Austin Ventures near closing tenth fund, to hit $900 million target

Austin Ventures invests in both on early-stage technology ventures in Texas as well as technology, financial and information-service companies across the country. The firm is nearly done raising its tenth fund at its target $900 million, VentureWire reports.

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Eric wrote about digital media for VentureBeat until August 2009. To reach VentureBeat's current writers, email tips@venturebeat.com.

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