Iceye raises $2.8 mln

By Luisa Beltran — 3 months ago

Iceye said Thursday it raised $2.8 million in Series A funding led by True Ventures. Lifeline Ventures and Founder.org also participated. Iceye, of Helsinki, Finland, provides a satellite-based information service, that aims to offer access to near-real-time imagery from space. ICEYE, in September, also secured € 2.5 million in R&D funding from SME Instrument.

Continue

Hatch Baby raises $7 mln

By Luisa Beltran — 4 months ago

Hatch Baby said Thursday it raised $7 million in Series A funding round led by True Ventures. Hatch Baby, a smart parent tech company, has developed the Smart Changing Pad which features a wireless scale and monitoring technology to track a baby’s growth.

Continue

Foundry Group leads $12.5 mln round for Pioneer Square Labs

By Iris Dorbian — 4 months ago

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.

Continue

Digital health startup Lumity raises $14 mln

By Alastair Goldfisher — 5 months ago

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.

Continue

Datos IO nabs $15.25 mln

By Iris Dorbian — 5 months ago

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.

Continue

Branson backs smart doorbell maker Ring

By Iris Dorbian — 6 months ago

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.

Continue

Hardware startup LittleBits snags $44.2 mln

By Iris Dorbian — 8 months ago

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.

Continue

HR platform Namely snaps up $45 mln

By Iris Dorbian — 8 months ago

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.

Continue

Data Collective leads Series A round for Zymergen

By Iris Dorbian — 8 months ago

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.

Continue

True Ventures leads funding of Connectifier

By Alastair Goldfisher — 8 months ago

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.

Continue