Austin Ventures Commits $50 Million to Create Social Enterprise Software and Services Company
April 28, 2008 – 5:23 pmLocal venture capital firm Austin Ventures is contributing up to $50 million to create a company that will build a social networking platform for corporations.
Jeffrey Dachis, who led Razorfish during its reign as one of the original digital services firms, will be the chairman and chief executive officer of the new company, which will be based in Austin.
