In its second-largest acquisition, Amazon buys the company for $970 million.
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Shasta Ventures is an early-stage investment firm focused on companies in the consumer Internet, mobile and software sectors. Shasta was formed to back brilliant entrepreneurs with an unwavering commitment to the customer experience. The firm is based in Menlo Park, California.
About Lowercase Capital
Lowercase Capital provides investment capital and advisory services to startups and mature enterprises alike. Example portfolio companies include Twitter, Uber, Instagram, and Heroku.
About First Round Capital
First Round Capital is a seed-stage venture capital firm dedicated to helping talented entrepreneurs build great companies. As seed-stage investors, we often provide a company's first outside capital - and are not afraid of funding pre-revenue companies. First Round Capital's portfolio is a community of web-enabled businesses led by entrepreneurs, guided by an active partnership and connected through a technology platform designed to support companies throughout their growth. The firm's current portfolio includes companies like Path, StumbleUpon, One Kings Lane, Fab, Modcloth, RockMelt, Uber and Square. First Round Capital invests nationally with offices in San Francisco, New York and Philadelphia.
About Baseline Ventures
Baseline Ventures is a seed-stage capital firm founded by Steve Anderson in late 2006. Bringing his diverse experience from eBay, Microsoft, Kleiner Perkins, Starbucks and Digital Equipment Corporation, Steve founded Baseline to in order to help entrepreneurs build and grow their ideas into companies. Since its inception, Baseline is proud to have backed over 60 founding teams in promising software and web companies including Instagram (acquired by Facebook), Twitter, Weebly, Formspring, Heroku (acquired by Saleforce.com), CoTweet (acquired by ExactTarget), GeoAPI (acquired by Twitter), IndexTank (acquired by LinkedIn), Rupture (acquired by EA), Sendori (acquired by Ask.com), Parakey (acquired by Facebook), Versly (acquired by Cisco), Aardvark and DocVerse (both acquired by Google) and Hunch (acquired by eBay).
Jessica Mullens, Mullens Public Relations
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