True Ventures related stories
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Ticketing startup Applauze grabs $7.2 mln - VentureBeatAccording to VentureBeat http://http://venturebeat.com/2013/10/23/applauze-nabs-7-2m-to-supercharge-your-social-life/ San Francisco-based ticketing startup Applauze has closed $7.2 million in funding. The site reported that True Ventures led the round.
- Flint secures $6m in Series B funding
Flint Mobile has secured $6 million in new capital. The Series B round was led by Digicel, with additional funding from SVG Ventures. Previous investors True Ventures and Storm Ventures also contributed new capital as follow-on to their April 2012 investment.
- Academia.edu acquires Plasmyd
Academia.edu said Wednesday that it has acquired Plasmyd. No financial terms were disclosed. In conjunction with the funding, Plasmyd’s co-founders Adnan Akil and Kevin Wu will join the team at Academia.edu. Plasmyd is a peer review and discussion platform for papers. Academia.edu, which is backed by Khosla Ventures, Spark Capital and True Ventures, is an online community for scientists.
- Music platform Splice nets $2.75 mln
Splice said Wednesday that it has completed $2.75 million in seed funding. Union Square Ventures was the lead investor. True Ventures, Lerer Ventures, SV Angel, First Round Capital and Code Advisors also participated in the round. In conjunction with the funding, Andy Weissman, partner at Union Square Ventures, joins Splice's board of directors. Headquartered in New York City, Splice is a technology platform for music creators.
VCs flock to San Francisco as deal pace soarsSigma West and other firms are coming to the city, as deal activity soars and billion-dollar valuations become commonplace
- True Ventures leads Series A round for Madefire
Madefire said Wednesday that it has raised $5.2 million in Series A funding. True Ventures led the round with participation from Anthem Venture Partners, Crosslink Ventures and Correlation Ventures. Madefire is a provider of storytelling solutions for writers and artists.
- 3D Robotics racks up $30 mln in Series B financing
3D Robotics has closed $30 million in Series B financing. Foundry Group was the lead investor. Existing investors True Ventures, O’Reilly AlphaTech Ventures and SK Ventures also participated in the round. Also, Foundry Group's Jason Mendelson joins 3D Robotics' board of directors. With offices in Berkeley, San Diego and Tijuana, Mexico, 3D Robotics is a provider of navigation and sensing solutions to customers using land, sea or air-based vehicles.
- Stitch Labs sews up $3.5 mln in Series A financing
Stitch Labs said Thursday that it has raised $3.5 million in Series A financing. Costanoa Ventures' Greg Sands led the round with participation from True Ventures and Greg Waldorf. Based in San Francisco, Stitch Labs is a provider of real-time inventory and enterprise management solutions for small to medium-sized businesses.
- Loggly Grabs $10.5 Mln in Series B Financing
Loggly has raised $10.5 million in Series B financing. The lead investors were Cisco and Data Collective Venture Capital. Existing investors Trinity Ventures, True Ventures and Matrix Partners also participated in the round. Based in San Francisco, Loggly is a provider of cloud-based log management solutions.
- Fitbit Raises $43M From Qualcomm, SAP, Softback, Foundry, True
Fitbit raised $43 million in additional funding, according to a filing with the Securities and Exchange Commission. The company, which makes fitness tracking devices, raised the money from Qualcomm Ventures, SAP Ventures, SoftBank Capital, Foundry Group and True Ventures, according to TechCrunch.