True Ventures related stories
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- Polaris Partners leads Series A round for health app First Opinion
San Francisco-based First Opinion, an app that helps users get personal health consultations from doctors, has closed $6 million in Series A funding. Polaris Partners led the round with participation from return backers that included True Ventures, Felicis Ventures, Scrum Ventures and Monashees Capital.
- Family entertainment firm ToyTalk pulls in $15 mln
ToyTalk, a San Francisco-based family entertainment firm, has raised $15 million in funding in a round led by Khosla Ventures, the company said in a blog post on its site. Other backers included previous investors Greylock, Charles River Ventures, True Ventures and First Round Capital. According to the company, the capital infusion will be used to expand its engineering and production teams. In addition to the funding, Samil Kaul, a partner at Khosla, has been added to ToyTalk's board of directors. To read the announcement, visit here http://blog.toytalk.com/
- Mayfield leads Series A round for HashiCorp
San Francisco-based HashiCorp, a provider of DevOps solutions for the modern data center, has raised $10 million in Series A funding. Mayfield led the round with participation from GGV Capital and True Ventures.
- True Ventures leads $4.9 mln Series A for Veniam
Veniam said Tuesday that it raised $4.9 million in Series A funding led by True Ventures, with participation from Union Square Ventures, Cane Investments and private investors. Mountain View, Calif.-based Veniam provides technology to turn vehicles into WiFi hotspots.
VC-backed Pluralsight acquires Smarterer for $75 mlnPluralsight, an online training provider for tech professionals, has bought Boston-based Smarterer, a skills assessment firm, for $75 million.
- Cloud security startup Evident.io raises $9.85 mln
Dublin, Calif.-based Evident.io, which provides security technology for Amazon Web Services, announced today that has raised $9.85 million in Series A funding led by Bain Capital Ventures. True Ventures also participated in the round. The company previously raised $1.5 million in seed-stage funding from True Ventures.
Crowding into seedAs micro VCs flood the seed market, deal competition, round sizes and valuations rise. A messy down leg could be on the way.
- New York startup Namely picks up $12 mln Series B
New York-based Namely, a human resources and payroll platform, has secured $12 million in Series B funding, a company spokesperson for the firm confirmed. Matrix Partners led the round with participation from True Ventures, Lerer Ventures and Bullpen Capital. In conjunction with the funding, David Skok, a general partner at Matrix, has been added to Namely's board.
Benchmark acquires stake in dating app TinderBenchmark has acquired an equity stake in Los Angeles-based online dating app Tinder, reportedly without spending any money on the deal.
Norwest joins lengthy list of firms with San Francisco digs: VCJThe City by the Bay has become a hotbed of venture activity, with more than 420 San Francisco-based startups pulling in nearly $9 billion in funding as of mid-October.