True Ventures

True Ventures is a venture capital firm based in Palo Alto, California, founded in 2005. The firm specializes in early-stage technology investments, focusing on seed and Series A funding for startups across various sectors, including consumer internet, software, hardware, health, and emerging technologies. True Ventures manages over $2.8 billion in capital and has supported more than 300 companies, contributing to the creation of over 25,000 jobs globally. The firm's investment strategy typically involves contributions ranging from $0.25 million to $3 million, aiming for ownership stakes between 20 and 25 percent. True Ventures is recognized for its commitment to fostering entrepreneurship and providing a supportive environment for founders, emphasizing personal and professional growth through its True Platform. The firm has achieved notable exits, including investments in companies that have been acquired by major corporations or gone public.

Dave Balter

Venture Partner

Phil Black

Co-Founder

Jon Callaghan

Managing Partner

Caroline Ciaramitaro

Associate

Gus Coldebella

Partner

Tony Conrad

Partner

Ann Crady Weiss

Venture Partner

Sahiti Enjeti

Analyst

Amy Errett

Partner

Ulrike Kellmereit

CFO

Om Malik

Partner

Fiona McCarthy

Principal

Michael Montano

Venture Partner

John O'Connell

Senior Associate

Natasha Sharma

Principal

Rohit Sharma

Partner

Jim Stewart

COO

James Stewart

COO and Partner

Priscilla Tyler

Vice President

Ann Weiss

Partner

Ariel Winton

Principal

Past deals in Networking

Handshake

Series F in 2022
Handshake is a college career network established in 2014, aimed at transforming the recruiting experience for students, career centers, and employers. It connects 17 million students and young alumni from over 1,000 colleges and universities—including many minority-serving institutions—with nearly 500,000 employers, ranging from Fortune 500 companies to small businesses and nonprofits. The platform democratizes access to job opportunities, providing students with valuable insights and a wider array of career options, while enabling employers to efficiently access diverse talent. Additionally, it offers colleges tools to enhance student engagement and boost employment outcomes. Headquartered in San Francisco, with offices in Denver and London, Handshake has raised a total of $155 million from various investors, including prominent venture capital and social impact firms.

Ditto

Seed Round in 2021
Developer of a software development kit and application designed to help apps sync with or without connectivity. The company's software development kit directly communicates with other devices, without the need for a server and automatically manages the complexity of using multiple network means of transport, like Bluetooth and wifi, to find and connect to other devices and then synchronize any changes, enabling developers to build applications that sync with each other with and even without internet connectivity.

Handshake

Series E in 2021
Handshake is a college career network established in 2014, aimed at transforming the recruiting experience for students, career centers, and employers. It connects 17 million students and young alumni from over 1,000 colleges and universities—including many minority-serving institutions—with nearly 500,000 employers, ranging from Fortune 500 companies to small businesses and nonprofits. The platform democratizes access to job opportunities, providing students with valuable insights and a wider array of career options, while enabling employers to efficiently access diverse talent. Additionally, it offers colleges tools to enhance student engagement and boost employment outcomes. Headquartered in San Francisco, with offices in Denver and London, Handshake has raised a total of $155 million from various investors, including prominent venture capital and social impact firms.

Handshake

Series D in 2020
Handshake is a college career network established in 2014, aimed at transforming the recruiting experience for students, career centers, and employers. It connects 17 million students and young alumni from over 1,000 colleges and universities—including many minority-serving institutions—with nearly 500,000 employers, ranging from Fortune 500 companies to small businesses and nonprofits. The platform democratizes access to job opportunities, providing students with valuable insights and a wider array of career options, while enabling employers to efficiently access diverse talent. Additionally, it offers colleges tools to enhance student engagement and boost employment outcomes. Headquartered in San Francisco, with offices in Denver and London, Handshake has raised a total of $155 million from various investors, including prominent venture capital and social impact firms.

Synadia

Venture Round in 2020
Synadia Communications Inc. is a technology company based in Los Angeles, California, founded in 2017. It specializes in developing a global utility platform designed to connect various digital systems, services, and devices. The company's primary product is NATS.io, an open-source messaging system tailored for cloud-native applications, Internet of Things (IoT) messaging, and microservices architectures. As the leader in the development of NATS.io, which is recognized as a Cloud Native Computing Foundation (CNCF) project, Synadia also offers a secure and globally available communications platform known as NGS. In addition to its core offerings, the company provides commercial support, consulting services, non-recurring engineering (NRE), and training to its clients.

npm

Series A in 2018
npm, Inc. is a package manager specifically designed for the JavaScript programming language, facilitating the installation, management, and publication of shared JavaScript code for both front-end and back-end applications. Established in 2013 and headquartered in Oakland, California, npm provides a registry that supports the JavaScript community by allowing developers to publish and share open-source modules. In addition to its core services, npm offers paid products for the storage of private packages, enabling developers to manage confidential code securely. The platform serves as a crucial resource for discovering, sharing, and reusing code, thereby enhancing collaboration and efficiency within the developer community.

Handshake

Series C in 2018
Handshake is a college career network established in 2014, aimed at transforming the recruiting experience for students, career centers, and employers. It connects 17 million students and young alumni from over 1,000 colleges and universities—including many minority-serving institutions—with nearly 500,000 employers, ranging from Fortune 500 companies to small businesses and nonprofits. The platform democratizes access to job opportunities, providing students with valuable insights and a wider array of career options, while enabling employers to efficiently access diverse talent. Additionally, it offers colleges tools to enhance student engagement and boost employment outcomes. Headquartered in San Francisco, with offices in Denver and London, Handshake has raised a total of $155 million from various investors, including prominent venture capital and social impact firms.

Synadia

Seed Round in 2018
Synadia Communications Inc. is a technology company based in Los Angeles, California, founded in 2017. It specializes in developing a global utility platform designed to connect various digital systems, services, and devices. The company's primary product is NATS.io, an open-source messaging system tailored for cloud-native applications, Internet of Things (IoT) messaging, and microservices architectures. As the leader in the development of NATS.io, which is recognized as a Cloud Native Computing Foundation (CNCF) project, Synadia also offers a secure and globally available communications platform known as NGS. In addition to its core offerings, the company provides commercial support, consulting services, non-recurring engineering (NRE), and training to its clients.

Intentionet

Venture Round in 2017
Intentionet is a developer of management software that specializes in analyzing network configurations to identify and rectify errors. The company's software automates the testing of changes within both on-premises and cloud-based networks, proactively addressing potential issues that could lead to outages or security breaches. By providing clients with enhanced visibility into their network's security posture and connectivity, Intentionet facilitates rapid deployment and ongoing maintenance of network systems without the risk of service interruptions or compliance violations.

Handshake

Series B in 2016
Handshake is a college career network established in 2014, aimed at transforming the recruiting experience for students, career centers, and employers. It connects 17 million students and young alumni from over 1,000 colleges and universities—including many minority-serving institutions—with nearly 500,000 employers, ranging from Fortune 500 companies to small businesses and nonprofits. The platform democratizes access to job opportunities, providing students with valuable insights and a wider array of career options, while enabling employers to efficiently access diverse talent. Additionally, it offers colleges tools to enhance student engagement and boost employment outcomes. Headquartered in San Francisco, with offices in Denver and London, Handshake has raised a total of $155 million from various investors, including prominent venture capital and social impact firms.

Veniam

Series B in 2016
Veniam specializes in transforming vehicles into Wi-Fi hotspots, creating vehicular networks that enhance wireless coverage in urban areas. Founded in 2012 and headquartered in Mountain View, California, the company develops vehicular mesh networks that facilitate the secure management of data flows within an evolving mobility ecosystem. Veniam's solutions combine hardware, software, and cloud components to deliver services to intelligent transportation systems in cities like New York and Singapore, as well as in Porto, Portugal, where it operates the world’s largest connected vehicle network, including taxis, waste collection trucks, and public buses, providing free Wi-Fi to over 500,000 users. By leveraging these networks, Veniam aims to improve urban mobility and enhance the overall quality of life in cities.

Handshake

Series A in 2016
Handshake is a college career network established in 2014, aimed at transforming the recruiting experience for students, career centers, and employers. It connects 17 million students and young alumni from over 1,000 colleges and universities—including many minority-serving institutions—with nearly 500,000 employers, ranging from Fortune 500 companies to small businesses and nonprofits. The platform democratizes access to job opportunities, providing students with valuable insights and a wider array of career options, while enabling employers to efficiently access diverse talent. Additionally, it offers colleges tools to enhance student engagement and boost employment outcomes. Headquartered in San Francisco, with offices in Denver and London, Handshake has raised a total of $155 million from various investors, including prominent venture capital and social impact firms.

npm

Series A in 2015
npm, Inc. is a package manager specifically designed for the JavaScript programming language, facilitating the installation, management, and publication of shared JavaScript code for both front-end and back-end applications. Established in 2013 and headquartered in Oakland, California, npm provides a registry that supports the JavaScript community by allowing developers to publish and share open-source modules. In addition to its core services, npm offers paid products for the storage of private packages, enabling developers to manage confidential code securely. The platform serves as a crucial resource for discovering, sharing, and reusing code, thereby enhancing collaboration and efficiency within the developer community.

Handshake

Seed Round in 2015
Handshake is a college career network established in 2014, aimed at transforming the recruiting experience for students, career centers, and employers. It connects 17 million students and young alumni from over 1,000 colleges and universities—including many minority-serving institutions—with nearly 500,000 employers, ranging from Fortune 500 companies to small businesses and nonprofits. The platform democratizes access to job opportunities, providing students with valuable insights and a wider array of career options, while enabling employers to efficiently access diverse talent. Additionally, it offers colleges tools to enhance student engagement and boost employment outcomes. Headquartered in San Francisco, with offices in Denver and London, Handshake has raised a total of $155 million from various investors, including prominent venture capital and social impact firms.

Veniam

Series A in 2014
Veniam specializes in transforming vehicles into Wi-Fi hotspots, creating vehicular networks that enhance wireless coverage in urban areas. Founded in 2012 and headquartered in Mountain View, California, the company develops vehicular mesh networks that facilitate the secure management of data flows within an evolving mobility ecosystem. Veniam's solutions combine hardware, software, and cloud components to deliver services to intelligent transportation systems in cities like New York and Singapore, as well as in Porto, Portugal, where it operates the world’s largest connected vehicle network, including taxis, waste collection trucks, and public buses, providing free Wi-Fi to over 500,000 users. By leveraging these networks, Veniam aims to improve urban mobility and enhance the overall quality of life in cities.

EdgeConneX

Venture Round in 2014
Edge Services provide Space, Power & Connectivity to deliver digital content like never before. With EdgeConneX, data delivery is optimized by placing Edge Data Centers®, Edge Small Cells and Edge PoPs® at the most critical locations—as close as possible to the end user’s point of access. By using our services, digital content is delivered with higher performance and lower latency to any device, anywhere.

EdgeConneX

Venture Round in 2014
Edge Services provide Space, Power & Connectivity to deliver digital content like never before. With EdgeConneX, data delivery is optimized by placing Edge Data Centers®, Edge Small Cells and Edge PoPs® at the most critical locations—as close as possible to the end user’s point of access. By using our services, digital content is delivered with higher performance and lower latency to any device, anywhere.

npm

Seed Round in 2014
npm, Inc. is a package manager specifically designed for the JavaScript programming language, facilitating the installation, management, and publication of shared JavaScript code for both front-end and back-end applications. Established in 2013 and headquartered in Oakland, California, npm provides a registry that supports the JavaScript community by allowing developers to publish and share open-source modules. In addition to its core services, npm offers paid products for the storage of private packages, enabling developers to manage confidential code securely. The platform serves as a crucial resource for discovering, sharing, and reusing code, thereby enhancing collaboration and efficiency within the developer community.

Airstone

Venture Round in 2013
Airstone is focused on providing specialized Infrastructure as a Service (IaaS) solutions tailored for Big Data customers. The company has developed a proprietary networking fabric named Ultramarine, which offers significant advantages in price performance compared to existing data center networking fabrics. Ultramarine is distinguished by its low latency and high bandwidth per node, making it a compelling choice for high-performance computing applications.

Spectrum Bridge

Series B in 2011
Spectrum Bridge is a privately held, telecommunication software company focused on making bandwidth more readily available to enterprises and consumers. The company's core business is providing greater availability and access to wireless bandwidth and the efficient allocation of spectrum within a wireless network. The company creates intellectual property (IP) and software applications, operates a spectrum exchange, and provides complete spectrum allocation solutions. Its patented technology provides wireless networks with the ability to dynamically access available spectrum via a database-driven cognitive network architecture.

Spectrum Bridge

Series B in 2008
Spectrum Bridge is a privately held, telecommunication software company focused on making bandwidth more readily available to enterprises and consumers. The company's core business is providing greater availability and access to wireless bandwidth and the efficient allocation of spectrum within a wireless network. The company creates intellectual property (IP) and software applications, operates a spectrum exchange, and provides complete spectrum allocation solutions. Its patented technology provides wireless networks with the ability to dynamically access available spectrum via a database-driven cognitive network architecture.

Spectrum Bridge

Seed Round in 2008
Spectrum Bridge is a privately held, telecommunication software company focused on making bandwidth more readily available to enterprises and consumers. The company's core business is providing greater availability and access to wireless bandwidth and the efficient allocation of spectrum within a wireless network. The company creates intellectual property (IP) and software applications, operates a spectrum exchange, and provides complete spectrum allocation solutions. Its patented technology provides wireless networks with the ability to dynamically access available spectrum via a database-driven cognitive network architecture.
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