Amit Chowdhry | April 5, 2011 | 343 views | Add a Comment
Categorized under Austin Ventures, Canal Partners, Limos.com

Limos.com is an online market for limos and car rental. The company has recently raised $10 million in funding from Austin Ventures. Limos.com was founded in 2007 by former employees at Hotwire. They have previously raised $5 million from Canal Partners. The company is profitable and works with about 2,000 car service companies across the globe. They receive about 500,000 monthly unique visitors. [alarm:clock]
Amit Chowdhry | March 11, 2011 | 1,215 views | Add a Comment
Categorized under Austin Ventures, Brian Sharples, HomeAway

Last month I wrote about how HomeAway.com is in talks for a $300 million IPO. It turns out that HomeAway.com has filed for a $230 million IPO. HomeAway.com lets users rent houses, condos, etc. that the owners list. HomeAway has 500,000 listings across 145 countries. HomeAway made $167.9 million in revenues last year with a net profit of $16.9 million. Austin Ventures owns 24.4% of HomeAway and CEO Brian Sharples owns 3%. [Statesman]
Amit Chowdhry | February 20, 2011 | 863 views | Add a Comment
Categorized under Austin Ventures, Deutsche Bank, Goldman Sachs Group Inc., Goldman-Sachs, HomeAway, Institutional Venture Partners, IVP, JPMorgan, JPMorgan Chase and Co., Morgan Stanley, Redpoint Venture Partners, Redpoint Ventures, Technology Crossover Ventures

HomeAway.com is in talks with several banks about a $300 million IPO according to BusinessWeek sources. The banks that HomeAway is talking to include Morgan Stanley, Deutsche Bank AG, JPMorgan Chase & Co., and Goldman Sachs.

Amit Chowdhry | January 4, 2011 | 536 views | Add a Comment
Categorized under Austin Ventures, Dachis Group, Jeff Dachis, Razorfish

Dachis Group is a social media consulting firm that has raised $30 million in a second round of funding. Dachis Groups sells software to businesses that want to improve their brands through social media. Dachis Group was founded by Jeff Dachis, who co-founded Razorfish in 1995.

Amit Chowdhry | December 7, 2010 | 976 views | Add a Comment
Categorized under Adam Street Partners, Austin Ventures, Bevan Clark, Guy King, Norwest Venture Partners, RetailMeNot.com, WhaleShark Media

Australians Guy King and Bevan Clark launched RetailMeNot.com in 2007 at a cost of about $30. Recently the two have sold RetailMeNot.com for $90 million to WhaleShark Media. With about 95 million unique visitors per year, RetailMeNot.com is the most visited coupon website in the world.

Amit Chowdhry | April 17, 2010 | 1,152 views | Add a Comment
Categorized under Austin Ventures, Spredfast

Austin Ventures has invested $1.6 million Spredfast. Spredfast has a social media analytics platform. Spredfast’s dashboard works on Facebook, LinkedIn, Twitter, WordPress, Flickr, YouTube, Blogger, Lotus Live Connections, Drupal, etc. Spredfast’s basic services are free, but premium services cost $100 per month. [ReadWriteWeb]
Amit Chowdhry | December 4, 2009 | 1,380 views | Add a Comment
Categorized under Accel Partners, Austin Ventures, Brian Kelley, Complex Media, Iconix Brand Group, Marc Ecko, Marc Ecko Enterprises, Rich Antoniello

Marc Ecko Enterprises is struggling with debt, but their digital and print publication Complex Media has been attracting some investments. Complex Media raised $12.8 million in funding according to an SEC filing. The $12.8 million in funding was provided by Austin Ventures and Accel Partners. This is Complex’s first round of funding.
Complex Media is led by CEO Rich Antoniello and general manager Brian Kelley. Complex Media has a network of about 26 websites including OliviaMunn.com, PlanetXbox360.com, and Loud.com.
Complex Media isn’t the only Marc Ecko company that received a major investment. Marc Ecko Enterprises sold a majority stake for $108 million to Iconix Brand Group. Marc Ecko Enterprises includes several clothing lines, a video game division, and an online video network.
Amit Chowdhry | September 3, 2009 | 745 views | Add a Comment
Categorized under Austin Ventures, Dachis Group, Headshift

Headshift is a social media company that helps companies improve customer engagement and communication. Headshift started in 2003 and has services based in the U.K. and Australia. The company has clients in the legal, consumer products, health care, government, and publishing sectors. Some of their clients include AXA, BP, and BBC. Headshift was recently acquired by Dachis Group and Austin Ventures. The financial details of the acquisition were undisclosed. Before the acquisition, Dachis Group had about 6 employees.