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Apptio Raises $45M From Janus, Hillman, Andreessen, Madrona, Others: CORRECTION

Posted on: May 15, 2013 by Mark BosletNo Comments »

Apptio said it raised a $45 million Series E round of funding led by Janus Capital, the Hillman Company and an unnamed institutional investor. The round was joined by existing investors Andreessen Horowitz, Greylock Partners, Madrona Venture Group, Shasta Ventures, and accounts managed by T. Rowe Price Associates. The new round brings the total raised to $136 million.

RelayRides Acquires Wheelz

Posted on: May 14, 2013 by asormaniNo Comments »

Car sharing marketplace RelayRides has acquired car sharing platform Wheelz. RelayRides has raised more than $13 million in venture capital funding from investors including Google Ventures, August Capital, Shasta Ventures and General Motors Ventures.

LiquidSpace Raises $1.3M From Steelcase, CBRE Group

Posted on: May 9, 2013 by Mark BosletNo Comments »

LiquidSpace said it raised $1.3 million as a follow-on to a $6 million Series B round completed earlier this year. The funding comes from two new strategic investors, Steelcase and CBRE Group, Inc. In January the company raised $6 million in a deal led by The GPT Group and joined by Shasta Ventures, Floodgate Fund and Greylock Capital. Total funding is now $12.385 million.

TrilogyGrowth Leads $11M Round for Office Products E-Tailer Poppin

Posted on: May 7, 2013 by Kirk FalconerNo Comments »

New York-based Poppin Inc., an online retailer offering innovative office products, has raised US$11.1 million in a Series B financing round led by Canadian early stage venture capital firm TrilogyGrowth. Existing investors, including Shasta Ventures, First Round Capital and company founder J. Christopher Burch, also participated in the deal. TrilogyGrowth Managing Partner Joel Silver, who formerly served as president of Indigo Books & Music, will join Poppin’s board of directors.

VoloMetrix Raises $3.3M In Shasta Led Deal

Posted on: April 24, 2013 by Mark BosletNo Comments »

VoloMetrix said it raised $3.3 million in a Series A financing led by Shasta Ventures. The company raised a seed round of $1.6 million from Shasta Ventures in April 2012. The new money will allow the company to expand the development of its Social Enterprise Intelligence applications and pursue new markets.

Matchmaking Site Exitround Launches to Help Seed-Funded Companies Get Acquired

Posted on: March 6, 2013 by Alastair Goldfisher2 Comments »

A newly launched matchmaking site hopes to help seed-funded companies find the acquirer of their dreams. Or, at the very least, Exitround hopes to give young companies a better option than just shutting down. Jacob Mullins, a senior associate at Shasta Ventures, says he launched Exitround as a marketplace for early-stage companies to explore strategic [...]

Shasta Strengthens Enterprise Practice With New EIR, Venture Advisor

Posted on: March 4, 2013 by Mark BosletNo Comments »

Shasta Ventures is strengthening its enterprise practice by bring in Jayaram Bhat as an entrepreneur in residence and Issac Roth as a venture advisor. Both have worked with the firm before. Bhat was CEO of Shasta-funded Zenprise, acquired by Citrix Systems, and Roth co-founded Makara, which Red Hat acquired.

Chegg’s Brent Tworetzky Joins Shasta Ventures as EIR

Posted on: February 20, 2013 by asormaniNo Comments »

Chegg product manager Brent Tworetzky is leaving the textbook rental company to become entrepreneur-in-residence at Shasta Ventures. Chegg was a previous investor in Shasta.

LiquidSpace Inks Series B Led by GPT

Posted on: January 16, 2013 by asormaniNo Comments »

Online marketplace LiquidSpace has secured $6 million in Series B funding led by The GPT Group. Shasta Ventures, Floodgate Fund and Greylock Capital also participated.

Crittercism Bags A Round

Posted on: June 3, 2012 by Jonathan MarinoNo Comments »

Crittercism, the mobile app performance management company, bagged a $5.5 million Series A round from investors Opus Capital, Shasta Ventures and Google Ventures. The company provides app diagnostics across a variety of platforms. PRESS RELEASE: SAN FRANCISCO, June 1, 2012 Crittercism ( www.crittercism.com ), the world’s first Mobile App Performance Management (APM) solution, today announced [...]