"David is a game changer and has turned technology investing into an art form. His run of successful companies is almost as unprecedented as what he has given back to the venture community through his lectures, writings and knowledge," said Jim Atwell, partner, Deloitte & Touche LLP, and national managing partner of Deloitte's Emerging Growth Company Practice.
"David and August Capital's investments continue to pave the way for the next generation of successful organizations like the ones represented on the Technology Fast 500. We are honored to present this award to David," said Garrett Herbert, Silicon Valley managing partner, Deloitte LLP.
From its inception, August Capital has funded an extraordinary group of entrepreneurs who have built significant, long-term value across the full range of information technologies. The organizations that August Capital's partners have backed represent an aggregate market capitalization of well over $250 billion, generate in excess of $75 billion in annual revenue and employ a quarter of a million people around the world. Their success is a testament to the entrepreneurs themselves, as well as the fundamental technologies they have created.
The award was announced last night at The Computer History Museum during the 2013 Deloitte Technology Fast 500 award ceremony. Winning organizations on the 2013 Technology Fast 500 that are, or have been, venture-backed by August Capital include Inrix and Splunk.