True Ventures related stories
All articles and analysis
Reluctant to Call Shotgun in Driverless CarsA lack of direct interest among entrepreneurs and VCs has some scratching their heads given the giant size of the auto industry
Piston Cloud Raises $8M From Cisco, Data Collective, True, Hummer, OthersPiston Cloud Computing Inc. said it raised $8 million in a Series B funding supported by Cisco Systems, Data Collective, Swisscom Ventures, Divergent Ventures, Hummer Winblad and True Ventures. The money will go to product development and company growth.
Scott Kurnit’s Ambitious Plans Hit a SnagBut backers aren’t ready to throw in the towel just yet on the entrepreneur/investor who previously sold About.com for $690M
- Puppet Labs Raises $30M From VMware
Puppet Labs said it raised $30 million from VMware, Inc. The two companies also agreed to a partnership for delivering IT management products.
- Portland-based Puppet Labs Inks $30M
Puppet Labs, a maker of IT automation software for system administrators, announced Wednesday that VMware has invested $30 million into the company. The company said the funding, and resulting strategic partnership, will help it accelerate development efforts.
Hunting For The Next Big ThingVCs find much to contemplate at the nation’s largest tech show, from smart fitness gadgets to next-gen content and home controllers
- MobileSpan Dials Up $2.3M, Led by True Ventures
MobileSpan has raised $2.3 million in a Series A round of funding led by True Ventures, with participation from Greylock Partners, K9 Ventures, Alchemist Accelerator and several individual investors. The company, which helps users plug their personal laptops and mobile devices into their corporate enterprise systems, says the round was oversubscribed.
- Streetline Hits the Street $25M Richer
True Ventures led a $25 million Series C financing for Streetline Inc., the California-based company that aims to optimize parking. Sutter Hill Ventures, RockPort Capital Partners, and Fontinalis Partners were joined by Citi and Qualcomm Ventures also participated in the round.
- It Pays to Be Nice: A Tale of Two Startups
Approximately two years ago, two startups that had yet to launch products raised more than $40 million, respectively, based almost solely on the track records of their founders. Both companies went on to stumble badly, but only one of them was pilloried for its failings.