Silverton Partners Plans to Raise $100 Million Venture Capital Fund

Silverton Partners, a venture capital firm founded in 2005, is raising a $100 million Silverton Partners V fund, according to documents filed with the Securities and Exchange Commission.

The Austin-based venture capital firm lists Adam Chibib, Michael Dodd, Morgan Flagler and Kip McClanahan as its general partners. Bill Wood, Silverton Partners’ founder, was not listed on the latest filing.

Silverton Partners previously raised funds totaling $150 million. It has made 82 investments in 40 companies, according to its Crunchbase profile. Its portfolio has had two Initial Public Offerings and ten acquisitions, according to Crunchbase.

Silverton provides seed stage and early stage funding and later stage venture funding as well as debt financing. The firm targets investments in software, enterprise software and identity management. Its initial investments usually range between $200,000 and $4 million, according to information on its website.

It invests primarily in Austin-based companies. Silverton has invested in OutboundEngine, WP Engine, The Zebra, Favor, TrendKite, Turnkey Vacation Rentals and more.

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