VizionWare, which made some amazing HD audio/video cabling and is a member of the AustinEmerging100, has joined the deadpool. Since 2004 the company raised over $20M from investors such as DJF Mercury, Novus Ventures, RPM Ventures, and others. VentureBeat reported it today, and the website is indeed down.
As venture capital gets harder to raise, how many more of these will we see? Startups better stretch their cash as far as they can in order to weather the storm. There will be a definite flight to quality from the private equity players.
- Tags: Austin, deadpool, vizionware