In the News

The brains behind BitTorrent get on TV's good side (Q&A)
July 6, 2013
CNET - Joan E. Solsman July 6, 2013 12:01 AM PDT - The ex-president of BitTorrent, the peer-to-peer file-sharing service many associate with piracy, has jumped to the same team as television broadcasters with Flingo, a Shazam for video. And engineers from BitTorrent have joined him...

Gigwalk Does Temp-Worker Hiring Without Job Interviews
June 24, 2013
BloombergBusinessweek Technology - By Caroline Winter on June 24, 2013 - The rate at which you reply to e-mails may reveal your overall competence. At least according to Gigwalk, a company that helps businesses hire on-the-spot temporary workers. “If you reply within an hour, your success rate for completing a job ends up being about 97 percent,” says Gigwalk Chief Executive Officer Bob Bahramipour. “But if it takes longer than five hours, that number drops to 47 percent.”..

A new online lender for not-great borrowers
April 29, 2013
Crain's Chicago Business - By Steve Daniels April 29, 2013 - Al Goldstein, a Chicago entrepreneur who put payday lending on the Internet with Enova International Inc., has launched a new company making larger online loans to consumers whose credit is dented but not totaled.”..

Mavenir wins "Most Innovative Service Launch by IMS" and “Best VoLTE Product”
April 25, 2013
PRESS RELEASE April 25, 2013 PR Newswire - Mavenir Systems, a leading provider of software-based networking solutions, today announced that it had won two awards for its Voice over LTE (VoLTE) and Rich Communication Services (RCS) Solutions...

RelayRides - Carsharing catches on with Millennials
March 12, 2013
Fortune - Kurt Wagner, reporter (March 12, 2013) - When RelayRides CEO Andre Haddad isn't using his 2006 Porsche 911, he encourages strangers to drive it...

RelayRides - Make Your Car Pay for Itself by Renting It to Someone Else
March 4, 2013
Wired (March 4, 2013) - A year ago, San Francisco-based RelayRides launched nationwide with the idea that, just like people are willing to rent their homes to strangers to make some extra money, they’d be willing to do the same with their cars... - The price of reputation
February 23, 2013
The Economist | Print Edition (February 23, 2013) - Is the market for protected personal information about to take off?..

Tegile - Wins Best in Class in Flash Memory Storage Array
February 20, 2013
2013 DCIG Best in Class (February 20, 2013) - Today, DCIG published their inaugural 2013 Flash Memory Storage Array Buyer’s Guide. Tegile’s HA2800 is the only product in the group to achieve a “Best in Class” rating...

Tegile – Wins Gold in Storage Magazine Product of the Year Award
February 13, 2013
Storage Magazine (February 13, 2013) - Tegile Systems Inc.’s Zebi HA2800 Storage Array earns first place in the enterprise storage systems category in Storage magazine’s/’s 2012 Products of the Year competition...

Virsto - VMware to Acquire Virsto
February 11, 2013
VMware News Releases(February 11, 2013) - VMware, Inc. (NYSE: VMW), the global leader in virtualization and cloud infrastructure, today announced it has signed a definitive agreement to acquire Virsto® Software, a Sunnyvale, Calif.-based provider of software that optimizes storage performance and utilization in virtual environments...

The World’s Top 10 Most Innovative Companies in Big Data
February 11, 2013
Fast Company - Fast Company Staff(February 11, 2013) - Two August Capital portfolio companies, Splunk and RetailNext, named in top ten of most innovative companies in big data for 2013...

The Economist - We snoop to conquer
February 9, 2013
The Economist - From the print edition(February 9, 2013) - "Security cameras are watching honest shoppers, too" RetailNext in The Economist Retail Technology news...

RetailNext - Future of Retail: How Companies Can Employ Big Data to Create a Better Shopping Experience
August 31, 2012
Time Business Online - Christopher Matthews(August 31, 2012) - You don’t have to be a management consultant to know that we are all besieged by information, but it’s the consultant’s job to come up with a snappy buzzword to describe the phenomenon...

RetailNext - E-Commerce Style Big Data Analytics Meet Brick And Mortar Retailers
August 3, 2012
Forbes online; Tom Groenfeldt, Contributor (August 3, 2012) - Online stores have been testing their sites for years, playing with the design, figuring out where items should be positioned to catch the eyes of shoppers, figuring out how to position first, second and third offers...

Qualcomm Acquires Summit Microelectronics
June 18, 2012
Qualcomm - SAN DIEGO (June 18, 2012) - Qualcomm Incorporated (NASDAQ: QCOM) today announced that it has acquired Summit Microelectronics (Summit), a leading developer and provider of programmable power integrated circuits...

PubMatic Raises $45 Million in Mezzanine Financing Led by August Capital
June 6, 2012
PubMatic NEW YORK, NY (June 6, 2012) - PubMatic (, the digital media platform for publishers, today announced that it has raised $45 million...

ThreatMetrix Secures $18 Million Series D Financing
March 27, 2012
San Jose, CA (March 27, 2012) - ThreatMetrix™, the fastest-growing provider of integrated cybercrime prevention solutions, announced today that it has closed a Series D round of financing. August Capital led the investment...

Adara Media Secures $12.4 M in Financing Led by August Capital
January 24, 2012
Marketwire - Mountain View, CA (January 24, 2012) - Global precision marketing platform company Adara Media Inc. has secured $12.4 million in funding...

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 (, 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... 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 (, 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 ( 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 (, the world's leading auction site combining e-commerce and entertainment, today announced that August Capital ( 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 --, 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...