Tech Company Financing Transactions

TrueAbility Funding Round

Austin Ventures and Cloud Power Capital invested in a $2 million Series A capital raise for TrueAbility. The round was announced on 7/29/2013.

Transaction Overview

Company Name
Announced On
7/29/2013
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Series A
Investors

Austin Ventures (Lead Investor) (Thomas Ball)

Cloud Power Capital

Proceeds Purpose
TrueAbility will use the investment to expand its platform technology, AbilityScreen, into new vertical skill sets, increase customer acquisition activities, and add key hires in development, marketing, recruiting and HR channel relations.

Company Information

Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
112 E Pecan St. 10th Floor
San Antonio, TX 78205
USA
Email Address
Overview
Today, TrueAbility is helping companies improve their technical capabilities while reducing recruiting costs.
Profile
TrueAbility LinkedIn Company Profile
Social Media
TrueAbility Company Twitter Account
Company News
TrueAbility News
Facebook
TrueAbility on Facebook
YouTube
TrueAbility on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Frederick Mendler
  Frederick Mendler LinkedIn Profile  Frederick Mendler Twitter Account  Frederick Mendler News  Frederick Mendler on Facebook
Chief Technical Officer
Marcus Robertson
  Marcus Robertson LinkedIn Profile  Marcus Robertson Twitter Account  Marcus Robertson News  Marcus Robertson on Facebook
Co-Founder
Dusty Jones
  Dusty Jones LinkedIn Profile  Dusty Jones Twitter Account  Dusty Jones News  Dusty Jones on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/29/2013: Escape Media Group venture capital transaction
Next: 7/29/2013: Ellevation venture capital transaction

 

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About Database of VC Transactions

We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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