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Venture’s social media superstarsSocial sites have become tools for deal sourcing, relationship building and the inevitable online popularity contest. Here are the industry’s top masters of the media.
TripleLift raises $4 mln in Series A round with the help of iNovia CapitalTripleLift, a native advertising technology platform for the visual web, has secured US$4 million in a Series A financing round. The round was led by U.S. venture capital firm True Ventures, with the participation of Canadian firm iNovia Capital, one of the company's existing investors. Other backers included NextView Ventures, MESA+, Liberty City Ventures, Social Starts, Laconia Ventures, Social Internet Fund and several angel investors. The New York-based TripleLift will use the new funds to expand its platform’s adoption among premium publishers and brands.
- True Ventures leads $4 mln Series A funding round in TripleLift
True Ventures leads $4 million Series A funding round in TripleLift, an advertising technology platform for the visual web. Existing investors iNovia Capital, NextView Ventures, MESA+, Liberty City Ventures, Social Starts, Laconia Ventures, the Social Internet Fund and several ad tech angels participated in the funding round.
Fund briefs Mar 1, 2014In recent weeks, Aspect launches and Mayfield closes Indian fund
- Smarterer attracts $1.6 mln
Smarterer has raised $1.6 million in funding. Investors in this round include Rethink Education and Deborah Quazzo, founder and managing partner of GSV Advisors. Also, the company has appointed Dave Balter as CEO. Balter is replacing Jennifer Fremont-Smith. Based in Boston, Smarterer, which is also backed by Google Ventures and True Ventures, is a provider of skills assessment solutions.
IVP joins growing list of VCs with San Francisco officesInstitutional Venture Partners has joined a growing list of venture firms that have hung their shingles in San Francisco. "We're seeing a ton of tech talent in the city, and if a venture firm is not set up to work with them here in San Francisco, then they're at a disadvantage," IVP General Partner Dennis Phelps told peHUB.
- Thrive Capital leads Series A round for Spree Commerce
According to a blog post on its site, Spree Commerce has secured $5 million in Series A funding. Thrive Capital led the round with participation from Vegas Tech Fund, Red Swan and previous backers True Ventures and AOL Ventures. Based in Bethesda, Maryland, Spree Commerce is an ecommerce platform. To read more details about the funding, visit here http://spreecommerce.com/blog
- Om Malik becomes partner at True Ventures
Om Malik, founder of the news site Gigaom and a journalist for more than 20 years, said he has become a partner at True Ventures and will give up his day-to-day reporting duties. He had previously been a venture partner at the firm. In a blog post, Malik said he will remain on the Gigaom board and write as an occasional columnist, but no longer function as a daily employee.
- True Ventures targets $250 mln for fourth fund
According to an SEC Form D filing http://www.sec.gov/Archives/edgar/data/1598006/000159800614000001/xslFormDX01/primary_doc.xml True Ventures is seeking to raise $250 million for its fourth fund. Based in San Francisco and Palo Alto, Calif., True Ventures is an early-stage VC firm.
- GSV Capital leads $20 mln round for PayNearMe
PayNearMe has closed $20 million in funding. GSV Capital led the round with participation from August Capital, Khosla Ventures, Maveron and True Ventures. Based in Sunnyvale, Calif., PayNearMe is an electronic cash-transaction network.