Austin Ventures Adds Partners

Austin, Texas-based venture capital firm Austin Ventures said this week that it has promoted four of its members to the role of partner. Craig Milius, Michael Rovner, Phil Siegel, and Krishna Srinivasan were all promoted to Partners at the firm. Austin Ventures managed $3B in venture capital. Milius has been at Austin Ventures since August 2000; Rovner since September 2000; Siegel since October 1999; and Srinivasan since February 2000.