MicroVentures Marketplace, an Austin-based company, raised around $50 million from its investments or portfolio companies.
The company started its operations in the year 2009. It is a startup provider of small investments. It currently has 12 employees in their San Francisco and Austin offices. Based on the Thursday news, MicroVentures Marketplace has more than eighty investments.
Bill Clark, the founder of the company, said that their aim is to create a platform for investors and startup businessmen.
The companies in Texas contribute to 10% of MicroVentures’ investments. Pristine Eyesight Inc. and Structured Polymers Inc. are some of its portfolio companies.