True Ventures just closed its fifth fund with $310 million

The 11-year-old, early-stage firm True Ventures, with offices in San Francisco and Palo Alto, has closed its fifth fund with $310 million, slightly more than the $290 million that the firm raised for its fourth fund, which closed in 2014. Presumably, it could have raised much more. True was the first investor in WordPress parent Automattic, a “unicorn” whose eventual public… Read More...