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
In 2003, Austin Ventures, had offered to buy Hoover's Inc. for about $131 million in cash.[5] Which was later withdrawn after a week as per Hoover's.[6]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
References
In the news
- 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
- Austin Ventures (company website)