shasta ventures

  • Swipely Raises $12M To Plug Marketing Tools Into Retail Payment Systems

    Swipely Raises $12M To Plug Marketing Tools Into Retail Payment Systems

    “Payment marketing” startup Swipely is announcing that it has raised $12 million in Series B funding. Although founder and CEO Angus Davis (who founded TellMe, which was acquired by Microsoft) said that he’s focused on “looking forward to the future,” it’s worth noting that this is the first round that Swipely has raised since the company moved on from… Read More

  • Shasta Ventures Closes New $265 Million III Fund

    Shasta Ventures Closes New $265 Million III Fund

    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 Raises $16.5 Million From Andreessen Horowitz, Greylock And Others

    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… Read More

  • Geodelic Scores $7 Million To Boost Its Location-Aware Mobile Apps Business

    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… Read More

  • SpiderCloud Wireless Raises $25 Million, Total Funding Now $40 Million

    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… Read More

  • Outright Raises $5 Million More For Simple Online Bookkeeping App

    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… Read More

  • Geodelic Raised $3.5 Million For Location-Aware Recommendations

    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… Read More