Austin venture capital firm to raise $100M fund for investing in local tech companies

Silverton Partners has set a $100 million goal for its fifth venture capital fund, according to a securities filing, a big new pool for local companies to tap into when searching for growth capital.
It would the largest investment vehicle yet for the Austin-based VC firm and a promising sign for the local startup funding scene, which is still without a dominant player after Austin Ventures in early 2015 pulled back from early-stage funding. Venture investment in Austin businesses dropped sharply…

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