Austin Ventures

Austin Ventures (AV) is a private equity firm focused on venture capital and growth equity investments in business services and supply chain, financial services, new media, Internet, and information services companies nationally with a focus on Texas.[2] The firm, which is based in Austin, Texas, was founded in 1984.[1] AV has raised approximately $3.9 billion since inception across ten private equity funds.

Austin Ventures
TypePrivate
IndustryPrivate equity
Founded1979[1]
FoundersJoe Aragona, Ken DeAngelis, Bill Wood
HeadquartersAustin, Texas, United States
ProductsVenture capital, Growth capital
Total assets$3.9 billion
Number of employees
60+
Websitewww.austinventures.com

In September 2008, the firm announced the closing of Austin Ventures X with $900 million of investor commitments which will be used to fund start-up capital for emerging companies and growth capital for expansion rounds and recapitalizations.

In 2003, Austin Ventures, had offered to buy Hoover's Inc. for about $131 million in cash.[3] Which was later withdrawn after a week as per Hoover's.[4]

Its investments include Bloomfire,[5] Donuts,[6] MIQ Logistics,[7] Spiceworks,[8] Spredfast[9] and Worksoft.[10]

See also

References
  1. findventure.com Archived September 10, 2011, at the Wayback Machine
  2. Thorpe, Helen (2000-08-20). "Austin, We Have a Problem". The New York Times. ISSN 0362-4331. Retrieved 2019-12-09.
  3. News, Bloomberg (2003-02-08). "Company News; Shareholder Makes a Competing Bid for Hoover's". The New York Times. ISSN 0362-4331. Retrieved 2019-12-09.
  4. News, Bloomberg (2003-02-14). "Company News; Marathon and Austin Withdraw Bid for Hoover's". The New York Times. ISSN 0362-4331. Retrieved 2019-12-09.
  5. "Bloomfire > Investors". crunchbase. Retrieved 2020-02-04.
  6. Kolodny, Lora (2012-06-05). "Donuts Raises $100M-Plus To Deliver 'Dot-Anything-You-Want' Domain Names". WSJ. Retrieved 2020-02-04.
  7. Twiddy, David. "Austin Ventures schließt Kauf über 38,7 Mio. USD ab". bizjournals. Retrieved 2020-02-04.
  8. "Spiceworks". crunchbase. Retrieved 2020-02-04.
  9. "Social Marketing Software Specialist Scores $50 Million". Fortune. Retrieved 2020-02-04.
  10. "Worksoft > Investors". crunchbase. Retrieved 2020-02-04.


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