True Ventures related stories
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True Ventures files to raise $295 mlnTrue Ventures, an investor in BrightRoll, Fitbit, MakerBot and others, filed to raise $295 million for its fifth fund, according to a regulatory filing.
- Forge nabs $4.5 mln seed
Forge Inc, a San Francisco-based company that lets PC gamers connect and share gaming clips, raised $4.5 million in a seed financing round led by True Ventures and Resolute Ventures with participation from WME Ventures.
Investors are all ears when it comes to hearing ailmentsHearing-focused startups are bridging the gap of consumer electronics and healthcare, as hearing ailments become increasingly prevalent among younger people
- Sequoia leads $30 mln round for Namely
Namely, a human resources software platform for mid-market companies, raised $30 million in a late-stage funding round led by existing investor Sequoia Capital. Matrix Partners, True Ventures and Greenspring Associates also participated. The funding follows Namely's Series C round in June and brings the total funding raised to $107.8 million.
- Understory gets $7.5 mln Series A from 4490 Ventures, Monsanto
Understory, a developer of weather sensor hardware and hyper-local data networks, received $7.5 million in Series A funding. Monsanto Growth Ventures and 4490 Ventures led the round with participation from returning investors True Ventures, RRE Ventures and SK Ventures as well as new backer CSA Partners. Understory will relocate its headquarters from Boston to Madison, Wisconsin.
- Verizon Ventures leads $22 mln Series B funding in Veniam
Verizon Ventures led a $22 million Series B funding round in Veniam, which provides vehicles with WiFi hotspot capabilities and connects them to each other and to the network infrastructure. Other investors in the funding include new investors Cisco Investments, Orange Digital Ventures and Yamaha Motor Ventures. Existing investors True Ventures, Union Square Ventures and Cane Investments also participated in the funding. Veniam has raised $27 million to date.
Unscrambling the unicorn correctionTrue Ventures’ Jon Callaghan chats about startup innovation and the unicorn ‘reset’
- Verizon Ventures leads $22 mln Series B for Veniam
Verizon Ventures led a $22 million Series B funding round for Veniam, a startup aiming to turn vehicles into WiFi hotspots. Current backers True Ventures, Union Square Ventures and Cane Investments participated in the round along with new investors Cisco Investments, Yamaha Motor Ventures and others.
3D printing gets its second windQueue up the next wave of 3D tech, which aims to be easy and affordable
- Kleiner Perkins leads $10.5 mln Series A for Handshake
Kleiner Perkins Caufield & Byers led a $10.5 million Series A round of financing for Handshake, a college career network. Returning investors True Ventures and Lightspeed Venture Partners participated in the funding along with new backer Lowercase Capital. As part of the funding, Eric Feng, general partner at Kleiner Perkins, will join Handshake’s board of directors.