True Ventures

Founded in 2006, True Ventures is a Silicon Valley-based venture capital firm that invests in early-stage technology startups. With three funds and approximately $600 million in capital under management, True provides seed and Series A funding to the most talented entrepreneurs in today’s fastest growing markets. With a mission to make the world a better place for entrepreneurs, True encourages each founder’s vision and has built resources to empower the employees, families and communities of its portfolio companies. The firm maintains a strong founder community and offers innovative educational opportunities to its portfolio, helping entrepreneurs achieve higher levels of success and impact. With more than 100 companies funded and multiple companies acquired, the True portfolio has created over 1,900 jobs. True is led by General Partners Jon Callaghan, Phil Black, John Burke and Puneet Agarwal, along with Venture Partners Toni Schneider (CEO of Automattic), Tony Conrad (Founder of and Sphere) and Om Malik (Founder of Giga Omni Media). Companies in the True portfolio include (acquired by AOL), Assistly (acquired by Salesforce), Automattic (creators of the popular blogging platform, Bloomspot, BrightRoll, Cetas (acquired by VMware), Fitbit, Milo (acquired by eBay), Socialcast (acquired by VMware), Syncplicity (acquired by EMC) and Typekit (acquired by Adobe).(Source: True Ventures)