Deloitte Names David Hornik of August Capital "Venture Capitalist of the Year"

August Capital backs Inrix and Splunk of the 2013 Deloitte Technology Fast 500™ award recipients

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Nov 13, 2013, 04:48 ET

SAN JOSE, Calif., Nov. 13, 2013 /PRNewswire/ -- Deloitte has honored David Hornik, general partner at August Capital, as Silicon Valley Venture Capitalist of the Year. The honor, sponsored by Deloitte, Cooley LLP, Cresa, RGP, Silicon Valley Bank and Wells Fargo Insurance Services, is presented to a venture capitalist with an impressive track record of identifying, developing and encouraging emerging businesses.

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"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.

For more information on David Hornik, click here. For additional detail on the Technology Fast 500™ including the complete list and qualifying criteria, visit www.fast500.com

As used in this document, "Deloitte" means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

SOURCE Deloitte