Tuesday, February 28, 2017

Silverton Partners Aims At New, $100M Fund

Austin-based venture investor Silverton Partners is aiming to raise $100M in a new, venture capital fund, Silverton Partners V, L.P., according to a regulatory filing by the firm. The filing indicates that the first investment in the fund has yet to occur, and there are as yet no LPs committed to the new fund. The new fund's General Partners are Adam Chibib, Michael Dodd, Morgan Flager, and Kip McClanahan. Silverton Partners has made investments in such companise as Silicon Labs, Tivoli, Convio, Vtel, UnboundID, CopperEgg, Crossroads, McData, and many others over its lifetime. Its last fund, Silverton Partners IV, was worth $75M.