Posts filtered by tags: True Ventures[x]


 

Splice gets $55 million for its software bringing beats from bedrooms to bandstands

Splice, the New York-based, AI-infused, beat-making software service for music producers created by the founder of GroupMe, has managed to sample another $55 million in financing from investors for its wildly popular service. The github for music producers ranging from Hook N Sling, Mr Hudson, SLY, and Steve Solomon to TechCrunch’s own Megan Rose Dickey, Splice gained a following for its ability to help electronic dance music creators save, share, collaborate and remix music. The company’s popul...
Tags: TC, New York, Microsoft, Tech, Artificial Intelligence, Computing, Machine Learning, Goldman Sachs, Vice President, Louisiana, Financial Services, True Ventures, Skype, Hudson, Dfj Growth, Founder


True Ventures has $840 million more to invest in nascent and breakout startups

True Ventures, the now 15-year-old firm with offices in Palo Alto, Calif., and San Francisco, is taking the wraps off two new funds this morning: it has closed its seventh early-stage fund with $465 million, and capped its fourth opportunity-type fund — used to back its own breakout portfolio companies — with $375 million. It’s a lot of committed capital for True, which was founded and continues to be led by Jon Callaghan and Phil Black. Then again, the firm is larger than it once was, with 35 p...
Tags: San Francisco, Tech, Broadway, Fitbit, True Ventures, Florence, Jon Callaghan, True, Madison Reed, Bay Area, SPAC, Jon, Greenspring Associates, Callaghan, Phil Black, Palo Alto Calif


Endel raises $5M to create personalized ‘sound environments’ that improve productivity and sleep

The pitch for Berlin-based Endel is pretty straightforward, according to its co-founder and CEO Oleg Stavitsky. “The way I usually describe Endel is: This is a technology that is built to help you focus, relax and sleep,” Stavitsky told me. “Of course, the way we do that is a little more complicated than that.” The startup is announcing today that it has raised $5 million in Series A funding led by Kevin Rose of True Ventures, with participation from SleepScore Ventures, Techstars Ventures...
Tags: Apple, Health, Fundings & Exits, Startups, TC, Mobile, Apps, Japan, Berlin, Funding, Tech, Warner Music, Kevin Rose, True Ventures, Mihaly Csikszentmihalyi, Amazon Alexa


Satellite radar startup ICEYE raises 87 million to continue to grow its operational constellation

Finnish startup ICEYE, which has been building out and operating a constellation of Synthetic-Aperture Radar (SAR) small satellites, has raised an $87 million Series C round of financing. This round of funding was led by existing investor True Ventures, and includes participation by OTB Ventures, and it brings the total funding for ICEYE to $152 million since its founding in 2014. ICEYE has already launched a total of five SAR satellites, and will be launching an addition four later this year...
Tags: Startups, TC, Science, Tech, Satellites, True Ventures, Spaceflight, Aerospace, Spacecraft, Sar, Imaging, Capella Space, ICEYE, Recent Funding, OTB Ventures, Satellite Constellation


Share Ventures, an LA-based studio for company creation, is MoviePass co-founder Hamet Watt’s next act

Nearly eight years ago, Hamet Watt and Stacy Spikes launched MoviePass, the subscription-based movie ticketing service that captured the minds and dollars of investors and brought thousands of cinephiles a too-good-to-be-true deal for all-you-can watch movie passes. Watt, who came to MoviePass as an entrepreneur in residence at True Ventures, previously founded the brand and product placement startup NextMedium and also spent time as a board partner at Upfront Ventures. Now, the serial ent...
Tags: TC, Entrepreneurship, La, Los Angeles, Tech, Bill Gross, True Ventures, Upfront Ventures, Moviepass, Watt, Pasadena Calif, Stacy Spikes, Hamet Watt, Hamet Watt and Stacy Spikes, Upfront Ventures Alpha Edison, Share Ventures


This startup lets techies fleeing Silicon Valley work on remote engineering projects for big companies, and it's already being used by Nestle, TaskRabbit and NASA

A trio of entrepreneurs is officially launching a new marketplace for technical workers called Braintrust. The new marketplace is free for freelancers and relatively inexpensive for companies; it's able to charge low fees because it will be operated as a non-profit. While running in stealth, it saw a surge in usage because of the coronavirus, after companies closed their offices and sought out remote workers. The Braintrust network will be owned and governed by its users through Ethereum-based...
Tags: Amazon, US, Trends, Nasa, Silicon Valley, Airbnb, Jackson, True Ventures, Bay Area, Nestle, Google Microsoft, Troy Wolverton, Brian Flynn, ADAM JACKSON, Facebook Companies, Homebrew Ventures


Fast-growing Madison Reed is eyeing men’s hair next; “We’re going to blow the doors off that market”

Amy Errett’s company, Madison Reed, sells in-home care color. It may not sound like a glamorous business but, as it turns out, it’s a very durable one, done the right way. Not only has the seven-year-old outfit been slowing chipping away at the dominant personal care giants like L’Oreal that have long controlled what’s currently a $30 billion market, but during one of the most dramatic economic downturns of the past century, it has been attracting new customers for whom a salon has not been an o...
Tags: Startups, TC, Washington, Atlanta, Unilever, Walgreens, Dallas, Miami, Houston, True Ventures, Denver, Madison Reed, Comcast Ventures, Maveron Ventures, Northern California, Oreal


Prominent Silicon Valley venture capitalist Om Malik is urging people to boycott Facebook: 'You might be one person with just one account, but you are not powerless'

Om Malik, the founder of the tech blog Gigaom and partner at True Ventures, is calling for Facebook's 2.5 billion users to delete their Facebook, Instagram, and WhatsApp accounts to hold the social network accountable.  "You might be one account, but if you are one among millions, you will make a difference," Malik wrote in a blog post published Tuesday, comparing the decision to voting. "Let go of the need for traffic or attention that has kept you coming back to the hell on earth that is Fac...
Tags: Facebook, Mark Zuckerberg, Instagram, Minneapolis, Trends, Silicon Valley, True Ventures, Gigaom, Om Malik, Trump, Facebook Instagram, Malik, Zuck, Facebook Facebook, Facebook While, Facebook Online


Rise Gardens raises seed funding for an indoor hydroponic gardening system

You don’t need a green thumb and a big backyard to grow baskets of fresh produce. In fact, according to Chicago-based Rise Gardens, you probably just need a bookshelf’s worth of space in your living room and an app. Rise Gardens, an indoor hydroponic gardening system, has raised $2.6 million in seed funding for home-grown produce. The financing was led by True Ventures . Rise Gardens sells a hardware and software indoor planting system. Customers receive a home garden kit and can assemble the ...
Tags: Startups, TC, Tech, Chicago, True Ventures, Agtech, Adams, Recent Funding, Rise Gardens, True Ventures Rise Gardens, Hank Adams, AeroFarms BrightFarms Bowery Farming


Former Stitch Fix COO Julie Bornstein just took the wraps off her app-only e-commerce startup, The Yes

After teasing the launch of their new startup last year, e-commerce veteran Julie Bornstein and her technical co-founder, Amit Aggarwal, are today launching The Yes, a women’s shopping platform that they’ve been quietly building for 18 months and they say will create tailor-made experiences for each user, courtesy of its sophisticated algorithms. Bornstein’s experience and vision alone attracted $30 million in funding to the venture last year from Forerunner Ventures, New Enterprise Associates a...
Tags: Startups, TC, Ecommerce, Spotify, Instagram, Tech, Pandora, Venture Capital, Prada, True Ventures, Gucci, Vince, Bornstein, Erdem, Julie Bornstein, Amit Aggarwal


Big Sky Health raises $8 million to nurture its intermittent fasting, meditation, and alcohol consumption apps

Mike Maser, a serial entrepreneur, has been focused on longevity since well before being diagnosed with stage 4 non-Hodgkins lymphoma more than five years ago. But he understandably took much greater interest in the potential role of fasting as a life-extending measure when he was convinced by friends to try it while undergoing cancer treatments. While his care team “wasn’t so excited about it,” Maser recalls now, he was relatively young at the time, he hadn’t lost a lot of weight as do some peo...
Tags: Startups, TC, Montana, World Health Organization, Kevin Rose, True Ventures, Greycroft, Trinity Ventures, Rose, Maser, Hodgkins, Mike Maser, Big Sky Health


Kevin Rose on health apps, crypto, and how founders get through this time with their sanity intact

Kevin Rose has been in the spotlight since cofounding the early social news aggregation site Digg in late 2004. A genial whiz kid turned serial entrepreneur, he has since become as well-known for launching a whole lot of slickly designed products, some of them out of his startup incubator Milk (later acquired by Google), and North, an incubator that would later lead him to a site for watch enthusiasts called Hodinkee in New York. Along the way, Rose has been investing, at times as an angel, f...
Tags: Wellness, Google, TC, New York, Oregon, San Francisco, Tech, West, Portland, Vr, Kevin Rose, Andreessen Horowitz, West Coast, Google Ventures, True Ventures, Digg


Namely, a former high flier, slashes staff as demand for its HR software dries up in the pandemic

Namely, an eight-and-a-half-year-old, New York-based company that sells payroll, talent management and other HR services to mid-size businesses across the U.S. via subscription software, has let go of upwards of 40% of its employees. The cuts are across the board, from high-ranking staffers, including a CFO who was brought on almost exactly two years ago, and a chief security officer who has spent just the last year with the company, to its entire customer success team. Namely CEO Larry Duniv...
Tags: Startups, TC, Layoffs, New York, HR, Venture Capital, Silicon Valley, Sequoia Capital, True Ventures, Namely, Matrix Partners, Steele, Bennie, Straz, Matrix Partners True Ventures, Matt Straz


CIOs are dead tired of dumb tech. Pulse has $6.5M to help them help each other

The technology that runs our companies these days is staggering in its complexity. We have moved from a monolith to a microservices world, from boxes to SaaS, and while that has added agility to the enterprise, it has come at the cost of a metric f-ton of services and software platforms required by every team in the building. CIOs need a place to commiserate — and get better recommendations on what tech works well and what should be placed in the proverbial recycle bin. Meanwhile, salespeople an...
Tags: Startups, Enterprise, Microsoft, Funding, San Francisco, Tech, Bloomberg, True Ventures, Wonder, Mehta, Ventures, Mayank Mehta, Stackshare, Allianz Group, AV8 Ventures, NewtonX


Hospital droid Diligent Robotics raises $10M to assist nurses

28% of a nurse’s time is wasted on low-skilled tasks like fetching medical tools. We need them focused on the complex and compassionate work of treating patients, especially amid the coronavirus outbreak. Diligent Robotics wants to give them a helper droid that can run errands for them around the hospital. The startup’s bot Moxi is equipped with a flexible arm, gripper hand, and full mobility so it can hunt down lightweight medical resources, navigate a clinic’s hallways, and drop them off fo...
Tags: Health, Fundings & Exits, Startups, Hardware, Funding, Tech, Artificial Intelligence, Hospital, Robots, Robotics, True Ventures, Cto, Georgia Tech, National Science Foundation, Johnson Johnson, Dallas TX


Where top VCs are investing in manufacturing and warehouse robotics

Robotics and automation tools are now foundational parts of warehouses and manufacturing facilities around the world. Unlike many other robotics and AI use cases, the technology has moved well beyond the theoretical into practice and is used by small suppliers and large companies like Amazon and Walmart. There’s no doubt that automation will transform every step of the supply chain, from manufacturing to fulfillment to shipping and logistics. The only question is how long such a revolution will ...
Tags: Amazon, Fundings & Exits, Startups, Funding, Tech, Walmart, Factories, Automation, Venture Capital, Manufacturing, Robotics, True Ventures, Factory, Bain Capital Ventures, Comcast Ventures, Hax


Where top VCs are investing in construction robotics

Venture capital has been flooding the various subverticals under the robotics umbrella in recent years, and the construction space is one of the largest beneficiaries. Last November, we surveyed 13 of the top robotics-focused VCs to find out which areas of robotics are exciting them most going into 2020. One of the most common areas of attention respondents highlighted were startups focused on construction and manufacturing. In 2019 alone, the robotics space saw roughly 600 venture-backed fundra...
Tags: Fundings & Exits, Startups, TC, Real Estate, Funding, Tech, Venture Capital, Construction, Robotics, Buildings, True Ventures, Building, Matt Murphy, Menlo Ventures, Nea, Felicis Ventures


GoDaddy continues to expand beyond websites by acquiring social content startup Over

GoDaddy has reached an agreement to acquire Over, the startup behind an app that helps businesses create the photos and videos they need for social media. Justin Tsai, GoDaddy’s vice president of growth and product, said this acquisition is about acknowledging “a world of entrepreneurs who may never have a website.” He told me, “Over’s capabilities really target those set of people, who may have an Instagram profile where they need to post visually engaging content but have never gone to G...
Tags: Fundings & Exits, Startups, Mobile, Facebook, Apps, Godaddy, True Ventures, Over, Cape Town South Africa, Tsai, Winn, Justin Tsai GoDaddy, Yelp Tsai, Websites Marketing, Matt Winn


Tray.io brings in $50M more at a $600M+ valuation for its workflow automation tools

Organizations are always looking for new ways to work more efficiently, but too often the problem is that, in a digital-first environment, they have to get in line to ask their in-house IT experts (or even more expensively, external consultants) to build those solutions for them. To underscore the demand for a better approach, today a startup that has constructed a way around that, specifically in the world of app integrations, is announcing a sizeable round of funding. Tray.io, which has built ...
Tags: Travel, TC, UK, London, San Francisco, Ibm, Dell, True Ventures, TechStars, Wellington, Mailchimp, Twilio, Marketo, Angelpad, Mills, Waldron


Brava, a smart oven maker with big names attached, just sold to an industrial equipment company

Brava had a lot of things working in its favor as startups go. It was founded in 2015 by serial executive John Pleasants, whose past stints have included as co-president of Disney Interactive Media Group, COO of Electronic Arts, and CEO of Ticketmaster. His plans to create a suite of snazzy direct-to-consumer line of smart hardware and software products, beginning with the Brava oven, also attracted tens of millions of dollars from an impressive line-up of backers, including True Ventures, TP...
Tags: Food, Startups, TC, Chicago, Iot, Robotics, Illinois, True Ventures, Lightspeed Venture Partners, Acquisition, Exit, Ticketmaster, TPG, Middleby, Middleby Corporation, Redwood City CA


WeFarm rakes in $13M to grow its marketplace and network for independent farmers

Huge networks like Facebook and LinkedIn have a huge gravitational force in the world of social media — the size of their audiences make them important platforms for advertising and those who want information (for better or worse) to reach as many people as possible. But alongside their growth, we’re seeing a lasting role for platforms and networks focused on more narrow special interests, and today one of them — focused on farmers, of all communities — is picking up a round of funding to propel...
Tags: Amazon, Food, TC, Facebook, Ecommerce, Europe, UK, London, Enterprise, Ebay, Funding, Africa, Linkedin, Tech, Biotech, True Ventures


Recount Media

This post is also live on USV.com as we announce all of our investments there with a blog post. Eighteen months ago, I had breakfast with John Heilemann and he told me that his world, political media, was challenged in the shift from linear television (ie cable news) to real-time mobile (ie Twitter). He saw an opportunity to address that by filling the void in between them with news content that was made for real-time mobile consumption but had the journalistic integrity and production values...
Tags: Mobile, Politics, Trends, USV, John, True Ventures, John Heilemann, Twitter Instagram, John John, John Battelle, Recount Media


Venture capital firm Redpoint hires a ‘head of founder experience’

As access to top deals becomes more competitive, venture capital firms are creating new roles to attract top entrepreneurs. Now, in addition to recruiting top dealmakers, firms are bringing in culture experts and allocating roles to individuals who better understand and empathize with the founder journey. In keeping with this trend, Redpoint Ventures, a venture capital firm with roots in Silicon Valley’s Sand Hill Road, has hired a partner and its first-ever “head of founder experience.” Travis ...
Tags: Startups, Entrepreneurship, Tech, Venture Capital, Silicon Valley, True Ventures, Redpoint, Redpoint Ventures, Sand Hill Road, Bryant, Personnel, Venture Capital Firms, Travis Bryant, Madeline Kolbe Saltzman


Aurora Insight lands $18 mln

Aurora Insight, a provider of intelligence into the radio frequency spectrum, has raised $18 million in funding. Alsop Louie Partners and True Ventures led the round with participation from Tippet Venture Partners, Revolution’s Rise of the Rest Seed Fund, Promus Ventures, Alumni Ventures Group, ValueStream Ventures and Intellectus Partners. Source: Press Release https://www.prnewswire.com/news-releases/aurora-insight-secures-18-million-to-map-measure-spectrum-and-enable-the-next-generation-of-wi...
Tags: Trends, True Ventures, Aurora, VC Deals, Alsop Louie Partners, Intellectus Partners Source


Aurora Insight emerges from stealth with $18M and a new take on measuring wireless spectrum

Aurora Insight, a startup that provides a “dynamic” global map of wireless connectivity that it built and monitors in real time using AI combined with data from sensors on satellites, vehicles, buildings, aircraft and other objects, is emerging from stealth today with the launch of its first publicly-available product, a platform providing insights on wireless signal and quality covering a range of wireless spectrum bands, offered as a cloud-based, data-as-a-service product. “Our objective is to...
Tags: Amazon, Startups, TC, Cloud, Apps, Space, Enterprise, Funding, Artificial Intelligence, SaaS, True Ventures, Cto, Louie, Aurora, Rohit Sharma, Alsop Louie Partners


Why venture capital firms need culture experts

When Susan Fowler’s 2017 blog post shined a light on Uber’s raucous culture, outlining rampant harassment and sexism, a debate erupted. What role do the deep-pocketed investors behind the company, those who allowed it to scale to monstrous proportions, have in developing and nurturing its culture? Entrepreneurs and venture capitalists themselves wondered aloud, how involved should a venture fund be in early-stage recruiting processes and ensuring a safe environment for employees? If a culture...
Tags: San Francisco, Tech, True Ventures, Susan Fowler, Kolbe, Madeline Kolbe


A founder who sold his first startup for $85 million explains why tons of VCs rejected his second startup idea despite his success

Steve Martocci, cofounder of the music-editing company Splice, had previously sold GroupMe to Microsoft for $85 million at just 27 years old. Still, Martocci worried he would not receive funding for Splice due to an over-saturation in the music startup space, he told Business Insider in an interview. Many VCs — even those who had made money off GroupMe — rejected him. Visit Business Insider's homepage for more stories. Steve Martocci's résumé is sure to cause entrepreneurship envy. Martocci c...
Tags: Taylor Swift, Microsoft, New York City, Trends, Colombia, Drake, True Ventures, Skype, Union Square Ventures, BOI, Bogota Colombia, Andy Weissman, Steve Martocci, Splice, Shana Lebowitz, Martocci


With $35M, Whole Biome Eyes 2020 Launch of Medical Food for Diabetes

Diabetes treatments available today include shots and pills intended to restore the hormone balance that leads to healthy blood sugar levels. Whole Biome aims to accomplish the same thing—but with a capsule that targets the gut microbiome.Whole Biome is preparing to launch its product early next year. To support those plans, the San Francisco-based startup has closed $35 million in Series B funding, led by Sequoia Capital.Whole Biome’s work builds on the growing body of research revealing the r...
Tags: Startups, San Francisco, Trends, Investing, It, Software, Inflammatory Bowel Disease, Ulcerative Colitis, Fda, Biotech, Sequoia Capital, True Ventures, Microbiome, Metformin, Khosla Ventures, Ame Cloud Ventures


Upsie nabs $5M to build a direct-to-consumer warranty service

Warranties for purchased products is a $40 billion annual market. But in in their current form, they are considered by some to be one of the bigger scams in the world of retail because they cost so much and often return too little. Now there is an alternative emerging. A startup out of Minneapolis, Minnesota, called Upsie has decided to wage war on the old warranty, with more reasonable pricing (typically 70 percent lower than what the retailer offers) and a much more modern approach to selling ...
Tags: Gadgets, Ecommerce, Minnesota, Finance, Stanford, Africa, US, San Francisco, Tech, Mit, Silicon Valley, True Ventures, Allstate, Consumer Electronics, Yc, Midwest


Weather Tech Q&A: Understory CEO on “Ground Truth,” Climate Change

As climate change brings more extreme and unpredictable weather, the stakes for improving the ability to track and forecast atmospheric conditions are rising.That has contributed to a growing interest in startups developing technologies for weather monitoring and analytics. The latest to cash in is Understory, a Madison, WI-based startup that this week said it raised $5.25 million in a Series B funding round led by True Ventures. Previous Understory investors 4490 Ventures and Revolution’s Rise...
Tags: Startups, Weather, Trends, Tech, Vc, Revolution, Wisconsin, True Ventures, Spire, National blog main, Boston blog main, San Francisco blog main, Wisconsin blog main, Wisconsin top stories, Understory, Madison WI