Austin-based HomeAway, the leading online vacation rental marketplace, today announced it has completed a $250 million equity capital raise. Add to this the $209 previously raised and the total amount of capital dedicated to this company is $459M. According to Venture Source, this is the largest minority investment of a U.S. Internet company in the last [...]
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Austin-based Digby raised another $5.5M from the new Blackberry Partners Fund last week, adding to a reported $2.5M Series A round. Considering that the fund made investments in only three companies as their first foray into the venture world, Digby is in good company. They had a nice writeup in the Statesman about it on [...]
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Austin Ventures, fresh off the close of $900M for a new fund, announced the commitment of up to $75 million of equity capital for the creation of AVRON Partners, Inc., a new supply chain services acquisition and strategic business development company. The new organization has been formed in partnership with Ronald T. Sorrow, co-founder and [...]
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Austin-based SailPoint Technologies is announcing that they have raised an additional $6.5M in a Series C financing from existing investors Austin Ventures, Lightspeed Venture Partners, Origin Partners, and Silverton Partners.
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Austin-based Innography raises $6.5M from Austin Venture and Hunt Ventures.
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SmarteSoft raised $2M from Daylight Partners and the Central Texas Angel Network, according to recent news reports. Smartesoft’s test automation technologies enable non-technical users to completely develop test suites from scratch. The functional and performance test products are designed for extreme speed of implementation, and do not require any programming or scripting skills. Customers range [...]
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Austin-based Hyper9 (formerly InovaWave) announced additional funds in their $7.2M Series B round from Maples Investments. Mike Maples Jr. is a former Austinite, and was previously an executive with Motive and Tivoli. His first fund at Maples Investments was staked with around $15M from Austin Ventures, and that fund is invested in startups such as [...]
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Austin-based gaming company Heatwave Interactive announced that they’ve raised $7.5M from Syncom Venture Partners. Syncom is taking a unique approach to creating a studio that will develop video game IP that can be used across other forms of media. The company is comprised of gaming industry veterans that have been responsible for titles such as [...]
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You can add ActaCell to the growing list (2 so far!) of highly secretive battery technology companies in Austin. The company announced a $5.8M Series A financing today.
ActaCell is creating some sort of new technology in the Lithium-Ion battery market, and has been in the Austin Technology Incubator (ATI) for several months now. It appears [...]
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Phurnace Software announced that it has completed its $5 million Series A financing, led by S3 Ventures, a Texas-based venture capital firm. Previous investors, including DFJ Mercury, also participated in the financing. The capital will be used by Phurnace to expand sales, marketing and development activities for its patent-pending deployment automation products.
We first saw Phurnace [...]
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