212 Views

True Ventures leads $4.9 mln Series A for Veniam

Veniam said Tuesday that it raised $4.9 million in Series A funding led by True Ventures, with participation from Union Square Ventures, Cane Investments and private investors. Mountain View, Calif.-based Veniam provides technology to turn vehicles into WiFi hotspots.

228 Views

Cloud security startup Evident.io raises $9.85 mln

Dublin, Calif.-based Evident.io, which provides security technology for Amazon Web Services, announced today that has raised $9.85 million in Series A funding led by Bain Capital Ventures. True Ventures also participated in the round. The company previously raised $1.5 million in seed-stage funding from True Ventures.

126 Views

New York startup Namely picks up $12 mln Series B

New York-based Namely, a human resources and payroll platform, has secured $12 million in Series B funding, a company spokesperson for the firm confirmed. Matrix Partners led the round with participation from True Ventures, Lerer Ventures and Bullpen Capital. In conjunction with the funding, David Skok, a general partner at Matrix, has been added to Namely’s board.

132 Views

Urban Airship pulls in $12.1 mln

Urban Airship has raised $12.1 million in Series D funding. The investors included True Ventures, Foundry Group and August Capital. Urban Airship is a provider of mobile relationship management solutions.

131 Views

Flint Mobile bags $9.4 mln in Verizon Ventures-led round

Flint Mobile has raised $9.4 million in Series C funding. Verizon Ventures, the investing arm of mobile and broadband provider Verizon Communications, led the round with participation from Digicel, Storm Ventures, True Ventures and Peninsula Ventures. Based in Redwood City, Calif., Flint Mobile is a mobile payment service for small businesses.

172 Views

Loggly nets $15 mln in round led by Harmony Partners

Loggly has closed $15 million in Series C financing. Harmony Partners led the with participation from return backers Matrix Partners, Trinity Ventures, Cisco, Data Collective and True Ventures. Based in San Francisco, Loggly is a provider of log management solutions.

136 Views

Benchmark leads Series B round for Duo Security

Duo Security said Monday that it has received $12 million in Series B funding. Benchmark led the round with participation from other investors that included Google Ventures, True Ventures and Radar Partners. Based in Ann Arbor, Michigan, Duo Security is a provider of cloud-based two-factor authentication solutions.

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Narrative scoops up $8 mln

Narrative has secured $8 million in funding, the company confirmed in a blog post on its site. Khosla Ventures led the round with participation from return backers True Ventures and Passion Capital. In addition to the funding, Keith Rabois, a partner at Khosla Ventures, has been added to Narrative’s board. Headquartered in San Francisco with offices in Sweden, Narrative is a wearable camera. To read more details about the funding, visit here.

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Stitch Labs sews up $3.5 mln

Stitch Labs said Wednesday that it has received $3.5 million in funding from return backers True Ventures and Costanoa Ventures. Based in San Francisco, Stitch Labs is an inventory and multichannel selling platform for retailers and wholesalers.

177 Views

Health Gorilla nets $1.2 mln

Health Gorilla said Wednesday that it has raised $1.2 million in funding. True Ventures led the round. Based in Sunnyvale, Calif., Health Gorilla is an online healthcare marketplace that connects doctors and clinicians with diagnostic labs and radiology centers.

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Susquehanna Growth Equity leads $7 mln Series B funding in B-Stock Solutions

Susquehanna Growth Equity has led a $7 million Series B growth funding round in B-Stock Solutions, which provides inventory liquidation sales management services to merchants and manufacturers. Existing investor, True Ventures, participated in the funding round. Amir Goldman of Susquehanna Growth Equity will join the company’s board of directors.

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Music app Crossfader racks up VC funding

Music app Crossfader has received an undisclosed amount of funding. The investors included Tapinator, Google Ventures, Kleiner Perkins Caufield & Byers, Index Ventures, and True Ventures.

Neon Labs nabs $4.1 mln Series A

Neon Labs has raised $4.1 million in Series A funding. Mohr Davidow Ventures led the round with participation from return backers True Ventures and Steve Blank. Based in San Francisco, Neon Labs is an image selection platform for monetizing digital content.

154 Views

Streetline nabs $10 mln

Streetline, a smart parking company headquartered in Foster City, Calif., said Tuesday that it has raised $10 million in funding. The firm’s backers include Citi, Fontinalis Partners, RockPort Capital Partners, Sutter Hill Ventures, True Ventures and Qualcomm Ventures. In conjunction with the funding, Streetline has appointed Abe Yokell to its board of directors.

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