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…