August Capital

INRIX Completes Acquisition of Leading European Traffic Information Company ITIS Holdings
August 22, 2011
Kirkland, Wash. USA and Altrincham, UK (August 22, 2011) - INRIX, Inc., a leading international provider of real-time traffic information and connected driving services, announced today that it has completed the acquisition of ITIS Holdings plc,...

RelayRides raises $10M to expand service, attract members
August 17, 2011
CarTech Blog, Cnet (August 17, 2011) - RelayRides announced that it raised $10 million in series A.2 financing...

KAR Announces Agreement to Acquire OPENLANE
August 15, 2011
KAR, Carmel, IN.(August15, 2011) - KAR Auction Services, Inc. (NYSE:KAR) announced today that its subsidiary, ADESA, Inc., has signed a definitive agreement to acquire the equity of OPENLANE, Inc....

Merriam-Webster Partners with Livemocha, Collins
June 7, 2011
Publishers Weekly (June 7, 2011) - Merriam-Webster is teaming with Livemocha and U.K.-based Collins...

Mavenir Systems raises $40Million in Series E funding
May 30, 2011
Richardson, TX (May 30, 2011) - Mavenir Systems, the leading innovator of mobile infrastructure solutions for LTE operators, today announced it has raised $40 million...

Livemocha Challenges Rosetta Stone
September 15, 2010
PC World - Web (September 15, 2010) - Confession time: If there’s such a thing as a language-learning gene...

Deliberateness Is A Good Thing
September 1, 2010
peHUB Wire (September 1, 2010) - The venture capital community has been getting slammed recently for moving too slowly...  

Zulily raises $6M Series B Financing
August 4, 2010
peHUB Wire (Augsut 4, 2010) - Zulily, a Seattle-based private shopping site for children’s items, has raised $6 million in Series B funding.... 

Google Ventures-Backed Pixazza Raises $12M July 18, 2010
TechCrunch (July 18, 2010) - Pixazza, a Google Ventures-backed photo tagging service that has been compared to "AdSense for Images", has raised $12 million...

SuVolta, Inc. Closes $22M Financing
May 5, 2010
peHUB Wire (may 5, 2010) - SuVolta Inc., a Los Gatos, Calif.-based developer of low-power CMOS semiconductor technology, has raised $22.17 million in new equity funding...

Iron Mountain Acquires Mimosa
February 22, 2010 
BOSTON (Feb. 22, 2010) - Iron Mountain Incorporated (NYSE: IRM), an information management services company, today announced it has acquired Santa Clara, Calif.-based Mimosa Systems, Inc...

Google Acquires Aardvark
February 12, 2010
GOOGLE Website --...we're excited to announce that we've acquired Aardvark, a unique technology company...

DotNetNuke Corp. Lands $8M Series B
February 9, 2010
SAN MATEO, Calif. – February 9, 2010 – DotNetNuke Corp., the company behind the most widely adopted Web Content Management Platform for Microsoft® .NET, today announced it has secured an $8 million Series B financing... 

Livemocha Raises $8 Million in Series B Funding
December 22, 2009
Bellevue, WA (PRWEB) December 22, 2009 -- Livemocha (www.livemocha.com), the world’s largest language learning community, today announced that the company has raised $8 million in a Series B...

MSP Software Provider PacketTrap Acquired
December 3, 2009
Posted December 3rd, 2009 by Joe Panettieri - PacketTrap Networks, which specializes in monitoring software for managed service providers, has been acquired...

PulseCore Acquired by ON Seminconductor
November 4, 2009
ON Semiconductor Corporation has recently completed the acquisition of privately-held PulseCore Holdings (Cayman) Inc...

Swoopo - Sites Ask Users to Spend to Save
August 17, 2009
New York, NY - August 17, 2009 (New York Times)
Executives at Entertainment Shopping, the German company that runs Swoopo, say that the auctions are fun and challenging while offering the possibility of a killer deal...

Bill.com Secures $8.5 Million in Venture Financing
August 4, 2009
August Capital Joins Emergence Capital and DCM in Latest Funding Round for Online Bill Management and Payment Leader...

August Capital leads $7M investment in Virsto Software
June 25, 2009
Virsto Software (www.virsto.com), an innovator in storage solutions for virtual servers, announced today it has completed its Series A round of funding, raising $7 million...

Intuit to buy online payroll co PayCycle for $170M
June 3, 2009
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU) has signed a definitive agreement to purchase PayCycle Inc., one of the nation’s fastest-growing online payroll services, serving more than 85,000 small businesses...

 eBay sells StumbleUpon back to founders
April 14, 2009
April 14 /ITWire/ -- Just as we had been getting excited about the notion of the original founders, and sellers,  buying back Skype from eBay with a billion dollar discount so the founders of StumbleUpon (www.stumbleupon.com) come out of left field and surprise us with their own purchase...

August Capital Invests In Swoopo
April 2, 2009
CUPERTINO, Calif., April 2 /PRNewswire/ -- Swoopo (www.swoopo.com), the world's leading auction site combining e-commerce and entertainment, today announced that August Capital (www.augustcap.com) has invested in the company, joining Wellington Partners who invested in late 2006. Swoopo transforms online auctions by enabling users to strategically place winning bids for goods at a fraction of their retail cost...

Internet Startup, Pixazza, Raises Series A Financing from Google and Venture Capital Firms
March 25, 2009
Mountain View, Calif. — March 25, 2009 — Pixazza, Inc. today unveiled a new internet service which turns static images into engaging content, while generating incremental income for web publishers. Pixazza enables consumers to simply mouse over images on their favorite web sites...

August Capital V: We Are Long on Human Innovation
March 19, 2009
By David Hornik on March 19, 2009 - It is a challenging fundraising environment out there for sure. And that is not just for startups. This economic crisis has far reaching-tentacles. As the public markets have declined, so too have the liquid portfolios of universities, endowments, foundations...

Godfrey Sullivan, former Hyperion CEO, Joins Splunk as CEO
Sept. 3, 2008
SAN FRANCISCO – September 3, 2008 – Splunk, the IT Search company, today announced that Godfrey Sullivan, former President and CEO of Hyperion Solutions- has agreed to join Splunk as President and CEO and will join the board of directors....

McAfee Acquires Reconnex
August 14, 2008
On August 14, McAfee®, Inc. (NYSE: MFE) acquires Reconnex, Inc. a leading data loss prevention (DLP) company with unique technology that learns and adapts to automate the ongoing protection of data. A privately held company based in Mountain View, California,...

Ebates Names Kevin Johnson CEO
July 15, 2008
SAN FRANCISCO, July 15, 2008 -- Ebates.com, the pioneer of online cash back shopping, today announced Kevin H. Johnson as the new CEO of the company, taking over for founder and former CEO Alessandro Isolani. Johnson has more than ten...

Jaxtr Completes $10 Million Series B Financing
June 24, 2008
MENLO PARK, CALIF. - June 24, 2008 – Jaxtr™, the company that links your phone to the Web, today introduces the freedom for members to call anyone in the world on their mobile phone without the worry of a huge...

Openlane Closes $25 Million in Funding
May 27, 2008
MENLO PARK, Calif., May 27, 2008 – OPENLANE, Inc., the leading online auction company in North America for automotive dealers to buy and sell wholesale vehicles, today announced the Company has closed a $25 million funding round led by Meritech...

Mimosa Raises $17 Million in Mezzanine Financing
May 20, 2008
SANTA CLARA, Calif. — May 20, 2008 — Mimosa Systems, a leader in live content archiving solutions, today announced that it has closed $17 million in mezzanine financing. Focus Ventures led the funding round, joined by current investors August Capital,...

Welcome Howard Hartenbaum
April 14, 2008
As posted by David Hornik on VentureBlog: When I first started talking to my now-partners about joining August Capital, I was stunned at the slow pace of the conversation. I couldn't imagine how it could take months to make a...