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,[3] was founded in 1984.[1] AV has raised approximately $3.9 billion since inception across ten private equity funds.[4]
 | |
| Company type | Private |
|---|---|
| Industry | Private equity |
| Founded | 1979[1] |
| Founders | Joe Aragona, Ken DeAngelis, Bill Wood |
| Headquarters | Austin, Texas, United States |
| Products | Venture capital, Growth capital |
| Total assets | $3.9 billion |
Number of employees | 60 |
| Website | www.austinventures.com |
History
editIn 2003, Austin Ventures, had offered to buy Hoover's Inc. for about $131 million in cash.[5] Which was later withdrawn after a week as per Hoover's.[6]
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.
See also
edit
References
edit- ^ a b findventure.com Archived September 10, 2011, at the Wayback Machine
- ^ Thorpe, Helen (2000-08-20). "Austin, We Have a Problem". The New York Times. ISSN 0362-4331. Retrieved 2019-12-09.
- ^ Agresta, Michael (8 April 2021). "How Austin's Start-up Sector Won the Pandemic". Texas Monthly LLC. Texas Monthly. Retrieved 10 April 2021.
- ^ "COMPANY NEWS; SHAREHOLDER MAKES A COMPETING BID FOR HOOVER'S". The New York Times. 8 February 2003.
- ^ "Company News; Shareholder Makes a Competing Bid for Hoover's". The New York Times. 2003-02-08. ISSN 0362-4331. Retrieved 2019-12-09.
- ^ "Company News; Marathon and Austin Withdraw Bid for Hoover's". The New York Times. 2003-02-14. ISSN 0362-4331. Retrieved 2019-12-09.
In the news
edit- MARATHON AND AUSTIN WITHDRAW BID FOR HOOVER'S. The New York Times, February 14, 2003
- Austin Ventures to buy financial publication publisher. Austin Business Journal, December 22, 2008
- Number of US venture capital funds raising capital significantly down in Q3. AltAssets, October 14, 2008
External links
edit- Austin Ventures (company website)