Former MySpace (NYSE: NWS) CEO Chris DeWolfe—who left MySpace last April—is back in the social media space via the acquisition of social games portal MindJolt. DeWolfe is partnering with fellow MySpace co-founders Colin Digiaro and Aber Whitcomb, along with VC firm Austin Ventures, to buy the company. He’ll also join…

CreditCards.com, the Bankrate-wannabe and credit card info site for consumers, has been taken over by its majority debt-owner American Capital (AC), we have learned. This comes after the Austin-based company defaulted on its debt payments to AC, which itself has been in recent trouble and restructured its own $2.4 billion…

Updated: Complex Media, the on- and offline media company founded by entrepreneur and artist Marc Ecko, has raised $12.8 million in funding, per an SEC filing. The new money comes from Accel Partners and Austin Ventures, and serves as Complex Media’s first round of funding as a standalone company. It…

Dachis Group, the rollup vehicle funded by Austin Ventures and founded by former CEO of Razorfish Jeff Dachis, has made its first acquisition: London-based social media agency Headshift. AV funded the new group to the tune of $50 million, to buy companies in the corporate social networking software and services…

Austin Ventures has invested about $20 million more in Asset International, the B2B online/print financial information provider headed by Jim Casella, the former CEO of Reed Business U.S. The company confirmed the new funding to me, after an SEC filing on it came out yesterday. This is in addition to…

Digital music service Slacker Radio has picked up a $5 million bridge round of financing, according to VentureWire, citing a regulatory filing. Existing backers Sevin Rosen Funds, Rho Ventures, Centennial Ventures, Mission Ventures and Austin Ventures all participated in the latest round. Slacker has raised $58.5 million in funding since…

Austin Ventures, the PE firm, has acquired B2B online/print financial information provider Asset International, a Stamford, CT, which focuses on pension funds, asset managers, and other financial institutions. AV has also invested an undisclosed amount of capital into the company. Jim Casella, the former CEO of Reed Business U.S., who…

Wow…this one blew up big time. Entrepreneur Media, the Irvine, CA-based parent of Entrepreneur magazine, has called off the sale of its company at the last second. In a memo to employees on Thursday, obtained by Folio, Entrepreneur CEO Peter Shea announced the decision not to proceed with the sale.…

Entrepreneur Media, the Irvine, CA-based parent of Entrepreneur magazine, has been hitting last minute snags in its deal to be sold to Austin Ventures, NYP’s Keith Kelly is reporting. Earlier last month, we reported that it was being bought by AV (the majority) and another private equity firm for close…

Pulling the covers off of another rollup, Austin Ventures will invest $50 million into ATCOR Holdings, a new digital media vehicle headed by Sherman Atkinson, formerly COO of MySpace incubator Intermix. Atkinson was already known to be cooking something up with the firm as a CEO-in-residence. AV has now announced…

Entrepreneur Media, the Irvine, CA-based media company which focuses on small-business owners, is being bought by two private equity firms, and Austin Ventures is the lead, paidContent.org has learned. The sale price is going to be less than $200 million, in the lower range of what it was expecting….the company…

Austin Ventures, the VC and private equity firm, has launched its eighth mini-rollup fund in the last five years, and this is an intriguing one: it is putting $50 million into a vehicle led by former CEO of Razorfish, Jeff Dachis, to build an Austin-based corporate social networking software and…

Austin, TX-based Click Forensics, a provider of technology to combat click fraud, has raised a $10 million second round led by previous investors Austin Ventures and Shasta Ventures. The company previously raised $5 million last year, so it’s total haul now stands at $15 million. Funding will help the company…

Austin, TX-based NetStreams, which offers users an advanced platform for managing their home entertainment, has raised an $18.2 million second round from Austin Ventures, which backed the company in its unspecified first round in 2004. The company sells systems that allow users to manage all of their audio and visual…

Divorce360, an online guide for people going through a divorce, has raised a $2.5 million first round lead by Austin Ventures, according to TechCrunch. Other than the key focus, the site is similar to TheKnot.com, in that it offers a range of content—blogs, advice columns, videos, community forums, etc.—while making…

Austin, TX-based On Networks, a distributor original online video, has raised a $12 million second round led by Accel Partners. Also participating in the round were previous investors Austin Ventures and AT&T, (NYSE: T) which were involved in a $4 million first round last year, according to the Austin-American Staesman,…