True Ventures

  • SF Port Authority Shuts Down Tech-Hub Pier 38; Boots All Tenants Including Dogpatch Labs, Polaris Ventures, Automattic, True Ventures

    SF Port Authority Shuts Down Tech-Hub Pier 38; Boots All Tenants Including Dogpatch Labs, Polaris Ventures, Automattic, True Ventures

    A few weeks ago, we heard that the San Francisco Port Authority had red-tagged Pier 38 — putting up warnings that the space was unsafe. This is a big deal because Pier 38 is something of a tech hub. It’s home to tenants including Dogpatch Labs, Polaris Ventures, Automattic, True Ventures, 99 Designs, EGG HAUS, and more. While Robert Scoble grabbed some pictures showing just… Read More

  • Nodeable, The Twitter For Machines, Raises $2 Million From True Ventures

    Nodeable, The Twitter For Machines, Raises $2 Million From True Ventures

    Nodeable, a startup building a cloud-based social platform for systems data, announced today that it has raised $2 million in series A financing, led by True Ventures. The startup will use this infusion of capital to ramp up hiring efforts and continue building its platform, as it moves into private beta. Read More

  • Social Analytics Platform BackType Raises a Cool Million in Funding

    Social Analytics Platform BackType Raises a Cool Million in Funding

    Today, San Francisco-based marketing intelligence company, BackType, announced that it has closed a seed funding round of just over $1 million, led by a group of Silicon Valley investors, including lead investor True Ventures as well as Manu Kumar’s K9 Ventures, Freestyle Capital, Chris Sacca’s Lowercase Capital, Dave McClure’s 500 Startups, Founder Collective, Raymond… Read More

  • Should Entrepreneurs Trust a VC Who Is Also Founding a Company? (TCTV)

    Should Entrepreneurs Trust a VC Who Is Also Founding a Company? (TCTV)

    There’s an age-old debate in Silicon Valley over whether or not you have to have started a company before to be a great VC. While many of the best VCs in Valley history weren’t entrepreneurs, the bias is heavily on investors who know firsthand what entrepreneurs are going through. But what about VCs who are building companies at the same time they are backing them? It’s a… Read More

  • True Ventures Funds Orabrush, the Justin Bieber of Mouth Care

    True Ventures Funds Orabrush, the Justin Bieber of Mouth Care

    Now here’s a funding deal you don’t get to write about everyday. True Ventures has invested $2.5 million in a tongue scraper. That’s not high-tech jargon for, say, a scummy site that steals private data off of your social networks and sells it to marketers. True Ventures newest portfolio company is a small consumer package good company out of Provo, Utah that sold a… Read More

  • True Ventures' Entrepreneur Force Pays It Forward To Budding Tech Leaders

    True Ventures' Entrepreneur Force Pays It Forward To Budding Tech Leaders

    In the midst of the implosion of the financial markets in 2008, True Ventures raised its second fund. Founder and partner Phil Black tells us that shortly after this raise in early 2009 (which he calls the “dark days in the financial world”), the fund’s partners were sitting at a meeting looking for innovative ways they could help jump start the tech economy. Inspired by… Read More

  • Jaiku Founder Raises Seed Funding For New Venture, Pingpin, Wastes My Time

    Jaiku Founder Raises Seed Funding For New Venture, Pingpin, Wastes My Time

    Looks like Jaiku founder and former Googler Jyri Engeström is up to something new. According to an SEC filing, a startup listing Engeström as chief executive officer called Pingpin has just raised $775,000 in financing. Backers are BetaWorks (the startup’s address matches that of the early-stage investment firm) and True Ventures, as founder and managing partner Jon Callaghan is listed… Read More

  • Resonant Plants New Seed Fund in Michigan

    Resonant Plants New Seed Fund in Michigan

    A new seed fund called Resonant Venture Partners opened its office doors in Ann Arbor, Michigan today. Founded by Michael Godwin and Jason Townsend, Resonant aims to raise $10 million within the next 18 months, and to invest up to $500,000 per seed round in regional firms across a variety of high-tech sectors: IT, life sciences, advanced manufacturing, alternative energy and defense. Though… Read More

  • Data Center Automation Startup Puppet Labs Raises $5 Million More

    Data Center Automation Startup Puppet Labs Raises $5 Million More

    Data center automation company Puppet Labs this morning announced that it has raised $5 million in funding, bringing the total amount of capital invested in the fledging startup to $7 million. Kleiner Perkins Caufield & Byers led the Series B round, while existing investors True Ventures and Radar Partners – which participated in the Series A round back in June 2009 – also… Read More

  • Enterprise Communications Software Socialcast Secures $1.4 million in Series A Funding

    Enterprise Communications Software Socialcast Secures $1.4 million in Series A Funding

    Socialcast, a social communication SaaS provider for enterprises, has secured $1.4 million in Series A funding from True Ventures and angel investors. True Ventures led the round with $1 million and angel investors contributed $400,000. Socialcast was a finalist for the 2009 Crunchies Award for “Best Bootstrapped Startup.” Om Malik, the founder of tech blogging network GigaOm… Read More