Shasta Ventures pools a $200M fund, invests with Google Ventures and KP

Rob Coneybeer

Early stage venture firm Shasta Ventures raised $200 million dollars, according to a form D filed with the SEC. This is a growth fund intended to support start-ups.

This is a pooled investment fund, with the form citing Rob Coneybeer, Tod Francis, and Jason Pressman as involved in the pool. The company pooled its first fund in 2005 when it started investing $210 million. In 2007, Shasta raised a $250 million fund for investments in technology.

Most recently, Shasta invested in Crittercism, a tool developers use to track problems in their mobile apps, along with Google Ventures and Kleiner Perkins. Other recent investments includes an April investment in IT social network Spiceworks for $25 million and two May investments in TaskRabbit for $5 million and LiquidSpace for $3.6 million.