Monday, January 2, 2012

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

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is AV's latest launch in its CEO-in-residence program. The companhy has been formed in partnership with local software executivex Scott Harmon and Sean who are serving as CEO and chief operatingyofficer respectively. Brazos will focus on buying andexpanding well-establishexd software companies with solids track records of success. Harmon is a software sector veteran and has held leadership posta with companies such as Tivol Systems andMotive Communications. Fallonj was most-recently senior vice president of Trilogy where he investe morethan $100 million in capitapl and led the company's merge r and acquisition initiatives.
“With Scottt and Sean, we believe we have put togethefr a truly dynamic and complementary software executive saidMichael Rovner, AV Partner. “Betweenm Scott’s track record of growing innovativeand category-leading softwar companies and Sean’s history of acquiring and efficientlyy operating software businesses, we have the righg leadership team to creatre a highly successful software company.” Harmon said the partnership with AV offers a uniqude opportunity.
“AV has made a significantt investment commitmentto Brazos," he "They also bring a deep understanding and successfulo track record of building a company’s long-term operating successd while simultaneously generating superior returns for the company’s investors and shareholders.”

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