True Ventures

Forge Has Raised $4.5 Million in Seed Funds for Video Games Connectivity

Forge Inc. received a total of $4.5 million in seed fund rounded by Resolute Ventures, True Ventures and WME Ventures. The venture capitalist funded the platform for PC gamers to have no difficulty in sharing short video clips of their favorite games. The Forge app is free to download and is only available on PC.

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Understory bags $1.9M in seed round for ground-level weather detection in the US

Madison, US-based weather forecasting and analytics startup Understory bagged $1.9 million in a seed funding round led by True Ventures to build software and a forecasting model that will be able to generate weather data through ground-level observation.

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California-based API debugging tool provider Runscope nabs $6M in Series A round

San Francisco, US-based application programming interfaces (APIs) debugging and testing tool provider Runscope nabbed $6 million in its first funding round led by General Catalyst Partners to start selling its products.

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Smarterer gets additional $1.6M in round led by Rethink Education

Smarterer, a startup based in Boston that provides jobseekers with a way to measure their skills in different subjects through online tests, has landed an additional capital of $1.6 million in a round led by Rethink Education, TechCrunch reported.

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Spree Commerce grabs $5M in Series A round led by Thrive Capital

Spree Commerce, a maker of open source software that enables online retailers to build their own online storefronts, grabbed $5 million in its Series B round, VentureBeat reported.

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PayNearMe secures $20M to allow cash lovers to make online transactions

PayNearMe, a company based in Sunnyvale, California that allows cash lovers to pay for their online transactions in cash, has raised $20 million for its fifth financing round, VentureBeat reported.

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Blue Bottle Coffee raises $25.7M

Blue Bottle Coffee was able to raise a $25.7 million investment in a financing round led by Morgan Stanley Investment Management, a source told TechCrunch.

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Socrative receives up to US$750,000 in its seed funding round

CEO of Socrative reveals that his company had collected US$750,000 in a seed funding round from investors including True Ventures, NewSchools Venture Fund, Eileen Rudden and Jean Hammond.

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Russian mogul bids to rule Swiss steelmaker

Viktor Vekselberg continues expanding by initiating a bid to buy Schmolz+Bickenbach.

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TerraEchos, Inc. Closes Additional Seed Investment from True Ventures

TerraEchos Inc. has closed on additional seed financing from True Ventures, an early-stage venture capital firm.

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