True Ventures is a venture capital firm founded in 2005 and based in Palo Alto, California, with an additional office in San Francisco. It specializes in investing in early-stage technology startups, focusing on sectors such as commerce, consumer products, health, and infrastructure technologies, including areas like e-commerce, mobile, and cloud computing. The firm typically provides seed and Series A financing, preferring to invest between $0.25 million and $3 million for a stake of 22 to 25 percent in the companies it supports. True Ventures is dedicated to empowering entrepreneurs, fostering creativity, and promoting professional growth through its True Platform, which offers various programs for founders. With a team of over 40 professionals, True Ventures has helped launch and scale more than 350 companies, contributing to the creation of over 85,000 jobs worldwide. The firm has received recognition, including being named Venture Firm of the Year by the National Venture Capital Association in 2018.
Moderne is a developer of a code refactoring platform that focuses on automating the maintenance and improvement of software code. With the increasing complexity and volume of code, including the prevalence of third-party components, Moderne's platform addresses challenges in software maintenance by automating updates and repairs. It helps clients manage codebases of hundreds of millions of lines, enabling them to swiftly implement fixes for security defects, upgrade existing code, and enhance overall code quality. By improving visibility into the source code running in production environments, Moderne assists organizations in eliminating vulnerable patterns and ensuring their applications remain secure and efficient.
Vectorize
Seed Round in 2024
Vectorize helps developers and companies build AI apps faster and with less hassle. It automates data extraction, finds the best vectorization strategy using RAG evaluation, and lets users deploy real-time RAG pipelines for their unstructured data. Vector search indexes stay up-to-date, and Vectorize integrates with existing vector database, so users maintain full control of their data. Vectorize handles the heavy lifting, freeing developers to focus on building robust AI solutions without getting bogged down by data management.
Moderne
Series A in 2023
Moderne is a developer of a code refactoring platform that focuses on automating the maintenance and improvement of software code. With the increasing complexity and volume of code, including the prevalence of third-party components, Moderne's platform addresses challenges in software maintenance by automating updates and repairs. It helps clients manage codebases of hundreds of millions of lines, enabling them to swiftly implement fixes for security defects, upgrade existing code, and enhance overall code quality. By improving visibility into the source code running in production environments, Moderne assists organizations in eliminating vulnerable patterns and ensuring their applications remain secure and efficient.
ApeWorx
Venture Round in 2023
ApeWorX is a software development company specializing in tools for smart contract development, particularly within the realm of decentralized blockchain platforms. The company's offerings include resources for testing, security analysis, data science, and machine learning, aimed at facilitating the management of complex finance projects. By fostering an open-source community of contributors, ApeWorX enables developers, data scientists, and security professionals to collaborate effectively and enhance the capabilities of their projects.
Pipedream
Series A in 2022
Pipedream is an online integration platform founded in 2018 in San Francisco by Jason Endo, Dan Hsiung, TJ Koblentz, and Tod Sacerdoti. The platform allows users to build workflows by selecting triggers such as HTTP requests, schedules, and app events, and adding customizable steps. Pipedream simplifies the development process by providing code samples for various integrated applications, which can be tailored using API documentation. This enables developers to create workflows efficiently, as the platform generates production-ready code quickly while managing state, authentication, observability, and error handling. By eliminating the need for users to manage servers or cloud resources, Pipedream streamlines the integration of APIs and enhances workflow execution.
Reforge
Series B in 2022
Reforge is a company dedicated to professional development, offering membership services that provide access to a range of educational programs in product management, growth, engineering, and marketing. The company aims to bridge the gap between professionals' needs and the available options for learning. Unlike traditional educational paths that emphasize certifications, Reforge focuses on delivering results and deep insights, fostering continuous learning from industry experts. This approach enables experienced professionals to enhance their skills and fulfill their potential in their respective careers.
Reforge
Series B in 2022
Reforge is a company dedicated to professional development, offering membership services that provide access to a range of educational programs in product management, growth, engineering, and marketing. The company aims to bridge the gap between professionals' needs and the available options for learning. Unlike traditional educational paths that emphasize certifications, Reforge focuses on delivering results and deep insights, fostering continuous learning from industry experts. This approach enables experienced professionals to enhance their skills and fulfill their potential in their respective careers.
Solo.io
Series C in 2021
Solo.io, Inc. is a software company founded in 2017 and headquartered in Cambridge, Massachusetts, specializing in open source and enterprise solutions for cloud-native technologies. The company offers a range of products designed to connect, secure, and manage application services, including the Gloo platform, which serves as a cloud-native API gateway and ingress controller. Additionally, Solo.io provides Mesh Hub for unified service mesh management, Squash for debugging microservices, and Unik for building unikernels. Its offerings support the migration of traditional applications to modern architectures, accommodating both established enterprises and emerging cloud-native businesses. Solo.io's solutions leverage various open source technologies, including Istio, Envoy, and WebAssembly, positioning the company as a leader in the application networking space.
Moderne
Seed Round in 2021
Moderne is a developer of a code refactoring platform that focuses on automating the maintenance and improvement of software code. With the increasing complexity and volume of code, including the prevalence of third-party components, Moderne's platform addresses challenges in software maintenance by automating updates and repairs. It helps clients manage codebases of hundreds of millions of lines, enabling them to swiftly implement fixes for security defects, upgrade existing code, and enhance overall code quality. By improving visibility into the source code running in production environments, Moderne assists organizations in eliminating vulnerable patterns and ensuring their applications remain secure and efficient.
Solo.io
Series A in 2018
Solo.io, Inc. is a software company founded in 2017 and headquartered in Cambridge, Massachusetts, specializing in open source and enterprise solutions for cloud-native technologies. The company offers a range of products designed to connect, secure, and manage application services, including the Gloo platform, which serves as a cloud-native API gateway and ingress controller. Additionally, Solo.io provides Mesh Hub for unified service mesh management, Squash for debugging microservices, and Unik for building unikernels. Its offerings support the migration of traditional applications to modern architectures, accommodating both established enterprises and emerging cloud-native businesses. Solo.io's solutions leverage various open source technologies, including Istio, Envoy, and WebAssembly, positioning the company as a leader in the application networking space.
Solo.io
Series A in 2018
Solo.io, Inc. is a software company founded in 2017 and headquartered in Cambridge, Massachusetts, specializing in open source and enterprise solutions for cloud-native technologies. The company offers a range of products designed to connect, secure, and manage application services, including the Gloo platform, which serves as a cloud-native API gateway and ingress controller. Additionally, Solo.io provides Mesh Hub for unified service mesh management, Squash for debugging microservices, and Unik for building unikernels. Its offerings support the migration of traditional applications to modern architectures, accommodating both established enterprises and emerging cloud-native businesses. Solo.io's solutions leverage various open source technologies, including Istio, Envoy, and WebAssembly, positioning the company as a leader in the application networking space.
npm
Series A in 2018
npm is the package manager for the JavaScript programming language. Developers use it to install, manage, and publish shared pieces of JavaScript code for both front-end and back-end applications. npm supports the JavaScript community by providing the registry where developers publish and share packaged open-source modules, and offers paid products that allow for the storage of private packages. The company was incorporated in 2013 and is based in Oakland, California.
Gradle Enterprise
Series B in 2018
Gradle Inc. is a company that specializes in enhancing developer productivity through its innovative software solutions, notably Develocity, which was formerly known as Gradle Enterprise. The firm is also the creator of the widely used open-source Gradle Build Tool, which sees over 30 million downloads each month. Gradle is at the forefront of Developer Productivity Engineering (DPE), a practice adopted by prominent organizations such as Airbnb, LinkedIn, Microsoft, Nasdaq, and Netflix. These elite teams utilize Develocity’s advanced technologies and analytics to accelerate build and test performance, thereby improving the reliability of their developer toolchains and streamlining the troubleshooting of failures. By automating and unifying the build processes, Gradle enables enterprises to effectively build, deliver, and maintain complex applications, thereby enhancing their capability to ship software efficiently and cost-effectively.
Gradle Enterprise
Series A in 2016
Gradle Inc. is a company that specializes in enhancing developer productivity through its innovative software solutions, notably Develocity, which was formerly known as Gradle Enterprise. The firm is also the creator of the widely used open-source Gradle Build Tool, which sees over 30 million downloads each month. Gradle is at the forefront of Developer Productivity Engineering (DPE), a practice adopted by prominent organizations such as Airbnb, LinkedIn, Microsoft, Nasdaq, and Netflix. These elite teams utilize Develocity’s advanced technologies and analytics to accelerate build and test performance, thereby improving the reliability of their developer toolchains and streamlining the troubleshooting of failures. By automating and unifying the build processes, Gradle enables enterprises to effectively build, deliver, and maintain complex applications, thereby enhancing their capability to ship software efficiently and cost-effectively.
Projector
Seed Round in 2016
Projector, founded in 2015 and based in San Francisco, California, develops a mobile notification platform designed for developers and product teams. The company focuses on enhancing product experiences beyond traditional app boundaries by offering a set of collaborative tools aimed at visual communication. These tools include capabilities for creating videos, GIFs, social media content, and presentations, allowing teams to engage audiences more effectively. Projector's browser-based platform enables real-time collaboration, equipping creative professionals with the necessary resources to deliver compelling visual storytelling and improve communication within their projects.
Gradle Enterprise
Seed Round in 2015
Gradle Inc. is a company that specializes in enhancing developer productivity through its innovative software solutions, notably Develocity, which was formerly known as Gradle Enterprise. The firm is also the creator of the widely used open-source Gradle Build Tool, which sees over 30 million downloads each month. Gradle is at the forefront of Developer Productivity Engineering (DPE), a practice adopted by prominent organizations such as Airbnb, LinkedIn, Microsoft, Nasdaq, and Netflix. These elite teams utilize Develocity’s advanced technologies and analytics to accelerate build and test performance, thereby improving the reliability of their developer toolchains and streamlining the troubleshooting of failures. By automating and unifying the build processes, Gradle enables enterprises to effectively build, deliver, and maintain complex applications, thereby enhancing their capability to ship software efficiently and cost-effectively.
npm
Series A in 2015
npm is the package manager for the JavaScript programming language. Developers use it to install, manage, and publish shared pieces of JavaScript code for both front-end and back-end applications. npm supports the JavaScript community by providing the registry where developers publish and share packaged open-source modules, and offers paid products that allow for the storage of private packages. The company was incorporated in 2013 and is based in Oakland, California.
Operable
Seed Round in 2015
Operable is a developer and provider of an online collaborative platform designed to assist engineers in managing incidents effectively. The company's software as a service (SaaS) product facilitates quick responses to incidents, promotes collaboration among team members, and enhances learning from past events. By streamlining DevOps workflows, Operable enables engineering teams to resolve issues more efficiently, ultimately improving operational performance and productivity.
npm
Seed Round in 2014
npm is the package manager for the JavaScript programming language. Developers use it to install, manage, and publish shared pieces of JavaScript code for both front-end and back-end applications. npm supports the JavaScript community by providing the registry where developers publish and share packaged open-source modules, and offers paid products that allow for the storage of private packages. The company was incorporated in 2013 and is based in Oakland, California.
Runscope
Seed Round in 2013
Runscope Inc. is a company focused on enhancing the application development lifecycle through its suite of API monitoring and testing tools. Established in 2013 and headquartered in San Francisco, California, Runscope offers solutions for developers to monitor and manage APIs used in mobile and web applications. Its platform enables businesses to monitor API traffic, debug issues, and conduct automated integration testing, thereby allowing organizations to anticipate potential API failures and ensure their APIs are operational, efficient, and accurate. As of September 2017, Runscope operates as a subsidiary of CA, Inc.
Neighborland
Seed Round in 2012
Neighborland, Inc. is a public engagement platform that facilitates collaboration between local residents, government agencies, developers, and civic organizations. Established in 2011 and headquartered in New Orleans, Louisiana, the company allows neighborhood residents to share ideas, support one another, and connect based on shared interests. The platform enables planners and stakeholders to engage in a participatory and equitable manner, providing tools for hosting projects, publishing updates, conducting surveys, and gathering insights from various sources. With over 3 million participants, Neighborland has demonstrated significant social and economic impact through its partnerships, achieving more effective community engagement than traditional outreach methods. As of April 2020, Neighborland operates as a subsidiary of Nextdoor, Inc.
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