True Ventures

News Byte

TasteMakerX Raises $1.8M for Mobile Social App Platform

Kara Swisher in Social on February 8 at 3:00 am PT

TastemakerX, a San Francisco start-up that is developing a social mobile platform focused on “targeted taste graphs,” said it had raised $1.8 million in funding from a variety of venture firms, including Guggenheim Partners, Baseline Ventures, True Ventures and Tekton Ventures, as well as angel investors. The company said it will release its TastemakerX Music mobile app as a private beta in early March 2012.

News Byte

Salesforce Pays $50M for Assistly Customer Service Platform

Liz Gannes in News on September 21, 2011 at 2:01 pm PT

Salesforce said today it has acquired the customer service platform Assistly for $50 million in cash. Assistly helps companies manage customer service through various channels like Facebook, Twitter, chat, email and phone, and is a competitor to Zendesk. That marks the third (and biggest) acquisition in one day for Assistly investor True Ventures: WeGame was bought by Tagged and VodPod assets were bought by Lockerz.

News Byte

MakerBot Raises $10 Million for 3-D Printers

Peter Kafka in News on August 23, 2011 at 2:05 pm PT

MakerBot, a start-up that makes (relatively) affordable 3-D printers, has raised a $10 million round led by Foundry Group. Other investors include RRE, True Ventures, and Amazon CEO Jeff Bezos’s personal investment group Bezos Expeditions.