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Article: JatoTech Ventures Announces New $55 Million Fund; Texas-Based VC Firm Funds Five Early Stage Technology-Based Companies.
- Article from:
- PR Newswire
- Article date:
- September 12, 2000
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AUSTIN, Texas, Sept. 12 /PRNewswire/ --
JatoTech Ventures, L.P., a new Texas-based venture capital firm, has announced its first fund, according to Walt Thirion and Molly Pieroni, co-founders and partners. The $55 million fund was raised through institutional and private investors in less than two months and already has invested more than $1 million each in four technology- based start-up companies and provided seed financing for a fifth.
Specializing in early stage ventures in the areas of networking, communications and Internet-related businesses, JatoTech's first fund will invest in eight to ten portfolio companies in the amount of $3 million to $5 ...