August Capital actively invests across the information technology and business services sectors including software, hardware, storage, networking, microprocessors, Software as a Service and consumer Internet. They work with companies at all stages and they are typically a company's first professional investor. For potential next stage financings, August Capital discusses with management their business strategies. Together, they clarify objectives for the next round of financing. Then, the firm determines what financing sources can provide the greatest market leverage. When raising money, the firm also looks forward to the next round of financing, projecting potential next stage investors' business evaluation criteria. At each stage, they want companies to have the right level of capital to accomplish substantial business milestones and simultaneously maximize shareholder value.