
TrueBridge Capital Partners
1011 South Hamilton Road Suite 400, Chapel Hill, NC, 27517, United States
Overview
TrueBrige Capital Partners is a boutique alternative asset investment firm. TrueBridge offers [venture capital fund of funds](http://www.truebridgecapital.com) services. Founded by Edwin Poston and Mel Williams, two experienced principals.
- Total investments
- 11
- Lead investments
- 1
- Investments · 12mo
- 1
- Active investors
- 3
Sector focus
- Finance
- Venture Capital
Investment portfolio
- Seismic
Participated · Equity · Nov 2025
Seismic is building a privacy-preserving blockchain infrastructure tailored for fintech applications, enabling institutions to move value on crypto rails while keeping user information confidential. Founded by Lyron Co Ting Keh, the platform already supports partners such as Brookwell, which offers stable-coin cash accounts, and Cred, a private credit service. By masking sensitive data while retaining the openness of public chains, Seismic aims to overcome one of the primary barriers to fintech crypto adoption. The company plans to add fiat on- and off-ramps as well as card programs to broaden its utility. Seismic expects to begin generating revenue early next year via per-transaction fees. Including its latest raise, the startup has secured $17 million in total funding to date, giving it capital to scale product development and partner integrations.
- Camp Network
Participated · Series A · Apr 2025
Camp Network operates a Layer 1 blockchain built to register, tokenize, and track intellectual property on-chain using a bespoke “proof of provenance” algorithm. The protocol records provenance, usage rights, and attributions when data is monetized and enables fine-tuning of AI agents on user-owned IP with automated monetization back to contributors. Camp also offers isolated execution environments so developers can launch app chains with tailored blockspace and compute settings. The team aims to build the world’s largest repository of user-owned IP and to offer a marketplace for rights-cleared training data to compensate creators whose work is used to train models. The project is motivated by perceived risks to creators from AI and intends to support transparent, enforceable distributions for use of agents trained on contributors’ IP. The network launched with 15 live decentralized applications.
- Metronome
Participated · Series C · Feb 2025
Metronome provides a usage-based billing platform that enables companies to launch products faster and iterate on pricing and packaging. The platform powers billing for 150M+ end users and processed billions in usage-based revenue, with an 8x increase in dollars billed on the platform in 2024. Customers named in the article include OpenAI, Anthropic, Databricks, Confluent, and NVIDIA. In October Metronome launched "Metronome 2.0," adding features for self-serve models, complex enterprise contracts, and cloud marketplaces. The company recently hired its first chief product officer, James Brown, to drive product vision and capitalize on growth. Metronome plans to boost R&D to help customers use pricing and billing data to improve customer experience, pricing decisions, cost controls, and margins. Metronome provides a data-driven usage-based billing platform that lets engineering teams point their data streams at Metronome to launch pricing and quote-to-cash workflows with minimal engineering effort. The product offers out-of-the-box integrations and aims to reduce the engineering investment required for billing integration and maintenance, enabling faster product launches and pricing changes. The company says it saw a 6x increase in ARR last year as customers—including OpenAI, Anthropic, Databricks and Nvidia—move from subscription to usage-based or hybrid models. Metronome doubled headcount to 66 full-time employees over the last year and grew headcount more than 40% in the last quarter, and it plans continued hiring across R&D and customer-facing teams. The startup declined to disclose a valuation, saying only it was a “very healthy multiple above” its Series A valuation. Metronome plans to use the new capital to advance its product roadmap and provide runway to support customers and long-term infrastructure commitments. Metronome builds billing and data infrastructure designed to process usage data at scale and provide real-time APIs for customers’ usage and billing information. The product aims to let companies launch, iterate and scale usage-based pricing models without code changes and to serve both self-serve and bespoke enterprise contract workflows. Founders Kevin Liu and Scott Woody started the company in 2020 after identifying widespread billing pain at other software companies. Customers named in the article include Cockroach Labs, Starburst and Truework. The company is San Francisco–based, has about 20 employees, and plans to use new capital primarily to hire across R&D and go-to-market teams. Metronome emphasizes architecture built for scale, resilience and security so billing can act as a real-time source of truth for product and client dashboards.
- Caldera
Participated · Series A · Jul 2024
Caldera develops Metalayer, a unified rollup ecosystem intended to connect and scale Ethereum rollups. The company has deployed high-performance, customizable rollups for teams including ApeCoin, Manta Network, Rarible, INJECTIVE, and Plume Network. Caldera chains cumulatively hold over $800M in total value locked (TVL) and have executed more than 60M blockchain transactions. The team argues the rollup landscape is fragmented and that Metalayer is needed to enable seamless connectivity between rollup frameworks. Their stated goal is to help Ethereum reach web-scale by providing interoperability across rollups. The company highlights ongoing work with top web3 teams and plans to use the new capital to build out the Metalayer ecosystem. Caldera provides a no-code platform to simplify creation of app-specific layer-2 blockchains, targeting web3 developers who can write Ethereum smart contracts but don’t want to manage blockchain infrastructure. The platform is live on mainnet with select partners in DeFi and gaming for both Ethereum and Polygon. Caldera plans a public beta within roughly a month and aims to be widely available by summer. The company says its goal is an all-in-one solution so developers can focus on apps rather than underlying blockchain plumbing. Co-founders Matt Katz and CTO Parker Jou launched the startup in March 2022. The recent fundraising will be used to accelerate development, hire to strengthen the core product, and improve the user interface.
- Aviatrix
Participated · Series E · Sep 2021
Aviatrix delivers advanced cloud networking, network security and operational visibility with cloud-native simplicity and automation. The company provides a proven multi-cloud network reference architecture to design, deploy and operate a repeatable network and security architecture consistent across any public cloud. More than 550 customers worldwide leverage Aviatrix’s platform. Led by CEO Steve Mullaney, the company emphasizes enterprise-grade network and security operations for cloud environments. Aviatrix raised $200M in a Series E at a $2 billion valuation and plans to use the funds to scale its worldwide sales and support operations. Aviatrix offers a cloud network platform that delivers advanced networking, security, and operational visibility and control with cloud-like simplicity and automation. The company targets enterprises moving mission-critical applications to multiple cloud service providers and emphasizes repeatable multi-cloud network and security architectures. More than 500 customers worldwide leverage Aviatrix and its multi-cloud network reference architecture. Aviatrix also offers the industry’s multi-cloud networking certification (ACE) to support adoption. The company plans to use new growth-stage funding to scale sales, partner channels, customer support, and product development to meet rising enterprise demand. Aviatrix is headquartered in Santa Clara, Calif. Aviatrix provides networking and security services for enterprises moving mission-critical applications from on-premises to the public cloud. Its offerings include advanced transit networking, network segmentation, next-generation firewall integration, smart SAML VPN and site-to-cloud VPN access. The company also provides cloud-to-Internet egress filtering, high-performance encryption and other enterprise networking capabilities. Aviatrix serves more than 300 multi-cloud enterprises, including Jefferies, Experian, NASA, QuickenLoans, Pfizer and Netflix. It recently raised $40M in a Series C and has $76M in total funding to date. The company plans to use the proceeds to scale sales, channel, customer support, marketing and product development, and is led by CEO Steve Mullaney with John Jendricks as COO and James Winebrenner as SVP of worldwide sales. Aviatrix offers a one-click, CLI-free hybrid cloud networking solution built for AWS, Microsoft Azure, and Google Cloud that uses a centralized controller and lightweight gateway software to create, delete, and manage hybrid cloud networks. The product enables scalable, secure interconnections across private data centers and public cloud regions and supports cloud-native and multi-cloud architectures. Aviatrix says customers can accelerate hybrid cloud network deployments by more than 90 percent, shorten development cycles, and reduce costs; customers include Fortune 1000 and cloud-native companies such as Hyatt, Robert Half, and GREE. The company plans to use new funding to expand operations, drive strategic partnerships, and extend the reach of its cloud networking solutions. Financially, the company announced a $15 million Series B that brings its total funding to $25 million. Aviatrix publicly cites strong customer momentum since its 2014 launch. Aviatrix builds software that enables enterprises to create hybrid clouds by easily, elastically and securely connecting to dozens of AWS virtual private clouds (VPCs) and Azure VNets without buying additional networking equipment. The platform also allows employees and partners to connect directly to the cloud without traditional corporate VPNs and helps software vendors migrate on‑premise applications to the cloud and transition to single‑tenant SaaS. Current customers include large and small enterprises, and Aviatrix is an AWS partner and a Microsoft Enterprise Cloud Alliance partner. The company was founded by Pankaj Manglik and Sherry Wei, who bring prior experience from Aruba Networks, Cisco and Huawei. Headquartered in Santa Clara, California, Aviatrix positions its product as a way for CloudOps to hide network complexity and build networks as dynamic and disposable as compute and storage. Management frames the offering around addressing hybrid cloud networking challenges as adoption increases.