Austin has achieved more than 78% growth in the second quarter in the field of investment collections. Local businesses collected an amount of $175 million from investors as compared to $98.1 million same quarter last year. Mid-year comparison shows that Austin companies received $393.5 million as opposed to $179.9 million in 2013, as per Dow Jones VentureSource report.
The largest collections in investment came from the rifle-maker TrackingPoint with $29 million, followed by Skyonic Corp. at $12.5 million and MTPV Power Corp. with $11.2 million.
Silverton Partners, an Austin-based venture capital company, has completed three deals in the second quarter.
Read more about this story here