August Capital hopes to nurture young companies that will one day grow to a ripe old age. The venture capital firm focuses on long-term investments in early-stage technology companies involved in the communications, semiconductor, software, storage, and Internet services sectors. Founded in 1995, August Capital has invested in more than 75 companies and manages approximately $1.3 billion of capital. Past investments include Cobalt Networks, Evite, Tickle, and Tumbleweed Communications; more recent portfolio holdings include Alibre, Broadlogic, and Scintera Networks.