28 posts and columns on August Capital
News Byteacquire Virsto, a maker of software that specializes in optimizing storage in virtual and cloud computing environments. Financial terms were not disclosed. Virsto was founded in 2007, and had raised about $24 million in venture capital funding from August Capital, Canaan Partners, InterWest Partners, Southern Cross Venture Partners and Correlation Ventures. VMware shares fell more than 2 percent during the day, to $77.04 per share.
News ByteRelayRides, a car-sharing service which connects people with available cars nearby, has added an additional $3.6 million to its first round of capital. It has now raised $10 million. Shasta Ventures and Lisa Gansky, author of The Mesh: Why the Future of Business Is Sharing, are joining Google Ventures and August Capital in the round, which will pay for its expansion in San Francisco and Boston.