Austin Ventures

Austin Ventures

Type	Private
Industry	Private equity
Founded	1979
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

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. The firm, which is based in Austin, Texas, was founded in 1984. AV has raised approximately $3.9 billion since inception across ten private equity funds. 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.

Portfolio

The portfolio includes HomeAway, Bazaarvoice, WhaleShark Media (now RetailMeNot), Dachis Group, and Spiceworks.

References

• Austin, We Have a Problem. New York Times, August 20, 2000
• SHAREHOLDER MAKES A COMPETING BID FOR HOOVER'S. New York Times, February 8, 2003
• MARATHON AND AUSTIN WITHDRAW BID FOR HOOVER'S. 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)