True Ventures related stories
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Orchestrate.io Pulls in $3M Seed Deal, Led by TrueTrue Ventures led a $3 million seed-stage funding for Orchestrate.io, a developer of a API that allows companies to add location, search, activity stream, and recommendation features to their apps. Also participating in the round are Frontline Ventures and Resonant Venture. As part of the deal, Puneet Agrawal, general partner at True Ventures, has joined the board.
- NVCA Elects Josh Green as Chairman of the Board
The National Venture Capital Association has elected Josh Green to serve as its 2013-2014 chairman of the board of directors. Green is general partner of Mohr Davidow Ventures. Also VCA added the following as new directors to its board: Scott Kupor, Andreessen Horowitz; Sue Siegel, GE healthymagination; John Backus, New Atlantic Ventures; Art Pappas, Pappas Ventures; Mark Leschly, Rho Capital Partners; and Jim Healy, Sofinnova Ventures. And NVCA also named Scott Sandell, general partner at New Enterprise Associates, as chair-elect for the 2014-2015 year.
The Top 10 Seed Investors Able to Generate Follow On DealsCB Insights took at look at which seed deals received follow-on funding and listed investors by the ability of their portfolios to raise new money. Here are the top 10.
- Madison Color Raises $4M From True, Maveron, Angels
Madison Color said it raised $4 million of Series A funding in a round led by True Ventures and joined by Maveron LLC and angel investors. The company added True Ventures partner Jon Callaghan to its board AND will debut this fall.
Venture Capital Business Is in Midst of Disruption, Says Mark Suster – VideoDisruption – the very thing VCs expect from their portfolio companies – has begun to reshape the venture business, Mark Suster told general partners at Thomson Reuters’ Venture Alpha East conference in Boston earlier this month.
Accel Raises Its Voice, Hires Yelp Marketing Guru IchinoseIn yet another sign of the importance of marketing in an increasingly noisy startup world, Accel Partners today announced that it has hired Stephanie Ichinose, formerly Yelp's Senior Director of Communications, as its marketing partner. In the new role, Ichinose will be responsible for the firm’s brand and help portfolio companies with their strategic positioning and communications.
Intel Capital Ranks as Most Active VC in FebruaryThe corporate venture arm backed eight deals in the month; Benchmark ranked second with seven deals
3D Makes Everything Better3D is not a new phenomenon, but it is playing a role in many different industries and has garnered some VC interest; it may also prove to be instrumental in changing how the world sees things
- Square 1 Bank Provides Debt Financing to Stitch Labs
Square 1 Bank has provided a $1.4 million term loan to San Francisco-based Stitch Labs, an inventory management company. The money will help with growth efforts.
- Concurrent Raises $4M From True, Rembrandt
Concurrent, Inc. said it raised $4 million of Series A funding in a deal led by True Ventures and Rembrandt Venture Partners. The San Francisco company previously raised a $900,000 seed investment in August 2011. The new money will go to product development and for new hires. Concurrent also named Gary Nakamura as CEO.