Car rental company Silvercar drives away with $28 mln Series C

By Iris Dorbian — 1 month ago

Car rental company Silvercar has secured $28 million in Series C funding. Audi led the round with participation from previous backers that include Austin Ventures and Facebook co-founder Eduardo Saverin. In addition to the funding, Audi North America President Scott Keogh has been added to Silvercar’s board of directors.

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CPA Global buys VC-backed Innography

By Iris Dorbian — 2 months ago

CPA Global has acquired Innography, an IP search and analytics software provider. No financial terms were disclosed. Portico Capital Securities LLC advised Innography on the transaction. Innography’s backers included Austin Ventures.

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RunTitle raises $8 mln

By Luisa Beltran — 4 months ago

RunTitle said Friday it raised $8 million in Series A financing led by Founders Fund. Aubrey McClendon’s Deep Fork Capital, existing investor Austin Ventures, and several individuals also participated. Austin-based RunTitle is an oil and gas data startup.

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Austin Ventures exits Emerus Holdings: CORRECTED

By Luisa Beltran — 5 months ago

Welsh, Carson, Anderson & Stowe has invested in Emerus Holdings. Financial terms weren’t announced. CORRECTION: Austin Ventures, which invested $30 million in 2011, has sold its remaining stake in Emerus and is completely divested, said Jason Lisovicz, Emerus’ VP of marketing. Welsh Carson now owns a minority of Emerus. The firm acquired a much bigger stake than that held by Austin Ventures. Sellers, in addition to Austin, include six Emerus founders and 23 minor investors, Lisovicz said. Woodlands, Texas-based Emerus is a hospital system that provides inpatient and diagnostic care. BofA Merrill Lynch advised Emerus.

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Pritzker Group Private Capital buys ENTACT

By Iris Dorbian — 9 months ago

Pritzker Group Private Capital has acquired Westmont, Illinois-based ENTACT, a provider of environmental remediation services. The sellers were Austin Ventures and TGF Management Corp. No financial terms were disclosed. William Blair & Company served as financial advisor to ENTACT on the transaction.

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VC-backed HomeAway invests in Turkish vacation rental site Flat4Day

By Iris Dorbian — 9 months ago

HomeAway Inc, a Austin, Texas-based online marketplace for vacation rentals, has acquired a minority stake in Flat4Day for $2 million. Based in Turkey, Flat4Day is a vacation rental website. HomeAway is backed by Austin Ventures, Redpoint Ventures, Institutional Venture Partners, Trident Capital, American Capital, Technology Crossover Ventures and Google Ventures.

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VUV Analytics nabs $9 mln Series A

By Iris Dorbian — 10 months ago

Austin, Texas-based VUV Analytics Inc, a producer of the VGA-100 vacuum ultraviolet detector, has raised $9 million in Series A funding. The lead investor was S3 Ventures. In addition to the funding, VUV Analytics has named Clark Jernigan as CEO. Jernigan is a former venture partner at Austin Ventures.

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VC-backed HomeAway invests in CanadaStays

By Iris Dorbian — 11 months ago

HomeAway Inc, a Austin, Texas-based online marketplace for vacation rentals, has made an undisclosed investment in CanadaStays, a Canadian vacation rental website. HomeAway is backed by Austin Ventures, Redpoint Ventures, Institutional Venture Partners, Trident Capital, American Capital, Technology Crossover Ventures and Google Ventures.

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Civitas Learning attracts $16 mln

By Iris Dorbian — 1 year ago

Austin, Texas-based Civitas Learning, a predictive analytics platform provider for higher education institutions, has closed $16 million in funding. Rethink Education led the round with participation from other investors that included previous backers Austin Ventures and Emergence Capital.

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KPCB leads Series C round for Ambiq Micro

By Iris Dorbian — 1 year ago

Austin, Texas-based Ambiq Micro, which provides ultra-low power integrated circuits, has raised $15 million in Series C funding. KPCB led the round with participation from return backers that included Austin Ventures, Mercury Fund and ARM Holdings. In addition to the funding, KPCB partner Wen Hsieh has been added to Ambiq Micro’s board.

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Silvercar revs up $14 mln

By Iris Dorbian — 1 year ago

Silvercar, a provider of airport car rentals, has raised $14 million in funding. Facebook co-founder Eduardo Saverin and Velos Partners led the round with participation from Austin Ventures. In addition to the funding, Raj Ganguly of Velos Partners has been named to the firm’s board of directors while Saverin, chairman of Velos Partners, will become a board observer.

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