FLOODGATE is a venture capital firm specializing in investments in seed/start-ups and early stage ventures. The firm will no longer invest in Austin companies that operate “on-demand” services. The firm seeks to invest in technology related sectors with a focus on new media, software, e-commerce, security and big data. It prefers to invest in companies located in either the San Francisco Bay Area. The firm typically invests between $0.15 million and $1 million. It prefers to invest alongside other experienced private investors or top-tier venture firms. FLOODGATE was founded in 2006.