True Ventures related stories
All articles and analysis
Personal Finance Site SaveUp Inks $2MSan Francisco-based SaveUp has raised $2 million in seed financing to help Americans save more money. The company is developing a national rewards program for personal savings, where users win promotions and prizes by paying down their debts and bulking up their savings. BlueRun Ventures and True Ventures are backing the company. SaveUp is currently gearing up for a private beta test of its service.
- Spectrum Bridge Inks $8.8M Series B
Spectrum Bridge Inc., a company developing technology to improve availability, allocation and access to wireless spectrum, has raised $8.8 million in venture financing. True Ventures, Telecommunications Development Fund and Espírito Santo Ventures provided the cash, which will help the company commercialize its software.
- Bloomspot Seals $40M in Fresh VC
Bloomspot, a company that aims to connect merchants with customers via online offers, has sealed $40 million in new funding. The Series B round, according to the blog Evan Hugh, includes a $5 million round of venture debt from Western Technology Investment. Unlike Groupon and other daily deal sites, Bloomspot is attempting to target specific users by analyzing credit card data from merchants and users. By getting permission to analyze that data, the company says it can predict how much a user will spend based on a specific deal offer. Bloomspot is based in San Francisco. It is backed by True Ventures, Menlo Ventures, Harrison Metal and individual investors.
- Fund Briefs, August 2011
Fundraising news briefs about GSR Ventures, Pelion, M/C Ventures and other VC firms
- Piston Cloud Computing Adds $4.5M
San Francisco-based Piston Cloud Computing Inc. has raised $4.5 million in a round co-led by Hummer Winblad and True Ventures. Divergent Ventures and other, undisclosed investors contributed. As a result Lars Leckie from Hummer Winblad, and Puneet Agarwal from True Ventures will join Piston’s board.
- Top 10 Blog Posts this Week focus on CalPERS CIO's Comp, How Avalon Got into the Zynga Deal and a Bunch of Early Stage Funds Being Raised
Want to catch up on the blog posts that your peers found most interesting on peHUB this week? Here are the top 10 posts written by peHUB and Reuters staffers that garnered the most pageviews from regular readers from July 4 to July 8. Hot topics included CalPERS's Chief Investment Officer Joe Dear's compensation, how little-known Avalon Ventures got into the Zynga deal, a wave of new early stage funds being raised, Silver Spring filing for an IPO and lots more. 1. Dear Joe Dear: What Do You Make at CalPERS? https://admin.venturecapitaljournal.com/111090/dear-joe-dear-what-do-you-make-at-calpers/ by Gregory Roth 2. Avalon Ventures: the Low-Flying Firm About to Make a Billion Bucks on Zynga’s IPO https://admin.venturecapitaljournal.com/111163/avalon-ventures-the-low-flying-firm-about-to-make-a-billion-bucks-on-zynga%E2%80%99s-ipo/ by Connie Loizos 3. Report Finds 127 Early Stage Funds Now Being Raised https://admin.venturecapitaljournal.com/110965/report-finds-127-early-stage-fund-now-being-raised/ by Mark Boslet 4. Solamere Exec Helps Lead Romney Fundraising Effort https://admin.venturecapitaljournal.com/110972/solamere-exec-helps-lead-romney-fundraising-effort/ by Bernard Vaughan 5. Silver Spring Networks files for IPO of up to $150M https://admin.venturecapitaljournal.com/111334/silver-spring-networks-files-for-ipo-of-up-to-150m/ by Reuters 6. Aussie Contact Helps NY Firm Flip Company In One Day https://admin.venturecapitaljournal.com/111255/aussie-contact-helps-ny-firm-flip-company-in-one-day/ by Bernard Vaughan 7. TALK BACK: What’s Going on in China? https://admin.venturecapitaljournal.com/110988/talk-back-what%E2%80%99s-going-on-in-china/ by Jonathan Marino 8. Carlyle in Talks to Buy Energy Capital Partners https://admin.venturecapitaljournal.com/111364/carlyle-in-talks-to-buy-energy-capital-partners/ by Reuters 9. Fears Of SEC Registration Disappear, But Venture Firms May Face New Record Keeping Demands https://admin.venturecapitaljournal.com/110849/fears-of-sec-registration-disappear-but-venture-firms-may-face-new-record-keeping-demands/ (subscription required), by Mark Boslet 10. Truly Quick: True Ventures Nears Final Close on $200M Fund https://admin.venturecapitaljournal.com/111285/truly-quick-true-ventures-nears-final-close-on-200m-fund/ by Jonathan Marino