True Ventures

  • True Ventures just closed its fifth fund with $310 million

    True Ventures just closed its fifth fund with $310 million

    The 11-year-old, early-stage firm True Ventures, with offices in San Francisco and Palo Alto, has closed its fifth fund with $310 million, slightly more than the $290 million that the firm raised for its fourth fund, which closed in 2014. Presumably, it could have raised much more. True was the first investor in WordPress parent Automattic, a “unicorn” whose eventual public… Read More

  • Glowforge raises $22 million to popularize its 3-D laser printers, catalog of materials

    Glowforge raises $22 million to popularize its 3-D laser printers, catalog of materials

    Of all the ways to make a 3-dimensional object, 3D printing is still the freshest, whether what’s involved is plastic extrusion, milling away wood or metal, or the spinning of cells into functional living tissues. Now, a company that makes a desktop laser cutter and engraver for home or office use, Glowforge, has raised $22 million to start mass production of its devices. The startup… Read More

  • The next new thing: Women VCs

    The next new thing: Women VCs

    Few — though not most — see what’s coming next, too, and that’s women VCs, taking their place alongside men, in equal, or nearly equal, numbers. In fact, we’d argue that the shift will represent the biggest opportunity over the next decade. It may be hard to believe, given the wealth of attention paid to the low numbers of women in the industry and the… Read More

  • Chameleon raises $1.9M for smarter product tutorials

    Chameleon raises $1.9M for smarter product tutorials

    Chameleon is a startup that wants to help other startups and online businesses do a better job of explaining their products to users. It announced today that it has raised $1.9 million in seed funding led by True Ventures. Co-founder and CEO Pulkit Agrawal said that for many companies “user on-boarding is really painful” — they can work really hard and spend lots of… Read More

  • NewCo raises new funding led by True Ventures

    NewCo raises new funding led by True Ventures

    NewCo, a San Francisco-based company that produces city-like festivals that acquaint attendees with local businesses, has raised roughly $4.3 million in fresh funding, shows a new SEC filing that states the outfit has raised just north of $6 million to date. Cofounder and CEO John Battelle tells us larger number includes an earlier convertible note that’s been turned into equity. Read More

  • Gradle Grabs $4.2 Million To Expand Commercial Company Around Open Source Build System

    Gradle Grabs $4.2 Million To Expand Commercial Company Around Open Source Build System

    Surely by now we know that every company is a software company, and as more companies focus on software development, it is increasingly difficult for them to manage the complexity around coordinating builds and creating executables. That’s where the open source Gradle tool comes in — and it got $4.2 million today to continue to expand the commercial company behind the open… Read More

  • Connectifier Raises $6M More For Its AI-Based Recruitment Search

    Connectifier Raises $6M More For Its AI-Based Recruitment Search

    A couple of weeks ago, LinkedIn announced a new version of its recruitment product, giving HR teams the ability to look for new hires that most closely match the profiles of employees they already know and like. But LinkedIn was not the first to use search technology, machine learning and so-called “entity recognition” to update and improve the hiring process. A much… Read More

  • Hatch Baby, Maker Of Smart Products For New Parents, Raises $7M Series A From True Ventures

    Hatch Baby, Maker Of Smart Products For New Parents, Raises $7M Series A From True Ventures

    Hatch Baby, whose Smart Changing Pad is due to ship soon, plans to conceive new tech-based services for parents after raising a $7 million Series A from True Ventures. Other participants in the round included Geoff Ralston, James Hong, H. Barton Co-Invest Fund, and Veddis Ventures. True Ventures also invested in Hatch Baby co-founder and chief executive officer Ann Crady Weiss’… Read More

  • Glowforge’s 3D Maker Machine Now Available On Pre-Order

    Glowforge has flipped the switch to on for pre-orders of its 3D laser printer. Makers can now purchase the machine in advance on the Seattle-based startup’s website starting today. The Glowforge 3D printer isn’t really a 3D printer, but a laser cutter. It’s confusingly described but actually cuts into and reduces material to make objects from plastic, leather and the like… Read More