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Silverton Partners
Silverton Partners is an early-stage venture capital firm headquartered in Austin, Texas. Founded in 2006, Silverton Partners focuses on the Seed and Series A rounds of a startup's lifecycle across a variety of industries including enterprise SaaS, cybersecurity, consumer marketplaces, financial services, insurance, real estate technologies, digital healthcare, etc. Silverton Partners is the longest running venture firm in Texas and has been named the most active venture capital firm in Texas for the seventh consecutive year by CBInsights. History Silverton Partners was founded by Bill Wood, a founder of Austin Ventures, in 2005. After initially operating as a family office, Silverton Partners launched Fund III as an institutional fund with $75 million in 2006, Fund IV with $75 million in 2013, and Fund V with $108 million in 2018. The firm is led by Managing Partner, Morgan Flager, and Partners, Kip McClanahan, Mike Dodd, and Roger Chen. In 2021, Silverton Partners’ Morgan F ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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UShip
uShip, Inc. is an Austin, Texas-based Internet company that operates uShip.com, an online marketplace for shipping services. Individuals and businesses post items they need shipped in a variety of categories, including auto transport, boat shipping, moving services, and the transport of heavy industrial equipment. Transportation service providers on uShip place competing bids for the right to haul a customer's shipment. For some categories, including boats, autos and less-than-truckload (LTL) freight, customers can select an upfront quote for transport services or enter an acceptable price to be matched with a transporter. Customers can book a shipment immediately from these quotes or opt to wait for auction bids, similar to eBay's "buy it now" feature. History CEO and founder Matthew Chasen developed the business plan for uShip while enrolled in the MBA program at the University of Texas McCombs School of Business with co-founders Jay Manickam and Mickey Millsap. In 2004, t ...
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Turnkey Vacation Rentals
A turnkey, a turnkey project, or a turnkey operation (also spelled turn-key) is a type of project that is constructed so that it can be sold to any buyer as a completed product. This is contrasted with build to order, where the constructor builds an item to the buyer's exact specifications, or when an incomplete product is sold with the assumption that the buyer would complete it. A turnkey project or contract as described by Duncan Wallace (1984) is: Turnkey contract is typically a construction contract under which a contractor is employed to plan, design and build a project or an infrastructure and do any other necessary development to make it functional or ‘ready to use’ at an agreed price and by a fixed date. In Turnkey contracts, most of the time employer provides the primary design. The contractor must follow the primary design provided by the employer. A turnkey computer system is a complete computer including hardware, operating system and application(s) designed a ...
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Tivoli Software
Tivoli Software encompasses a set of products originally developed by Tivoli Systems Inc. IBM bought the company and ran the operation as its Tivoli Software division. Additional products were acquired and run under the Tivoli portfolio brand. IBM began phasing out use of the Tivoli brand in 2013 and by 2016 had moved the portfolio products into a revised and rebranded hierarchy. History of Tivoli brand Tivoli Systems Inc. was founded in Austin, Texas in 1989 by Bob Fabbio and quickly joined by Peter Valdes, Todd Smith and Steve Marcie; all were former IBM employees. Bob Fabbio in an interview indicated the purpose was to provide systems management on systems from a diverse set of vendors while at IBM he had been directed to focus on IBM products only. As an independent software vendor Tivoli Systems developed and sold Tivoli Management Environment (TME) "systems management" software and services. The then CEO Frank Moss saw the company listed on NASDAQ in March 1995 and ...
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The Zebra
The Zebra is an insurance comparison site with headquarters in Austin, Texas. It compares rates from over 200 insurance carriers. History The Zebra was co-founded by Joshua Dziabiak and Adam Lyons. Originally named Insurance Zebra, the company was initially started in Pittsburgh, Pennsylvania while Lyons was living in a friend's basement and collecting unemployment checks. The Zebra was part of the Alpha Lab Incubator Program run by the Pittsburgh venture capital firm Innovation Works, where it gained the attention of venture capital fund Silverton Partners. During a private beta period, the company showed testers 280,000 quotes. The company received $1.5 million in seed funding from investors that included Mark Cuban, Silverton Partners, Floodgate, and Birchmere Labs. The funding was used to officially launch the website, with the company relocating to Austin, Texas. In September 2013, having closed a $3 million extended seed round, the company launched to the publi ...
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SpareFoot
SpareFoot is an Austin-based company that provides listings for self-storage units. The company was originally a person-to-person model, similar to Airbnb, that later developed into a marketplace for self-storage. The company now facilitates self-storage rentals between consumers and storage operators. The company was profiled as one of ''America's Most Promising Startups'' by Bloomberg Businessweek in 2011. SpareFoot lists storage business around a particular area to show available units and prices. Customers are able to view available units, real-time price quotes, view photos and make reservations. The company currently works with more than 10,000 storage facilities across the nation. In 2016, SpareFoot added valet-storage operators to its searchable database. This on-demand option, called Full-Service Storage, takes care of pick up, storage and return delivery on demand. As of 2017, SpareFoot's Full-Service Storage is available in almost 50 markets across the U.S. The compan ...
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Silicon Laboratories
Silicon Laboratories, Inc. (Silicon Labs) is a fabless global technology company that designs and manufactures semiconductors, other silicon devices and software, which it sells to electronics design engineers and manufacturers in Internet of Things (IoT) infrastructure worldwide. It is headquartered in Austin, Texas, United States. The company focuses on microcontrollers (MCUs) and wireless system on chips (SoCs) and modules. The company also produces software stacks including firmware libraries and protocol-based software, and a free software development platform called Simplicity Studio. Silicon Labs was founded in 1996 and released its first product, an updated DAA design that enabled manufacturers to reduce the size and cost of a modem, two years later. During its first three years, the company focused on RF and CMOS integration, and developed the world's first CMOS RF synthesizer for mobile phones which was released in 1999. Following the appointment of Tyson Tuttle as ...
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