Austin Attorneys See More Startup Funding, IPOs

Law360, New York (March 30, 2011, 5:59 PM ET) -- Fledgling companies based in Austin, Texas, are enjoying a surge in investments to help them get off the ground, while the city's more developed companies are increasingly tapping into capital markets through initial public offerings, attorneys say.

Against the backdrop of an improving economy, private funding sources like venture capitalists and private equity firms have reasserted themselves as major sources of available cash for the tech-savvy startups and early-stage companies that commonly sprout in Austin, according to experts.

"Austin is definitely the startup capital of Texas,"...
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