True Ventures related stories
All articles and analysis
- True Ventures leads funding in Flipside Crypto
Boston-based Flipside Crypto, which uses algorithms to analyze liquid cryptocurrencies, announced it has raised $3.4 million in venture funding. True Ventures led the round, which included The Chernin Group, Resolute Ventures, Boston Seed Capital, Converge and Founder Collective. As part of the funding, True Ventures Partner Adam D’Augelli has joined the board. The company was founded in mid-2017 and is led by CEO Dave Balter, CTO Jim Myers and Eric Stone, head of data science.
- Wefarm rakes in $5 mln seed
Wefarm, a farmer-to-farmer digital network, has secured $5 million in seed funding. True Ventures led the round with participation from other investors that included Skype, WordPress founder Matt Mullenweg, Blue Bottle Coffee CEO Bryan Meehan, LocalGlobe and Accelerated Digital Ventures.

True names Amy Errett venture partnerTrue Ventures said it named Amy Errett a venture partner.
- Rubrik buys VC-backed Datos IO
Rubrik has acquired San Jose, California-based Datos IO, a provider of backup and recovery solutions for NoSQL databases and big data file systems. No financial terms were disclosed. Datos IO was backed by Lightspeed Venture Partners, True Ventures, Network Appliance and Cisco Investments.
- Engeström, Fake form Yes VC and target fund up to $50 mln
Jyri Engeström and Caterina Fake have come together to form Yes VC and raise a seed and pre-seed fund of up to $50 million.
- Israeli road hazard warning app Nexar raises $30 million: Reuters
Israel-based Nexar, whose technology warns drivers of real-time road hazards, said on Wednesday it raised $30 million in a financing round led by Ibex Ventures.
- Array Ventures seeks $35 mln for second fund
San Francisco-based Array Ventures is seeking to raise $35 million for its sophomore fund, according to a regulatory filing https://www.sec.gov/Archives/edgar/data/1728421/000172842118000001/xslFormDX01/primary_doc.xml The fund is more than three times the size of its first fund, which raised about $10 million two years. Array is led by Managing Partner Shruti Gandhi, who previously was an investor with True Ventures and Samsung.
- Baffle raises $6 mln from Envision, ServiceNow Ventures, Thomvest, Industry Ventures, True, others
Baffle said it raised $6 million in Series A funding in a round led by Envision Ventures and joined by ServiceNow Ventures, Thomvest Ventures and Industry Ventures.
- OutboundWorks grabs $2.25 seed
OutboundWorks, a platform that automates sales development as a service, has secured $2.25 in seed funding. True Ventures led the round with participation from NextGen Ventures. In conjunction with the funding, Phil Black of True Ventures will join OutboundWorks' board.