Austin Ventures near closing tenth fund, to hit $900 million target
Austin Ventures invests in both on early-stage technology ventures in Texas as well as technology, financial and information-service companies across the country. The firm is nearly done raising its tenth fund at its target $900 million, VentureWire reports.
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About the Author, Eric Eldon
Eric currently covers digital media technology and business news, especially what's happening on social networks and their platforms. He also writes and edits stories about venture capital, and lots of other stuff, too. He started at VentureBeat in the spring of 2007, half a year or so after Matt Marshall left his reporting job at the San Jose Mercury News to found the site. Eric previously cofounded a startup called Writewith, that was building editorial software for newspapers and other groups of writers. The startup didn't work out, but he learned a lot.