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Mobile rewards network Kiip has secured financing from Japanese Internet business Digital Garage. The strategic investor joins the company’s most recent $11 million round of Series B funding. The company is backed by Relay Ventures, Hummer Winblad, True Ventures, Verizon Ventures, Crosslink Capital and others.
AOptix, a Campbell, Calif.-based company that makes optical communications and iris biometrics-based software for the government and commercial markets, has closed a $42 million Series E round of funding by existing investors Clearstone Venture Partners, DAG Ventures, Kleiner Perkins Caufield & Byers, Northgate Capital and W Capital Partners, along with new investor, True Ventures. The 12-year-old [...]
Online comedy community 9GAG has received $2.8 million in seed funding led by early stage investment firms Freestyle Capital and True Ventures. First Round Capital, Greycroft Partners and returning investor 500 Startups also participated in the round. PRESS RELEASE 9GAG, the world’s largest and fastest growing online comedy community, today announced a new mobile app [...]
LittleBits said it raised a $3.65 million Series A round that was led by True Ventures and joined by Khosla Ventures, O’Reilly AlphaTech Ventures and Lerer Ventures. The company also said it struck a partnership deal with supply chain management company PCH International. PRESS RELEASE littleBits Closes Series A and Partners with PCH International To [...]
True Ventures said Wednesday it closed a third fund at $205 million. True Ventures III had a $200 million target, according to a filing with the Securities and Exchange Commission. The firm’s second fund was a $195 million early stage fund with a vintage of 2008, according to data from Thomson Reuters, publisher of this [...]
Smarterer, an online site which tests and scores people on their skills, raised a $1.75 million Series A round, CEO Jennifer Fremont-Smith announced on the company blog today. The Boston-based company raised the round from True Ventures (which led the funding), Google Ventures and a dozen angel investors, including Shikhar Ghosh, Russ Fradin, Mark Gerson [...]
Storage giant EMC has purchased cloud storage provider Syncplicity, providing a “win” for True Ventures, says Phil Black, who led led the investment for True.
The endowment committed $337.5 million to 11 funds in 2010 and 2011, according to its November portfolio report. Nine focus on technology or allocate some portion of their funds to tech. Two zero in on health care.
Metamarkets, the big data analytics firm, just completed a $15 million fundraising led by new investor Khosla Ventures. Existing investors, including IA Ventures and True Ventures, also participated in the round. Vinod Khosla will join the company as an advisor. The second round of funding for Metamarkets brings its total funding to $23 million. PRESS [...]