Texas Startup Blog written by Alexander Muse

G-51 Capital adds Rick Timmins

April 24, 2009

The G-51 guys, a seed-stage vc fund based in Austin, announced that they have recruited Rick Timmins to join their team.  Rick was a VP of Finance for Cisco and Motorola.  If G-51 is new to you, here are a few of their investments:

  • ReachForce - Delivers sales pipeline and website visitor profiling software (SaaS) for B2B Marketers to identify and target the right companies combined with role-based data solutions to discover the right buyers.
  • Pilot Software (acquired by SAP; NYSE: SAP) - Pilot provides operational performance management solutions — combining domain expertise, a proven approach and award-winning software — that enable organizations to rapidly align execution with strategy.
  • Digital Motorworks (acquired by ADP; NYSE: ADP) - Enterprise software for information management solutions in the automotive industry.
  • Psionic Software (acquired by Cisco Systems; NASDAQ: CSCO) -Provides computer security software.
  • Fracta Networks (acquired by Divine; NASDAQ: DIVN) - Web-based peer-to-peer knowledge management software.
  • Activerse (acquired by CMGI; NASDAQ: CMGI) - Enterprise software for instant messaging over the Internet.
  • Motion Computing - Designs tablet PCs for the way people work. Its customers experience tangible, measurable advances in productivity, without compromising their work styles to accommodate a machine.
  • Augmentix (acquired by Entorian Tech.; NASDAQ: ENTN) - Changing the face of mission-critical, applied computing with enhanced Dell PowerEdge™ servers for as little as half the price of comparable systems currently on the market.
  • AuctionDrop (acquired by Eco International)- Originated the eBay “drop off” store concept.
  • Memeo - Focuses on solutions that manage and protect your irreplaceable or sentimental digital photos and critical data files.
  • iTaggit - Provides Web-based services and products designed to help individuals manage their personal assets.
  • eRealty (acquired by Prudential; NYSE: PRU) - Internet based real estate brokerage for the residential market.
  • Sunset Direct (acquired by Rainmaker; NASDAQ: RMKR) - Direct Telemarketing database and marketing solutions.
  • TManage (acquired by MegaPath Networks) - Provider of nationwide remote networking solutions.
  • Hire.com (acquired by Authoria) - Enterprise solutions for talent acquisition and retention.

Anyone have any idea on the size of their last fund?  The amount of dry powder they have?  Love some details.