Menlo Park-based VC firm Shasta Ventures is announcing the closing of its Shasta Ventures III fund today, topping off at $265 million. With the participation of mostly already existing investors, the fund will be the VC firm’s largest raised to date, following the $250 million Shasta Ventures II fund closed in 2007 and the $210 million Shasta Ventures I fund closed in 2004. → Read More
Apptio, a Bellevue, Washington-based provider of SaaS-delivered Technology Business Management solutions this morning announced that it has closed a $16.5 million Series C round – the company has now raised up to $37.5 million in venture capital.
The financing round, which the company says was oversubscribed, was led by Shasta Ventures, with participation from all current investors including … → Read More
Exclusive – Mobile application developer Geodelic has raised $7 million in a Series B financing round led by MK Capital, with previous backers Clearstone Venture Partners and Shasta Ventures participating.
The round brings the total amount of capital injected into the company to more than $10 million.
Initially incubated by Clearstone in 2008, Geodelic develops a free application for mobile… → Read More
Wireless technologies developer SpiderCloud Wireless has raised $25 million in a Series B funding round led by Opus Capital. Shasta Ventures and existing Series A investors Charles River Ventures and Matrix Partners also participated in the round, which brings the company’s total funding to a healthy $40 million.
SpiderCloud Wireless provides the industry’s first Enterprise Radio Access Network… → Read More
Sequoia Capital has led a second round of funding for Outright, provider of a free and drop-dead simple online bookkeeping service, investing $5 million in the fledgling company together with returning backers First Round Capital, Shasta Ventures and SoftTech VC.
Outright (formerly called GoBootstrap) launched its online bookkeeping app in public beta earlier this year after raising $2 million in… → Read More
On a mobile phone, the more you can automate search, the more likely people are to use it. Or at least that is the principle which seems to be guiding Geodelic Systems, a startup which is creating a “search-less search” experience for mobile phones. Today in a press release, it revealed that it raised $3.5 million in an earlier round possibly in 2008 from Clearstone Ventures (where it was… → Read More
Austin, TX
Seattle, WA
San Diego, CA
Menlo Park, CA
San Francisco
San Francisco, CA
