Shasta Ventures promotes three to partner

Shasta Ventures is promoting three of its principals to partner. Nikhil Basu Trivedi, Jacob Mullins and Nitin Chopra have all made it to this coveted venture capital milestone.

Shasta has about $1.3 billion under management across its five funds. Notable exits include Dollar Shave Club, Nest, Apptio, SteelBrick and Skycure. 

The group likes to invest in Series A rounds and places a particular focus on enterprise, consumer and emerging technology like virtual reality. Each of its new partners has an expertise in one of these categories.

Basu Trivedi has been looking at consumer opportunities, with a particular emphasis on subscription commerce. He currently sits on the board of The Farmer’s Dog and previously co-founded Artsy.

Mullins, who founded Exitround, has been very…

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Black Friday’s best tech bets

Thanksgiving is all about family, friends and gratefulness. The following day, on the other hand, is dedicated to rampant consumerism and generally attempting to not get trampled by a stampede of fellow deal seekers — the reason for the season, as the saying goes.

Writing about tech for a living means our inboxes have been bombarded by Black Friday deals over the past few weeks. Digging through all of the seasonal sales can be every bit as overwhelming as the shopping experience itself, so in honor of making your Thanksgiving weekend slightly less stressful than it has to be, here’s a roundup of some of the best tech deals you’ll find a week from today.

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Artland is a social art market that connects galleries and buyers

Danish startup Artland is building a social marketplace for the art world and its key players: Galleries and professional collectors, while also hoping an app-based approach helps onboard a new generation of art buyers.

The team’s overarching mission is to make art buying more accessible and thus widen the sales pipe. The core problem being that galleries aren’t typically short of artworks to hang on their walls. What they really need is more buyers’ eyes in front of exhibited works.

On a more abstract level, galleries do probably also need to up their sales game to compete in an era of selfie culture and trivial digital generation providing plenty of low cost, taste-customized printable fodder for consumers to fill up their walls. (Not that you’d call it art, but, well,…

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MoviePass drops pricing to under $7 per month, if you opt for the annual plan

MoviePass, the subscription service that lets consumers pay a monthly fee to see unlimited movies in theaters across the U.S., is slashing its prices yet again. The company announced today it’s now offering its service for $6.95 per month, down from the current price of $9.95 per month, when customers commit to a one-year subscription plan. That works out to a flat fee of $89.95 annually.

The deal is a limited-time promotion, as opposed to a permanent pricing change, but MoviePass didn’t say how long the offer is valid. However, it is open to both new and existing subscribers – the latter who would receive a 25 percent savings on their current subscription if switching over to the annual plan.

This is not the first time that MoviePass has dropped its pricing.

When the company

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Food delivery upstart Deliveroo adds another $98M to its latest round, now at $480M

The food-delivery on demand space continues to heat up in Europe. Today, Deliveroo, the London-based startup that just weeks ago announced a Series F of $385 million at a valuation of over $2 billion, today announced another $98 million into the round, led by T. Rowe Price Associates and Fidelity Management & Research Company.

The news underscores how the food delivery business continues to be one of economies of scale: Deliveroo’s extra funding boost comes just a day after Hungryhouse and JustEat announced that regulators have approved their merger, announced almost a year ago. Yesterday, Postmates, one of the delivery hopefuls in the U.S., made its first move outside of the country, to Mexico City, after two years ago saying that it was planning to come to London. Others…

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Watch Tesla’s new Roadster show off its record-breaking speed