Since its formation in May 2002, nanoCoolers has raised over $15 million in equity financing, including $11.3 million which closed in December 2003. The company's investors include Austin Ventures and Draper Fisher Jurvetson as well as individual and strategic investors.
Austin Ventures has been working with talented entrepreneurs to build valuable companies since 1979. With $2.4 billion under management, they are the most active venture capital firm in Texas, and one of the most established in the nation. The firm's primary areas of investment focus are enterprise software, computer and communications hardware, and business services. They invest at all stages of company development, from $100,000 "planned experiments" to $50 million investments in management buyouts. More than two-thirds of Austin Ventures investment activity is centered in Texas, where they believe they have an unparalleled network of entrepreneurs and operating executives to assist their portfolio companies. They invest the remainder of their capital nationally, in companies which have exceptional leadership and compete in markets they know especially well.
Draper Fisher Jurvetson is the premier early stage venture capital firm. Founded in 1985, Draper Fisher Jurvetson has created a global network of affiliated venture funds with approximately $3 billion in capital commitments and offices in the major technology centers around the world. Headquartered in Silicon Valley, the firm has proven expertise in identifying and helping extraordinary entrepreneurs who want to change the world.
