True Ventures related stories
All articles and analysis
Greenspring returns to market with venture FoFFirm is targeting to raise at least $400 million, according to regulatory documents
- Peloton grabs $30 mln Series C
Home fitness equipment retailer Peloton has raised $30 million in Series C funding. True Ventures and Tiger Global Management led the round.
- Redpoint Ventures leads $30 mln round for Duo Security
Ann Arbor, Michigan-based Duo Security, a provider of cloud-based access security solutions, has received $30 million in Series C funding. Redpoint Ventures led the round with participation from return backers Benchmark, Google Ventures, Radar Partners and True Ventures.
- Bessemer, True back npm
Oakland-based npm Inc, a provider of software tools for JavaScript developers, has raised $8 million in a Series A round. Bessemer Venture Partners led the round, which included True Ventures. As part of the funding, Bessemer Partner Ethan Kurzweil has joined the company board.
- VC-backed Metamarkets adds Payne to board
Metamarkets, a provider of programmatic marketing analytics, has named Jim Payne to its board of directors. Payne is the founder and former CEO of MoPub, a mobile ad exchange that was acquired by Twitter. Metamarkets is backed by Data Collective, Khosla Ventures, Village Ventures, IA Ventures and True Ventures.
- ProsperWorks nabs $7.5 mln Series A
San Francisco-based ProsperWorks, a provider of CRM solutions for Google Apps, has closed its Series A funding at $7.5 million. True Ventures led the round with participation from other investors that included Bloomberg Beta and Crunchfund.
- Hedvig nabs $12.5 mln
Santa Clara, California-based software-defined storage company Hedvig has raised $12.5 million in funding. The investors were Atlantic Bridge Capital, True Ventures and Redpoint Ventures.
- DFJ, True lead Series A funding in Twin Prime
Twin Prime, a provider of mobile data delivery optimization, emerged from stealth and announced it has raised a $9.5 million Series A round of funding. DFJ and True Ventures co-led the oversubscribed round. Also participating are Milliways Labs and Moment Ventures. As part of the funding, Bubba Murarka, partner at DFJ, and Om Malik, partner at True, have joined the company board.
- Fitbit to acquire VC-backed FitStar
Fitbit Inc has agreed to buy San Francisco-based FitStar, a digital health and fitness platform. No financial terms were disclosed. FitStar's backers include Google Ventures and Trinity Ventures.
- HR platform Namely rakes in $11 mln
New York City-based human resources platform Namely has secured $11 million in funding. Matrix Partners led the round with participation from True Ventures, Lerer Hippeau Ventures, Greenspring Global Partners and Vayner/RSE.