Thursday, January 6, 2011

Austin Ventures launches Brazos Software Corp. - Dallas Business Journal:

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is AV's latest launch in its CEO-in-residence The company has been formed in partnershi with local software executives Scott Harmon and Sean who are serving as CEO and chief operating officer Brazos will focus on buying andexpandinbg well-established software companies with solid track records of Harmon is a software sector veteran and has held leadership posts with companies such as Tivol Systems and Motive Communications.
Fallon was most-recentlyt senior vice president of Triloggy where he invested morethan $100 million in capita and led the company's merger and acquisition “With Scott and Sean, we believe we have put togethedr a truly dynamic and complementary software executive team,” said Michaelo Rovner, AV Partner. “Between Scott’s tracmk record of growing innovativeand category-leadinbg software companies and Sean’s historu of acquiring and efficiently operating softwarew businesses, we have the right leadership team to creats a highly successful software company.” Harmon said the partnership with AV offersw a unique opportunity.
“AV has made a significant investmentg commitmentto Brazos," he said. "Thegy also bring a deep understandinf and successful track record of buildinga company’d long-term operating success while simultaneouslh generating superior returns for the company’s investors and shareholders.”

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