[4] In September 2013, Rob Coneybeer of Shasta, the new managing director, said that he was betting big on hardware startups, citing Moore's Law-style continued performance improvements making opportunities for new hardware possible.

[6] Shasta Ventures was an early investor in Mint.com, an online personal finance management service that was bought in September 2009 by financial software company Intuit for US$170 million in cash.

[4] Shasta Ventures and Kleiner Perkins Caufield & Byers were the only investors in the Series A round for Nest Labs (the home automation company) in September 2010.

[3][8][9][10] Shasta has invested in a number of other companies[11] such as Anaplan, Brandcast,[12] Entelo,[citation needed] Leanplum, Nextdoor,[13] Lithium Technologies,[14] Logoworks,[citation needed] Zuora,[15] Tally Technologies,[16][17][18] Spiceworks,[19] Stealth Security, and VoloMetrix.

[citation needed] In August 2019 partner Doug Pepper left the firm, potentially triggering a "key-man" event[20]