Shasta Ventures

Tally Launches Credit Card Debt Management Platform For Partners

Retrieved on: 
Wednesday, April 3, 2024
Professional Services, Technology, Finance, Software, Fintech, Personal Finance, Shasta Ventures, General partnership, Line of credit, Andreessen Horowitz, Bank

Tally, a fintech startup known for helping people diligently pay down their credit card debt, today announced the release of its white labeled credit card debt management software, a B2B offering that scales Tally’s mission to give consumers a better path to debt management.

Key Points: 
  • Tally, a fintech startup known for helping people diligently pay down their credit card debt, today announced the release of its white labeled credit card debt management software, a B2B offering that scales Tally’s mission to give consumers a better path to debt management.
  • Unlike any other credit card debt management tools available today, Tally’s software smartly facilitates money movement, directly paying the consumer’s credit cards on their behalf.
  • With the launch of Tally’s credit card debt management platform, Tally will sunset its direct-to-consumer loan portfolio; the Tally Line of Credit will now be offered through its partner network.
  • “We’re proud to continue our critical work together as Tally partners with financial institutions to help solve the growing credit card debt crisis.”

LeakSignal Secures $1.6M in Seed Funding to Protect Data In-Transit Across Microservices and Modern Architectures

Retrieved on: 
Thursday, March 21, 2024
Technology, Venture Capital, Security, Professional Services, Software, Networks, Internet, Data Management, Artificial Intelligence, Cloud, Organization, Database, Face, Fastly, Shasta Ventures, Head, Classification, DLP, Content delivery network, WebAssembly, NIST, PCI, API, WASM, CDN, Cryptocurrency

LeakSignal, a provider of microservices cybersecurity solutions, today announced that it has secured $1.6 million in an oversubscribed funding round.

Key Points: 
  • LeakSignal, a provider of microservices cybersecurity solutions, today announced that it has secured $1.6 million in an oversubscribed funding round.
  • In an era where traditional security measures fall short in their ability to protect modern architectures (e.g.
  • Microservices, Serverless, LLMs), LeakSignal differentiates itself by safeguarding sensitive data at its most vulnerable stage—when it is in transit.
  • The company plans to expand its evangelism efforts to equip platform and security engineers with cutting-edge data in-transit capabilities that integrate natively into all modern architectures.

Space Resources Startup Interlune Raises $18 Million in Seed Capital

Retrieved on: 
Wednesday, March 13, 2024
Astronaut, Government, Alphabet, Apollo, Blue Origin, National Science Foundation, Natural Resources, Shasta Ventures, SBIR, History, University, University of Michigan, Spaceflight Industries, NSF, Investment, Liquid, Water, Rocket Lab, Small Business Innovation Research, Renewable energy

SEATTLE, March 13, 2024 /PRNewswire/ -- Interlune, a natural resources company, emerged from stealth today, announcing that it has raised funding to further develop and operationalize technology to extract Helium-3 and other natural resources from the Moon. The funding is an essential milestone for Interlune in pursuing its mission to lead the world in sustainable, responsible harvesting and distribution of natural resources from space to benefit humanity.

Key Points: 
  • The funding is an essential milestone for Interlune in pursuing its mission to lead the world in sustainable, responsible harvesting and distribution of natural resources from space to benefit humanity.
  • Alexis Ohanian's venture firm Seven Seven Six led the most recent round of $15 million, adding to previous angel investments.
  • Katelin Holloway, founding partner of Seven Seven Six, will join the Interlune board of directors.
  • "For the first time in history, harvesting natural resources from the Moon is technologically and economically feasible," said Meyerson.

Tracksuit Secures $13.5M to Bring the Future of Brand Tracking to Growing Consumer Brands

Retrieved on: 
Tuesday, February 27, 2024
Icehouse Ventures, Traction, Investment, Athletic Brewing Company, Marketing, Growth, MyFitnessPal, Shasta Ventures, Entrepreneurship, Pulse, Health, Blackbird, Research, Partnership, Pharmaceutical industry

NEW YORK, Feb. 27, 2024 /PRNewswire-PRWeb/ -- Tracksuit, the modern brand tracker for growth brands, today announced it raised $13.5 million in Series A funding to prove the value of brand building and usher in the era of sustainable consumer brand growth. Tracksuit will use the funds to officially launch into the US and UK markets, expand research and platform capabilities, and democratize previously unavailable market research data. Led by Altos Ventures and Footwork, the round marks the company's second external investment since its New Zealand inception in April 2021.

Key Points: 
  • Tracksuit raised $13.5 million to prove the value of brand building and usher in the era of sustainable consumer brand growth.
  • NEW YORK, Feb. 27, 2024 /PRNewswire-PRWeb/ -- Tracksuit , the modern brand tracker for growth brands, today announced it raised $13.5 million in Series A funding to prove the value of brand building and usher in the era of sustainable consumer brand growth.
  • "The funding, along with our partnership with the Altos Ventures team, speeds up our plans to democratize brand marketing data and market research."
  • "Because Tracksuit is 'always on,' we can continuously monitor and understand the health of our brand in real time.

GoFormz Announces Sydney Sloan, Drata CMO, as Newest Member of Its Board of Directors

Retrieved on: 
Tuesday, February 6, 2024
Cloud, Marketo, SAN, Growth, Shasta Ventures, Demandbase, Document, Form, Adobe, Software as a service, Software, Salesloft, Management

SAN DIEGO, Feb. 6, 2024 /PRNewswire/ -- GoFormz (www.goformz.com) the leading mobile forms and data capture platform, is proud to announce the appointment of Sydney Sloan, Chief Marketing Officer of Drata, to its Board of Directors. Sloan's extensive background in document management and software marketing for leading technology firms positions her as a valuable asset to the GoFormz team.

Key Points: 
  • SAN DIEGO, Feb. 6, 2024 /PRNewswire/ -- GoFormz ( www.goformz.com ) the leading mobile forms and data capture platform, is proud to announce the appointment of Sydney Sloan, Chief Marketing Officer of Drata, to its Board of Directors.
  • Sloan's extensive background in document management and software marketing for leading technology firms positions her as a valuable asset to the GoFormz team.
  • Her addition to our board is a significant step forward for GoFormz."
  • She joins a distinguished group of board members, including representatives from Cloud Apps Capital Partners, Shasta Ventures, and Glynn Capital.

anecdotes Secures $25 Million in Series B Funding to Revolutionize the Enterprise GRC Stack

Retrieved on: 
Tuesday, January 9, 2024
Cloud, Synthetic media, CISO, Shasta Ventures, SoFi, Traction, Policy, Series, Amazon Web Services, DTCP, PALO, Name, Ecosystem, ARR, Anecdote, GRC, TEL, Generative, Risk management, Risk, Snowflake, PagerDuty, Vertex, Motion, Azure

TEL AVIV, Israel and PALO ALTO, Calif., Jan. 9, 2024 /PRNewswire/ -- anecdotes , an innovative leader in enterprise GRC (Governance, Risk and Compliance) technology, today announced that it has closed $25 million in a Series B round of funding, elevating the total capital raised to $55 million.

Key Points: 
  • TEL AVIV, Israel and PALO ALTO, Calif., Jan. 9, 2024 /PRNewswire/ -- anecdotes , an innovative leader in enterprise GRC (Governance, Risk and Compliance) technology, today announced that it has closed $25 million in a Series B round of funding, elevating the total capital raised to $55 million.
  • Notably, Vertex and DTCP have joined as new investors, underscoring their belief in anecdotes' unique enterprise offering and the motion of global expansion.
  • "At Snowflake, by leveraging anecdotes' compliance technology we unlocked data sets that can now be utilized in our compliance program enhancing efficiency and continuity.
  • The successful closure of the Series B funding will empower anecdotes to introduce new data-driven innovations to the GRC landscape, such as the anecdotes AI Toolkit which provides a comprehensive list of risks, controls and policies to securely integrate Generative AI capabilities.

Lightup Closes $9 Million Series A Round Led By Andreessen Horowitz and Newland Ventures to Democratize No-Code Data Quality Checks Across Enterprise Operations

Retrieved on: 
Thursday, August 3, 2023
Shasta Ventures, Gap Inc., Record, General partnership, Organization, Andreessen Horowitz, Traction, Anomaly, Root cause analysis, Ecosystem, Data Analytics Library, Cryptocurrency, Skechers, Series

The round was led by Andreessen Horowitz and Newland Ventures, with participation from Spectrum 28 Capital, Shasta Ventures, Vela Partners, and Incubate Fund.

Key Points: 
  • The round was led by Andreessen Horowitz and Newland Ventures, with participation from Spectrum 28 Capital, Shasta Ventures, Vela Partners, and Incubate Fund.
  • Traditional approaches to data quality checks are time-consuming and resource-intensive, requiring highly specialized technical expertise and long development cycles.
  • Lightup’s mission is to simplify and democratize data quality checks for business users, data engineers, and data management teams alike, offering the first and only out-of-the-box no-code data quality monitoring platform with time-bound pushdown queries and AI-powered anomaly detection.
  • Lightup is committed to helping organizations solve the hardest data quality challenges of scaling checks across petabytes of operational data and detecting silent data outages, data drift, and broken data in otherwise good data pipelines.

Shabodi Awarded by Frost & Sullivan for Enabling Businesses to Build High-performance and Secure Network-aware Applications That Reduce Operational Costs

Retrieved on: 
Wednesday, July 19, 2023
Shasta Ventures, Investment, Defense, AEP, Telecommunications, Internet of things, API, Innovation, Research, Government, VR, Traction, Blumberg Capital, Virtual reality, Artificial intelligence, Growth, National Security Innovation Network, Robotics, XR, ROI, Joint Innovation Lab, Frost, AR, Online shopping, Video game, Forum

SAN ANTONIO, July 19, 2023 /PRNewswire/ -- Frost & Sullivan recently researched the North American 5G enterprise application enablement industry and, based on its findings, recognizes Shabodi with the 2023 Enabling Technology Leadership Award. Shabodi capitalizes on 5G technology to enable developers to seamlessly build and customize applications with no core expertise in telecommunications networks.

Key Points: 
  • Shabodi capitalizes on 5G technology to enable developers to seamlessly build and customize applications with no core expertise in telecommunications networks.
  • The company connects cutting-edge applications and sophisticated advanced network infrastructures, providing an end-to-end, developer-friendly platform that enables businesses to fully monetize their 5G services and increase ROI through highly customized services.
  • Shabodi helps customers with its highly innovative application enablement platform (AEP), which addresses industry challenges by offering the ability to create tailor-made network services for various applications.
  • Furthermore, Shabodi continues to expand its technical capabilities by adding artificial intelligence (AI), robotics, and computer vision to its comprehensive portfolio.

Shabodi Awarded by Frost & Sullivan for Enabling Businesses to Build High-performance and Secure Network-aware Applications That Reduce Operational Costs

Retrieved on: 
Wednesday, July 19, 2023
Shasta Ventures, Investment, Defense, AEP, Telecommunications, Internet of things, API, Innovation, Research, Government, VR, Traction, Blumberg Capital, Virtual reality, Artificial intelligence, Growth, National Security Innovation Network, Robotics, XR, ROI, Joint Innovation Lab, Frost, AR, Online shopping, Video game, Forum

SAN ANTONIO, July 19, 2023 /PRNewswire/ -- Frost & Sullivan recently researched the North American 5G enterprise application enablement industry and, based on its findings, recognizes Shabodi with the 2023 Enabling Technology Leadership Award. Shabodi capitalizes on 5G technology to enable developers to seamlessly build and customize applications with no core expertise in telecommunications networks.

Key Points: 
  • Shabodi capitalizes on 5G technology to enable developers to seamlessly build and customize applications with no core expertise in telecommunications networks.
  • The company connects cutting-edge applications and sophisticated advanced network infrastructures, providing an end-to-end, developer-friendly platform that enables businesses to fully monetize their 5G services and increase ROI through highly customized services.
  • Shabodi helps customers with its highly innovative application enablement platform (AEP), which addresses industry challenges by offering the ability to create tailor-made network services for various applications.
  • Furthermore, Shabodi continues to expand its technical capabilities by adding artificial intelligence (AI), robotics, and computer vision to its comprehensive portfolio.

Deep Sentinel Raises $15M to Provide Security Solution to Homes and Businesses in the U.S.

Retrieved on: 
Wednesday, May 31, 2023
Sentinel, Law enforcement, Shasta Ventures, Crime, Syndicate, AI, Intel Capital, Software, Selinger, Medical device

PLEASANTON, Calif., May 31, 2023 /PRNewswire/ -- Deep Sentinel, the security provider with 24/7 live video monitoring by remote guards aided by their proprietary artificial intelligence technology, today announced a $15 million funding round led by Intel Capital with participation from Shasta Ventures, Slow Ventures, UP2398, and Jason Calacanis' The Syndicate. 

Key Points: 
  • Deep Sentinel's smart home security systems provide comprehensive protection against potential intruders with the use of high-definition cameras, AI and human intervention.
  • "Our AI-enabled security systems are the best solution to the growing threats to businesses and homes in the U.S. We can further serve our mission of making the world's best security product available to all customers," Selinger said.
  • "Since installing Deep Sentinel's technology on our business properties, its lightning-fast connectivity and reliability has been astounding," Jack Azbill, Owner of Varitec Systems.
  • "Being a commercial integrator, it is important for systems to be simple for the end user, but yet robust in features.