shasta ventures

  • Leanplum raises $29M Series C round for its mobile marketing platform

    Leanplum raises $29M Series C round for its mobile marketing platform

    Leanplum started out as a mobile A/B testing platform but has since built on this foundation to become a fully-fledged mobile marketing platform. The company has now raised a $29 million Series C round led by Canaan Partners with participation from existing investors Kleiner Perkins Caufield & Byers and Shasta Ventures. This brings Leanplum’s total funding to $46.4 million to… Read More

  • Apptio rises 41% in cloud IPO

    Apptio rises 41% in cloud IPO

    Seattle-based Apptio went public on the Nasdaq today, seeing its shares rise nearly 41 percent on its first day of trading. The cloud software company, which targets CIOs, went public during a slow year for tech IPOs. Only a handful have braved the market following the dismal performance of last year’s tech stocks. But the few that went public this year have mostly done very well. Read More

  • Frame.io raises a $10M Series A with Jared Leto and Kevin Spacey as investors

    Frame.io raises a $10M Series A with Jared Leto and Kevin Spacey as investors

    Cloud-based collaboration tool Frame.io has raised $10M in Series A funding led by Accel, with participation from SignalFire, FirstMark Capital, and Shasta Ventures. Actor Jared Leto, who was a seed investor in the company, has also invested in the Series A as well as actor Kevin Spacey. Frame.io is a collaboration tool for video creators and compares themselves to a InVision or Github… Read More

  • Website-building platform Brandcast raises $13.9M

    Website-building platform Brandcast raises $13.9M

    Brandcast, a startup allowing marketers and designers build mobile-friendly websites without having to write code, announced today that it has raised $13.9 million in Series A funding. The round was led by Shasta Ventures with participation from Salesforce CEO Marc Benioff and Correlation Ventures. (Brandcast co-founder and chief strategy officer Hayes Metzger previously worked at Salesforce… Read More

  • Shasta Ventures is raising a $300 million fifth fund

    Shasta Ventures is raising a $300 million fifth fund

    Shasta Ventures is raising up to $300 million for a fifth fund according to a new SEC filing that lists managing director Jason Pressman and Rob Coneybeer (Coneybeer co-founded Shasta with fellow managing directors Tod Francis and Ravi Mohan in 2004; Pressman joined the following year). Shasta appears to be sticking with its knitting with its new fund. It saw an enormous return when… Read More

  • Tally raises $15 million for app to make credit cards less expensive, easier to manage

    Tally raises $15 million for app to make credit cards less expensive, easier to manage

    San Francisco-based Tally Technologies raised $15 million in Series A venture funding to launch an app that promises to help people maintain good credit while avoiding fees, charges and other credit card affiliated pains. Shasta Ventures led the Series A and was joined by the company’s earlier backers — Cowboy Ventures and AITV. Silicon Valley Bank also invested. Read More

  • Accion Systems raises $7.5 million in Series A to accelerate production of miniature space thrusters

    Accion Systems raises $7.5 million in Series A to accelerate production of miniature space thrusters

    Accion Systems, the company developing miniature space propulsion systems, has raised $7.5 million in Series A funding led by Shasta Ventures. RRE Ventures, Founder Collective, and Slow Ventures also participated in the round. The company had previously raised $2 million from seed funding and $6.5 million from partnerships with the Department of Defense. While perhaps best known for their… Read More

  • Ground delivery robots: Passing fancy or next wave?

    Ground delivery robots: Passing fancy or next wave?

    “Every failed on demand startup will reappear as a successful robotics driven business in five to 10 years.” So tweeted Jeremy Conrad, founding partner of the San Francisco-based hardware fund Lemnos Labs, one recent afternoon. Conrad apparently means what he tweets, having investing in Marble, a new, San Francisco-based ground-delivery robot that will focus on ground-based… Read More

  • Boomerang Commerce Raises $12M Series B Round For Its Price Optimization Platform

    Boomerang Commerce Raises $12M Series B Round For Its Price Optimization Platform

    Disrupt Battlefield alum (and finalist) Boomerang Commerce today announced that it has raised a $12 million Series B round led by Shasta Ventures. Previous investors Madrona Venture Group and Trinity Ventures also participated in this round. Boomerang helps online retailers get their prices right. It allows retailers to test and optimize their pricing strategies and it allows them to monitor… Read More