Category Archives: shasta ventures

Lattice raises another $15M to improve performance reviews

Sam Altman’s little brother Jack is an entrepreneur, too. Jack Altman, whose resume includes a stint as vice president of business development at Teespring, has raised $15 million in Series B funding for his startup, Lattice, a modern approach to corporate goal setting. Shasta Ventures led the round, with participation from Thrive Capital, Khosla Ventures and Y Combinator, the latter being the organization his brother led as president until very recently. Lattice, used by high-growth companies like Reddit, Slack, Coinbase and Glossier, helps human resources professionals develop […]

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Tonal raises $45 million to bring strength training to more living rooms

Tonal is today announcing its Series C financing that it hopes will allow the company to bring its at-home gym to even more homes. The funding round shows investors’ excitement around the new generation of personal exercise equipment that combines on-demand training with smart features. Tonal, like Peloton, offers features previously unavailable outside of gyms, and with this injection of capital, the company expects to build new personal features and invest in marketing and retail experiences. L Catterton’s Growth Fund led the $45 million Series C round, […]

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The Silicon Valley exodus continues

For a long time, it was the norm for founders to haul their hardware to the 3000 block of Sand Hill Road, where the venture capitalists of “Silicon Valley” would be awaiting their pitches. Today, many of the investors that touted the exclusivity of “The Valley” have moved north to San Francisco, where they have better access to top entrepreneurs. Y Combinator, a Silicon Valley institution and to many the lifeblood of the startups and venture capital ecosystem, is the latest to pack up shop. YC, which […]

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Data.world raises $12M to help Fortune 500 companies close the great data divide

Airbnb, Uber, Lyft, Warby Parker and a long list of other startups of the 21st century have appointed C-level employees to roles focused exclusively on data science. These digital-age companies have established “data cultures,” which provide employees broad access to high-quality data, advocate for data literacy and have data-driven decision-making processes, according to Carl Anderson, who previously led data analytics and data science at Warby Parker and WeWork. Fortune 500 companies are still a long way from this ideal. Data.world, a sort of social networking site for data […]

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RDMD attacks rare diseases with data mined from health records

You wouldn’t expect a medical app to get its start as a Snapchat competitor. Neither did video chat startup TapTalk’s founder Onno Faber. But four years ago he was diagnosed with a rare disease called neurofibromatosis type 2 that caused tumors, leading Onno to lose hearing in one ear. He’s amongst the one in 10 people with an uncommon health condition suffering from the lack of data designed to invent treatments for their ails. And he’s now the co-founder of RDMD. Emerging from stealth today, RDMD aggregates and analyzes medical […]

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