Troux Raises $7.85M of a $10M Series E

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Austin-based Troux Technologies has raised $7.85M of a $10M Series E round, according to a regulatory filing. The money brought in so far is from returning investors Austin Ventures, Greylock Partners, and Verdane Capital. In previous rounds the company raised $34M since it was founded in 2001. We expect the official announcement in the coming months as the company secures the last few million on the deal.

Company founder and former CEO Hank Weghorst announced his departure from Troux back in August, and he already had a new deal up his sleeve. Anybody have any info? Send us tips at tipster@austinstartup.com.

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