One of Austin's longest-tenured venture capital firms has raised hundreds of millions of dollars to invest mostly in Texas startups.
Silverton Partners LP announced July 6 it has raised $248 million across two funds: one dedicated to making early-stage investments in small, technology-oriented businesses and another to pump additional money into existing portfolio companies.
A total of $177 million was raised for its latest flagship fund, Silverton Partners VII LP, and $71 million was raised for…