Airship, a digital growth company, has raised $25 million in Series F funding. Foundry Group led the round with participation from True Ventures, August Capital, Intel Capital, Verizon Ventures, QuestMark Partners and Franklin Park Associates.
- C-suite execs' platform Pulse Q&A inks $4 mln seed
Pulse Q&A, a platform for C-Suite executives, has raised $4 million in seed funding. True Ventures led the round.
