About August Capital


August Capital was founded in August of 1995 by David Marquardt and John Johnston, both formerly of Technology Venture Investors (TVI). The firm currently has over $1.3 billion under management and focuses on investing in early stage technology companies.

Early stage investments of the firm's partners include Microsoft, Adaptec, Compaq, Sun Microsystems, Seagate, Intuit, Sybase, Visio, Actel and ViewLogic. In addition, members of the August team have been founders of numerous companies including Wired Digital, MMC Networks, Cobalt Networks and Transmeta. Together, the partners bring over 60 years of investment experience and their investments have created in excess of $400 billion dollars in equity value.

August takes a relatively unique approach, even within the early-stage venture community, by focusing on long-term deep technology bets driven by visionary entrepreneurs. Every venture capital firm makes tradeoffs when it establishes its investing priorities. Our priorities include

Great entrepreneurs
Although recruiting a good management team is often a prerequisite for long-term success, the firm's approach is to first and foremost work with visionary, passionate entrepreneurs who can drive the company and its products.

Deep Technology
Identifying the right product and market are essential components of any business plan. However, August specifically looks for companies that have deep technology and a sustainable advantage. We do not use consultants for our due diligence and attempt to understand our companies' products and technologies thoroughly.

Long-Term, Large Bets
Great companies are not created overnight, and much of the early years are spent sowing the right seeds in culture, strategy, and technology. The majority of the wealth created by our partners' investments is created after the companies go public. Due to the early-stage, hands-on focus, the partners make relatively few investments, and serve on an average of five boards each.