Health Gorilla collects $2.4 mln

Health Gorilla, a clinical network that connects doctors, vendors, and patients within a single interface, has raised $2.4 million in Series A funding. Data Collective led the round with participation from True Ventures, Harris Barton, Orfin Ventures and Venture Investment Associates.


Cloverpop nabs $1.8 mln seed

San Francisco-based Cloverpop, a provider of behavioral economics, has secured $1.8 million in seed funding. The investors were True Ventures and TDF Ventures.


Foundry Group leads $12.5 mln round for Pioneer Square Labs

Seattle-based Pioneer Square Labs, a studio that creates and launches tech startups, has secured $12.5 million in funding. Foundry Group led the round with participation from other investors that included Bezos Expeditions, Greycroft Partners, Madrona Venture Group, Maveron, Menlo Ventures, MHS Capital, True Ventures, Voyager Capital and Vulcan Capital.


Digital health startup Lumity raises $14 mln

San Mateo, Calif.-based Lumity, a provider of a healthcare and benefits analysis platform, has raised a $14 million Series A round of funding led by The Social+Capital Partnership. True Ventures and Rock Health, which previously invested an undisclosed amount of seed funding in the company, also participated in the Series A round. As part of the funding, Mamoon Hamid, general partner at s23p, has joined the board.


Datos IO nabs $15.25 mln

San Jose, California-based Datos IO, a recovery platform provider for next-generation scale-out databases, has secured $15.25 million in funding. The investors included Lightspeed Venture Partners and True Ventures. In addition to the funding, John Vrionis, a partner at Lightspeed Venture Partners and Puneet Agarwal, a partner at True Ventures, have been added to Datos IO’s board of directors.


Branson backs smart doorbell maker Ring

Santa Monica, California-based smart doorbell creator Ring has secured $28 million in Series B funding. Sir Richard Branson, Shea Ventures and American Family Insurance led the round with participation from other investors that included True Ventures and Upfront Ventures.


Hardware startup LittleBits snags $44.2 mln

New York-based hardware startup LittleBits Electronics Inc has raised $44.2 million in funding. DFJ Growth led the round with participation from other investors that included Morgan Stanley Alternative Investment Partners​, Grishin Robotics, Wamda Capital, Foundry Group​, True Ventures,​ VegasTechFund​, Two Sigma Ventures​ and Khosla Ventures​. In conjunction with the funding, Barry Schuler of DFJ Growth, has been added to the LittleBits board.


HR platform Namely snaps up $45 mln

New York City-based human resources platform Namely has secured $45 million in Series C funding. Sequoia led the round with participation from Matrix Partners, True Ventures, Lerer Hippeau Ventures and Greenspring Global Partners. Also, the company has hired Debra Squyres as vice president of client services.


Data Collective leads Series A round for Zymergen

Emeryville, California-based chemicals maker Zymergen has raised $44 million in Series A funding. Data Collective led the round with participation from AME Cloud Ventures, Draper Fisher Jurvetson, HVF, Innovation Endeavors, Obvious Ventures, True Ventures and Two Sigma Ventures.


True Ventures leads funding of Connectifier

Costa Mesa, Calif.-based Connectifier announced it has raised a $6 million Series A round of funding led by True Ventures. Galeo Ventures, Okapi Ventures and individual investors Sean Ellis, Andrew Chen, Jonathan Downey and James Hong also participated in the round. The company, founded in 2012 by a team of former Google engineers, develops recruiting software for use by in-house and contract recruiters to find job candidates.


True Ventures to raise $175 mln select fund

True Ventures says it plans to raise a $175 million select fund, according to an SEC filing. The fund – True Ventures Select 1 – would be the firm’s first select fund, No first close has taken place, the document states. True portfolio company Fitbit last week unveiled its plans to conduct an IPO.

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