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August Capital taps early Skype investor

The San Francisco-based venture firm has hired former Draper Richards partner Howard Hartenbaum.

San Francisco-based August Capital has hired Draper Richards partner Howard Hartenbaum, one of the earliest investors in internet phone company Skype.

Hartenbaum, a former ergonomic engineer for Honda and business development officer at Hughes Electronics, will join the six partner August Capital, according to a blog post from August partner David Hornik.

Hartenbaum made a name for himself when he led the founding investment in Skype, the prominent internet phone company now owned by Google. Forbes magazine named him one of the top venture capitalists of the year for 2006-2007.

Subsequent venture investors in Skype included Draper Fisher Jurvetson and Index Ventures.

Founded in 1995 by Technology Venture Investors spin-outs David Marquardt and John Johnston, August capital currently has over $1.3 billion (€824 million) under management and focuses on investing in early stage technology companies.

Past investments made by August Capital include Symantec, a leader in virus protection software, and computer-maker Compaq.