Summer is here and our 6th annual August Capital Party is just around the corner. Last week we released 100 tickets, all of which sold out in under an hour. Today we are releasing our next set of 100 tickets. The August Capital Party will be held on the gorgeous Sand Hill Road in Menlo Park on July 29th from 5:30 – 10:00pm, preceding our Mobile First CrunchUp. This party is a great way to see an… → Read More
August Capital was doing very late stage deals when most VCs refused to. And its early 2000 era buyout of Seagate was one of the better returns in the firm’s history. So why is it mostly sitting out this round of late-stage mega-deal mania?
In the final segment of our Ask a VC on the road with David Hornik, he explains why the answer to missing out on Facebook early isn’t dumping money in at a… → Read More
SnagAJob.com, an online community of hourly workers and provider of hourly workforce management solutions, this morning announced that it has secured $27 million in Series C funding in a round led by August Capital.
Other private equity investors in SnagAJob for this and previous rounds of funding include Adams Street Partners, Baird Venture Partners and C&B Capital. The Series C round brings… → Read More
Recommendation engine StumbleUpon has just announced a $17 million Series B round of funding, from Accel Partners, August Capital, DAG Ventures, First Round Capital and Sherpalo Ventures.
StumbleUpon has had an interesting history, being snatched up by eBay in 2007 and then bought back by its founders for a rumored $29 million plus in 2009. Currently the service has 14 million users and now… → Read More
Ten years ago, most VCs refused to invest outside of Silicon Valley. Now, most of them have funds in Israel, Europe, India or China– and lately many of those Chinese funds are outperforming the US counterparts. But August Capital is still sticking with the kind of local venture capital that built this industry, and David Hornik explains why in this week’s episode of Ask a VC.
But, Portland? Yeah… → Read More
DotNetNuke Corporation, the owner and maintainer of the open source web application framework that goes by the same name, has raised $8 Million Series B funding from new investor UV Partners and prior backers August Capital and Sierra Ventures.
Online language learning community Livemocha has secured a healthy $8 million in Series B funding in a round led by August Capital, with participation from existing investor Maveron (a Seattle-based investment fund co-founded by Starbucks CEO and chairman Howard Schultz). Maveron invested $6 million in a previous round. → Read More
Thanks again to all of you who came out to our Real Time Stream CrunchUp and August Capital Summer Party. We broke 600 attendees to the Real Time Stream CrunchUp, double our initial expectations, and we hosted lots more of you at the August Capital outing. We had an amazing group of CrunchUp speakers to talk about new trends, boundaries and your passions. And we fit in 22 new product highlights… → Read More
The first quarter of 2009 wasn’t just a dry one for venture-backed exits, very little money went into the coffers of VC funds as well. According to data released today by the National Venture Capital Association, only 40 funds raised new money during the quarter, down from 71 the year before (1Q08) and 47 the previous quarter (4Q08). Out of the 40 funds, only three were brand new
In dollar… → Read More
August Capital just closed on a new $650 million venture fund, bringing its total capital under management to just under $2 billion. It is the 14-year-old firm’s fifth fund. The VC firm will continue to invest in early-stage startups, but will also look for opportunities on the other end of the growth spectrum, including spinoffs, buyouts, and PIPEs.
Raising that much money in this market is no… → Read More