The Zebra Moves Into Chic New Eastside Headquarters

The first time Silicon Hills News met The Zebra, the two founders showed up at Longhorn Startup Demo Day in 2013 to meet Billionaire Mark Cuban. They had sent a cold email to Cuban who invested in The Zebra despite never having met the founders. That night at the Lady Bird Johnson Auditorium at the […]

MassChallenge Texas Awards $500,000 to Five Startups

TRAXyL, a startup that installs high-speed Internet on roadways, received the top prize of $150,000 in cash from MassChallenge Texas in Austin on Thursday night. The company,  based in Warrenton, Virginia installs high-speed fiber optic cable on roads, and parking lots. It coats the fiber optic cables in heavy-duty paint that can be glued on […]

Tenfold Raises $7.5 Million in Additional Funding

Tenfold, one of Silicon Hills News’ 25 hottest Austin startups to watch in 2019, recently announced it has raised $7.5 million in additional funding. The Austin-based company, which integrates customer relationship management programs with voice platforms, announced it has raised a Series C funding round lead by Austin-based Next Coast Ventures. To date, Tenfold has […]

Reset is Helping Austin Restaurants Monetize Their Space During the Day for Events and Coworking

When Christine Ziegler needed a place for 35 employees to meet off the BigCommerce campus, she turned to Reset. Reset offered up a few venues and Ziegler picked the Tillery Kitchen and Bar at 3201 E. Cesar Chavez. The restaurant features spacious and comfortable indoor seating with big windows and lots of natural light and […]

Austin-based Eterneva Lands an Investment from Billionaire Mark Cuban on Shark Tank

Diamonds are made from carbon and people are made up of carbon, so why not make diamonds out of people? That’s the bright idea behind Eterneva. And it landed the Austin-based startup a $600,000 investment from Billionaire Mark Cuban on Shark Tank, which aired last Sunday. Adelle Archer and Garrett Ozar, co-founders of Eterneva, had […]

San Antonio-based Dura Software Raises $10 Million in Funding

San Antonio-based Dura Software announced Friday that it has raised $10 million in funding. The company reported it was the largest round raised in San Antonio this year. In addition, Dura Software bought 6Connex, based in Pleasanton, Calif. The company makes virtual event software. Dura Software, founded in 2018, acquires and operates business to business […]

Exploring Space, Travel, and Colonization at SpaceATX

Space is big business in Texas and it’s getting bigger. To explore the industry and its impact in Austin and San Antonio, Silicon Hills News is putting on its first space industry conference: SpaceATX: Space the Next Frontier: Exploring Space, Travel and Colonization. SpaceATX is focused on Texas’ booming space industry and geared to those […]

Trust Ventures of Austin Raises $70 Million in a Second VC Fund to Invest in Startups Disrupting the Status Quo

In June of 2018, Silicon Hills News wrote about Trust Ventures raising a $35 million fund to invest in innovative startups facing public policy barriers. On Friday, Austin-based Trust Ventures announced the close of its second fund, with more than $70 million in committed funds with a goal of reaching $100 million. The venture capital […]

Austin-based RigUp Lands $300 Million in Funding led by Andreessen Horowitz to Expand its Labor Marketplace for the Energy Industry

In one of the largest funding deals for an Austin-based startup ever, RigUp announced on Thursday that it has raised $300 million led by Andreessen Horowitz, a16z. That brings the total raised by RigUp, founded in 2014, to $423.8 million. The Austin-based company is an online marketplace for services and labor for the energy industry. […]

UT Austin Engineering Professor John B. Goodenough Wins Nobel Prize in Chemistry

The University of Texas at Austin has a new Nobel Prize winner in chemistry: John B. Goodenough, a professor in the Cockrell School of Engineering. The Royal Academy of Sciences Wednesday awarded the 2019 Nobel Prize in Chemistry to Goodenough along with Stanley Whittingham of the State University of New York at Binghamton and Akira […]

Ten Startups Pitch at Techstars Impact Demo Day in Austin

For the past three months, Cowtribe Cofounders Peter Awin and Alima Bawah, have rented apartments throughout Austin after moving more than 6,000 miles from Ghana to participate in the Techstars Impact program. “We have had a great experience,” Awin said. “We’ve gone from one apartment to another trying to understand the culture here.” Cowtribe participated […]

Artificial Intelligence Startup SparkCognition Raises $100 Million in Additional Funding

SparkCognition announced Tuesday that it has raised $100 million in additional VC funding. March Capital Partners led the Series C round. To date, the Austin-based startup, founded in 2013, has raised $175 million. “In a short few years, SparkCognition has proven itself to be one of the leading industrial AI companies in the world,” Sumant […]

Hello World and RetailMeNot Work Together to Bring STEM Opportunities to Austin Students

By Sabina Bharwani, Founder and CEO of Hello World Contributed Post to Silicon Hills News Throughout the 2018-2019 academic year and this fall, RetailMeNot has quietly donated significant funds for computer science education to over 500 students across Harmony Public Schools Austin. Through a partnership with Hello World, 4th-7th-grade students across four Harmony campuses work […]

Austin Tech Events to Attend in October

It’s under 100 degrees in Austin so that can only mean one thing: it is Fall! And while temperatures might be cooling off a bit, the Austin Startup and Technology scene is heating up. Lots of cool, fun events to attend in October. And Silicon Hills News is a month away from hosting its first […]

PreFix Closes on $2.7 Million in Funding to Bring Home Maintenance to more Homeowners

PreFix announced Wednesday that it has closed on $2.7 million in funding. The Austin-based home maintenance startup reported that Chicago Ventures led the seed-stage round, which was oversubscribed. To date, PreFix has raised $5 million. Other investors included Brand Foundry Ventures, Brian Spaly, founder of Bonobos and Trunk Club, Paul Hedrick, founder and CEO of […]

Austin-based Cybersecurity Startup Threatcare is Acquired by Tampa-based ReliaQuest

Threatcare, an Austin-based cybersecurity firm founded by Marcus J. Carey, has been acquired by Tampa-based ReliaQuest. The financial terms of the acquisition were not disclosed. Under the deal, Carey will join ReliaQuest’s office of the Chief Technology Officer and the rest of the Threatcare team will join ReliaQuest in various roles. ReliaQuest plans to integrate […]

Diligent Robotics Lands $3 Million in Funding and Launches its Hospital Assistant Robot Moxi

Diligent Robotics has launched its first product, a hospital assistant named Moxi. The Austin-based company has been beta testing its robot and starting Wednesday Moxi will be working fulltime in a Texas hospital. Diligent Robotics also announced it has raised $3 million in seed-stage funding to fuel the launch of Moxi. True Ventures and Ubiquity […]

TiE Austin is Hosting a Pitch Competition Open to Startups that have Gone Through an Accelerator Program

TiE Austin is holding a pitch competition open to startups that have been through an accelerator program. It’s targeting startups that have graduated from an Austin-based accelerator program in the last three years, raised no more than Series A funding, said Tejal Sahasrabudhe, executive director of TiE Austin. The TiE Austin chapter is part of […]

OJO Labs Acquires Austin-based RealSavvy

OJO Labs has acquired Austin-based RealSavvy to create an even bigger platform for real estate brokers, agents, and teams and the customers they serve. The companies did not disclose the financial details of the deal. RealSavvy, founded in 2014, has become a popular real estate software platform, dubbed the Pinterest for Real Estate, aimed at […]

Fetch Raises $10.5 Million to Help Apartment Dwellers Get Packages

Fetch Package, a last-mile package delivery service aimed at apartment dwellers, announced recently that it has raised a $10.5 million round of funding. Signal Peak Ventures led the Series A financing round with participation from previous investors including Silverton Partners and Capital Factory. To date, the company has raised $14 million. Fetch, founded in 2016 […]

Spiceworks Uses Data and Analytics Powered by AI to Connect IT Professionals to Brands

In 2005, Jay Hallberg, founder, and chairman of Spiceworks met with three friends in Austin to create what has become Spiceworks. They wanted a place where IT professionals could connect and talk about technology. That free platform evolved into a sophisticated social network for IT professionals. Recently, Ziff Davis acquired Spiceworks. The company just held […]

One of the Secrets of Sand Hill Road is for Entrepreneurs not to Mitigate Risks for VCs but Instead to Swing for the Fences

At Austin Startup Week, Scott Kupor, author of Secrets of Sand Hill Road, brought a bit of Silicon Valley big thinking to Austin. Kupor, managing partner at Andreessen Horowitz, has overseen the firm’s growth to 150 employees and more than $7 billion in assets under management. Its portfolio companies include Lyft, Airbnb, Facebook, Slack, Instacart, […]

Don’t Boil the Ocean and Other Words of Advice from Austin VCs to Entrepreneurs

Venture capital investment in Austin has been on the rise. VC funding hit $1.3 billion in 2018, the highest on record since the dot-com boom in 2000, according to the MoneyTree Report from PwC and CB Insights. That’s up 70 percent from $783 million in 2017. Yet California deals still get more than 50 percent […]

Ford Launches Self-Driving Vehicle Testing Program in Austin

Four years ago, Google’s self-driving car expert said he hoped Austin would have autonomous vehicles commercially available for the public to ride in on the city’s streets by 2019. That vision hasn’t exactly come to fruition. But it’s becoming closer to reality with the testing of a driverless shuttle at the Austin Bergstrom Airport earlier […]

Kendra Scott Unveils the New Kendra Scott Women’s Entrepreneurial Leadership Institute at UT Austin

The introduction of the new Kendra Scott Women’s Entrepreneurial Leadership Institute at the University of Texas at Austin had all the trappings of Hollywood with bright lights, lively music and dramatic backdrops. UT Austin President Gregory L. Fenves took to the stage at the Bass Concert Hall with orange lights illuminating his way and a backdrop […]

CyberFortess of San Antonio Lands $3 Million in Funding to Develop its Insuretech Product

CyberFortess, an insuretech startup, announced Wednesday that it has received $3 million in seed-stage funding. The San Antonio-based startup, founded in 2018, plans to use the funding to hire additional employees, develop its product and launch into the Texas market early next year. Greycroft and LiveOak Venture Partners led the round. Existing investor Monte Tulum […]

ZenBusiness Lands $15 Million in Funding to Help Small Businesses Launch and Run Effectively

ZenBusiness, an online platform to help small businesses incorporate and stay complaint with regulators, announced Wednesday that it has raised $15 million in additional funding. The Austin-based company, founded by Russ Buhrdorf, the former founding Chief Technology Officer for HomeAway, has previously raised $4.5 million in seed-stage funding last year. ZenBusiness’ platform makes it easy […]

Austin Ranks First as the Hottest Real Estate Market in the Country

Austin ranks number one as the hottest real estate market in the country, according to the Emerging Trends in Real Estate 2020 report. PwC US and the Urban Land Institute released the report this week which also included another Texas city: Dallas/Fort Worth, which claimed the sixth spot. Others in the top ten included Raleigh-Durham […]

MassChallenge Texas in Austin Names 14 Finalists to Compete for $500,000 in Cash Prizes

MassChallenge Texas has named 14 companies as finalists for its second annual Austin-based accelerator program. The companies will compete for $500,000 in equity-free cash prizes at the MassChallenge Texas Austin Awards ceremony on Thursday, Oct. 17th at the Hilton Austin. The Awards Ceremony will include keynotes from Texas-based influencers Sara T Brand of True Wealth Ventures and William […]

Smarter Sorting Lands $17 Million in Additional Funding

Smarter Sorting, an Austin-based startup that helps companies recycle chemicals, announced it has raised $17 million. The company, founded in 2017, has raised $25 million to date. US Ecology, a leading regulated waste treatment, and disposal company led the latest round of funding, followed by RTP Ventures and a group of independent industry experts. Smarter […]

Austin-based Gardenio Caters to Millennials Looking to Grow Their Own Food

At Brown University, Roman Gonzalez studied philosophy to understand big things like love and purpose. He wanted to distill these difficult concepts and relate them in a way to make people’s lives better. At the same time, he was working to reshape his relationship with food, and he learned that to make a good salsa, […]

GoFish Cam Provides a Fish Eye’s View of the Water

Ever wonder what’s going on underwater when you’re fishing? That’s what piqued Brandon Austin’s interest.  He grew up fishing in Canada and Costa Rica and he always wanted to know what was happening in the water. So, he created a company to find out and became flounder of GoFish Cam. “Growing up fishing, always like […]

Headphone Maker AfterShokz Moves from New York to Austin

AfterShokz, which makes sports headphones that transmit sound via bone conduction, announced this week that it is moving its headquarters from New York to Austin. The company is currently working out of WeWork University Park and plans to move to Domain Place, 10727 Domain Drive, in March of next year. AfterShokz plans to rent the […]

ICON Partners with Mobile Loaves & Fishes to Build 3D Printed Homes for Austin’s Homeless Population

Austin has a homeless problem. ICON, an Austin-based startup that makes large scale 3-D Printers to build homes, has a solution. The company this week unveiled a 3D printed Welcome Center in partnership with Mobile Loaves & Fishes, a nonprofit organization that provides shelter to Austin’s homeless population. ICON constructed the 500 square foot building […]

Carey Smith Launches Unorthodox Ventures in Austin to Invest in Startups with Great Products

Carey Smith sold Big Ass Fans, the company he founded in Lexington, Kentucky, for $500 million in December of 2017 and then moved to Austin. He bought Lance Armstrong’s 8,800 square foot home near downtown in 2018 and launched Unorthodox Ventures, an Austin-based business incubator and VC firm that invests in innovative companies with great […]

ContentATX Focuses on Storytelling and Communication Skills

Did you know communications is one of the top skills gaps in Austin, according to LinkedIn? And Social Media is also in the top 10.   ContentATX, a third annual conference put on by Silicon Hills News, can help close the gap on those skills for creatives, startups, entrepreneurs and other businesses. The fun, day-long conference […]

Top September Tech Events to Attend in Austin

This month marks the start of Fall and that so far is just a date on the calendar as 90 plus degree days continue to be the norm. That’s about 10 degrees higher than normal, according to local metrologists. But alas as Fall approaches, Austin’s startup activities also heat up. This month features Silicon Hills […]

Facebook Opens New Office in Downtown Austin

Facebook put a high-tech twist on the old tradition of a ribbon-cutting. The tech giant lit up a giant Facebook thumbs-up Like button with local dignitaries to officially open its new office in downtown Austin Wednesday morning. “Thank you to our community partners. I hope you know we are as invested in this community as […]

Hypergiant Industries Creates Augmented Reality Helmet for Military, Police, and Firefighters

Hypergiant Industries has created a smart helmet prototype designed to keep the military, police, firefighters and other first responders safe. The space-age helmet, called Project Orion, comes equipped with night vision, infrared, thermal imaging and more. Its display screen also provides users with all kinds of information that might be useful in an emergency.  “I’ve […]

The Founders of Tequila Sheela Created an Award Winning Organic Tequila

Sheela Marshall and Natalie Merrick founded Tequila Sheela, a tequila company, in 2014.  Sheela’s always had a passion for tequila. When she went to India to visit her mother, she paid $35 for a shot of tequila at a hotel. She didn’t like it and she thought she could create a better tequila. She did […]

Austin’s Bazaarvoice Buys New York-based Influenster

Bazaarvoice announced last week that it has acquired Influenster, a product discovery and review platform with nearly six million community members. Austin-based Bazaarvoice said the combined company will give it even wider reach with retailer websites. The financial details of the deal were not disclosed. Bazaarvoice, founded in 2005 by Brett Hurt, works with more […]

Quansight Futures is Raising a $20 Million Fund to Invest in Early-Stage Open-Source Tech Startups

Quansight Futures, based in Austin, announced the launch of a new $20 million early-stage investment fund focused on open-source technology. The fund, which is expected to be raised in the next nine months, is called Quansight Initiate and it’s focused on investing in startups in education, Internet of Things, data-management, data-science, machine learning and artificial […]

Austin is Becoming a Hub of Innovation for the Insurance Industry

Data analysis, machine learning and artificial intelligence are driving big changes in the insurance industry, And Austin is emerging as a hub of innovation with several new InsureTech startups. “First of all, the insurance industry has cash and it is a humongous market,” said Miguel Fernandez, CEO and Founder of Claimbot. Fernandez and David Perez, […]

Planned Parenthood’s App is Making it Easier for Texas Women to Get Birth Control or UTI Treatment

With three kids under the age of five, Andrea Troncoso, 36, doesn’t have a lot of extra time. The Austin mom downloaded the Planned Parenthood Direct app a few weeks ago to get a birth control prescription. In a simple process, Troncoso upload a picture ID and answered about a dozen questions and then a […]

The 2019 Austin Mosaic Awards Recognize Companies and Individuals Championing Diversity and Inclusion

The Austin Mosaic Awards on Thursday night recognized companies and individuals spearheading diversity and inclusion in Austin. Naji Kelley, founder of Blnded Media and Janice Omadeke, founder of The Mentor Method, came up with the awards ceremony a year ago to shine a light on those in the Austin community helping to champion diversity. This […]

Austin Chamber Recognizes Outstanding Local Businesses

Every year, the Austin Chamber of Commerce recognizes outstanding local businesses at its Greater Austin Business Awards. This year, Underminer Studios, headed up by the husband and wife team of Tim and Alex Porter, received the HID Global Innovation Award. Other recipients included Reality Based Group and Texas Athletics. The award recognized them as “organization […]

Techstars Austin’s Amos Schwartzfarb Talks Sales Strategy and More on the Ideas to Invoices Podcast

Amos Schwartzfarb, managing director of Techstars Austin, didn’t set out to write a book. He originally sat down to create some materials for Techstars companies focused on sales with answers to the most commonly asked questions. The project evolved into his book: Sell More, Faster: The Ultimate Sales Playbook for Startups, published by John Wiley […]

Claire England Steps Down as CTAN’s Executive Director

Big changes are happening at Austin’s Central Texas Angel Network. Claire England announced Thursday that she is stepping down from her role as executive director. She’s been with CTAN since December of 2014 and “is the longest-serving executive director in organization history,” according to a news release. “Under Claire’s leadership, CTAN has grown to be […]

Austin-based 17TeraWatts Launches Bodhi, a Software App to Help Solar Homeowners

Texas ranks number one of all the states in solar energy potential and number seven in installed solar capacity, according to the Texas Solar Energy Society. That makes Austin a great place to launch Bodhi Software, an app that helps homeowners install solar panels, track energy use and develop a relationship with others in the […]

AgencyKPI Launches With $3 Million in Funding to Mine Insurance Industry Data

Austin is becoming a hotbed of innovation in the insurance technology space. And the latest evidence of that is AgencyKPI, which develops a business intelligence platform that mines data for the insurance industry. The Austin-based company launched out of stealth mode this week and announced it has received $3 million in seed and strategic funding […]

Austin’s Spiceworks is Bought by Ziff Davis

Thirteen years ago, four tech workers in Austin founded Spiceworks, a social network for IT professionals. That company grew to employ 450 people and it also raised $111 million in venture capital funding including $57 million from Goldman Sachs in 2014. This week, Jay Hallberg, one of the co-founders and its CEO, announced in a […]

Developers Break Ground on Natiivo Austin, a High-Rise Hotel Built for Homesharing

The transformation of Rainey Street District continues with the groundbreaking Thursday morning on Natiivo Austin. The high-rise building at 48 East Avenue is being built for home-sharing by Austin-based Pearlstone Partners and Newgard Development Group., based in Miami. The condos allow owners to own, stay and share their condos and is powered by Airbnb, a […]

Sputnik ATX Selects Six Startups to Participate in its Summer 2019 Program

Sputnik ATX has announced the latest group of six startup companies accepted into its Summer 2019 cohort. This is the fourth cohort selected for Sputnik ATX, an Austin startup accelerator focused on growth companies since its founding in 2017. More than 300 companies applied for the program, and Sputnik ATX selected 22 finalists. From that […]

Google Webpass now Available in Austin

Google Fiber and Google Webpass have never been offered together in the same market until now. And what that means for Austin residents and businesses is wider availability of Google’s super-fast Internet service. Google’s broadband Internet is 100 times faster than most broadband services. Google announced last week that it is providing Webpass, super-fast wireless […]

Low-Sensory Youth Code Jam Returns to Austin

Youth Code Jam, a nonprofit program to teach middle and high school students coding skills, started in San Antonio and has branched out to Austin. Debi Pfitzenmaier started Youth Code Jam in 2012 at a San Antonio library with 30 people attending. The event has grown every year since then and has reached over 20,000 students and their parents across […]

Austin’s ScaleFactor Raises $60 Million in Additional Funding

Just a few years ago, ScaleFactor graduated from the 2017 Austin TechStars program and raised a few million dollars. On Thursday, the Austin-based company announced it has raised $60 million in a Series C round of funding, just seven months after closing its $30 million Series B round. To date, the company has raised a […]

Austin’s Firefly Aerospace is a New Space Pioneer with Plans to Launch its Rocket in Six Months

Firefly Aerospace has been on one wild ride to get its rockets built in Texas. “We have been building for the last several years and we’re going to fly our first rocket in the next six months,” said Tom Markusic, Firefly’s founder and CEO. But the road to the launch pad and has been a […]

H-E-B to Build a New Tech Center in San Antonio and Hire 500 Employees

At its hometown headquarters in San Antonio, H-E-B is making a big investment to create a state-of-the-art tech center. H-E-B announced Wednesday it plans to add 500 new jobs in San Antonio and build a 150,000 square-foot, five-story building in downtown San Antonio. The building will have the capacity to eventually house 1,000 employees. Construction […]

Hypergiant Strikes Big Partnership with Booz Allen Hamilton and Opens an Office in Washington, D.C.

Hypergiant Industries, the artificial intelligence startup in Austin, announced a big partnership Tuesday with Booz Allen Hamilton, a huge government contractor. The deal involves Hypergiant and Booz Allen Hamilton working together to create artificial intelligence solutions and products for companies and government agencies. They plan to announce those products shortly, according to a news release. […]

Tech Events to Attend in Austin in August

Even though we’re in the dog days of summer, there’s plenty to do in Austin this month. And if you’re planning ahead, make sure to snag a ticket to our ContentATX3 event next month at Galvanize. It’s a great event for entrepreneurs in the tech industry to learn about ways to communicate better with investors, […]

Next Coast Ventures Hires a New Chief Operating Officer

Next Coast Ventures, an Austin-based venture capital firm, announced this week that it has hired Jonathan Kaplan as its chief operating officer. “I’ve known Jonathan for nearly a decade here in Austin and have seen how his diligence and focus on operations have been game changing for entrepreneurs and companies,” Thomas Ball, co-founder and managing […]

Hypergiant Industries Hires Two Key Executives in Austin

Hypergiant Industries, which is focused on creating new products using artificial intelligence for businesses, announced Friday that it has hired two key senior executives in Austin. Mark Arnold, who previously worked as vice president of corporate development for Forcepoint, has joined Hypergiant as its vice president of corporate development. And Marc Katz, who previously served […]

OJO Labs Hires Two Top Real Estate Leaders

OJO Labs, which uses artificial intelligence to help people buy homes, announced recently it has hired two top real estate executives. Austin-based OJO Labs has hired Chris Heller, former CEO of Keller Williams, the largest residential real estate brokerage in the world, and most recently CEO of mellohome, as its Chief Real Estate Officer. In […]

TalentGuard Lands $4 Million in VC Funding

TalentGuard, a career and talent management software startup, announced this week it has raised $4 million. The Austin-based startup plans to use the funding for global sales and marketing expansion and product development. LiveOak Venture Partners of Austin led the Series B funding round. Previously, the company raised $3.5 million from angels and other investors, […]

Austin-based New Knowledge Receives $3 Million in Additional Funding

New Knowledge, a Cybersecurity firm, announced on Tuesday that it has received $3 million in additional funding. BuildGroup and Lux Capital provided the funding. Last August, New Knowledge announced it had raised $11 million in funding, led by GGV Capital. To date, the company has raised $18 million and it has 50 employees. New Knowledge […]

Austin’s TurnKey Vacation Rentals Raises $48 Million in Additional Funding

TurnKey Vacation Rentals, one of the nation’s largest vacation rental management companies, recently announced it has secured $48 million in funding. The Austin-based startup plans to use the funds “to fuel market expansion and the development of new vacation rental offerings and technologies for individual owners and small property managers,” according to a news release. […]

Austin-based TrustRadius Raises $12.5 Million in Funding

TrustRadius, a platform for software reviews, announced Tuesday that it has received $12.5 million in additional funding. The Austin-based company has raised $25 million since its founding in 2012. Next Coast Ventures led the Series C funding round with participation from returning investors the Mayfield Fund and LiveOak Ventures. TrustRadius plans to use the funds […]

Austin-based Homeward Raises $25 Million in Debt and Equity Funding

A real estate tech startup, Homeward announced on Monday that it has raised $25 million in funding. That includes $4 million in equity funding and $21 million of debt funding. Austin-based LiveOak Venture Partners led the equity funding and Genesis Capital and Keystone Bank provided the debt funding. “Founding team members of Opcity, ApartmentList, and […]

The RocketStar Engineers Behind the Apollo 11 Mission

By LAURA LOREK, Publisher of Silicon Hills News HOUSTON – The astronauts get all the glory, but hundreds of thousands of people worked behind the scenes to put the first men on the Moon. “It took around 400,000 people to land humankind on the Moon from engineers to computer programmers to the people who sewed […]

Austin’s VC Investments Drop 52 Percent in the Second Quarter Following a Record First Quarter

Austin-based Everlywell, a healthcare testing platform, received $50 million early-stage investment in April, making it Austin’s top venture deal for the second quarter. Flosports, a sports media startup, claimed the number two spot with $47 million in expansion-stage financing, followed by Lung Therapeutics with $36 million, Arrive Logistics with $25 million and Elligio Health Research […]

H-E-B Tests Driverless Vans in San Antonio to Deliver Groceries

A robot rolling down the road bringing butter, milk, and eggs. That’s on the horizon for San Antonio-based H-E-B. Texas’ largest grocer announced Wednesday plans to use an autonomous van to deliver groceries in San Antonio. The pilot program will roll out later this year. Customers in Olmos Park, north of downtown San Antonio, will […]

Austin’s Capital Factory and Plexal, a London Accelerator, Join Forces to Foster International Ties for Tech Startups

The London and Austin technology ecosystems have developed a strong relationship during the last decade. And on Wednesday, Capital Factory, a technology accelerator in downtown Austin, officially announced it has joined forces with Plexal, an innovation center that sits within London’s Here East technology campus. The deal came together following meetings last March at South […]

Austin’s Rocket Dollar is Shaking up the way Individuals Invest Their Retirement Dollars

By LAURA LOREK, Publisher of Silicon Hills News In a historic office building close to Capital Factory in downtown Austin, Rocket Dollar is disrupting the way people invest retirement dollars. The two-year-old startup allows people to use self-directed retirement accounts to make a wide variety of investments into real estate, startups, precious metals and more. […]

Hypergiant Adds Bill Nye, the Science Guy, to its Advisory Board

Hypergiant Industries has big goals like creating smart cities, flying cars, and finding a cure for cancer, Bill Nye, one of the world’s most famous mechanical engineers, known as The Science Guy., says in a video created for Hypergiant. “We’re not aiming for utopia, but simply a better universe,” Nye says in the video. “This […]

Austin-based Remedy Lands $10 Million in Funding from Austin-based Sante Ventures

Remedy, a healthcare service provider, announced Wednesday that it has raised $10 million. The Austin-based company plans to use the funding to expand its technology platform and to recruit new employees. Remedy is focused on simplifying access to urgent and primary care. It has created a proprietary technology-enabled telemedicine portal, which it combines with house […]

Austin’s PHLUR Gets $7 Million in Funding and Buys Austin-based Texas Beauty Labs

Austin-based PHLUR, a fragrance company, announced Tuesday that it has received $7 million in funding. In addition, PFLUR acquired Austin-based Texas Beauty Labs, a clean beauty products maker, founded in 2008. The financial details of the deal were not disclosed. As part of the transaction, Texas Beauty Labs has formally changed its name to The […]

H-E-B Opens its Eastside Tech Hub in Austin

H-E-B opened its Eastside Tech Hub in Austin on Monday. The 81,000 square foot office serves as the new headquarters for Favor, the Austin-based on-demand delivery service H-E-B bought last year. It also houses H-E-B Digital Partners, which complements H-E-B’s existing digital team at its San Antonio-based headquarters. “Having a shared space like this is […]

Startups Showcase their Ventures at MassChallenge Texas’ Austin 2019 Event

Austin-based Moolah U, which runs camps to teach students financial responsibility, chose to participate in the MassChallenge Texas accelerator to gain access to mentors and investors to scale its business. “We’ve been running these programs for 15 years and we’ve found that the best way to teach kids is through real experience,” said Ben Aubin, […]

Samsung and AT&T Open 5G Innovation Zone in Austin

By LAURA LOREK, publisher of Silicon Hills News To see the impact of 5G communications, look no further than the new 5G Innovation Zone which officially opened at Samsung’s Austin campus Friday. The Innovation Zone showcases different applications of 5G technology including health and environmental sensors, automated material handling, industrial Internet of Things, robotics, and […] Acquires Austin-based Capsenta

Two Austin companies focused on data have joined forces. announced this week it has acquired Capsenta, founded at the University of Texas at Austin in 2015. Capsenta created patented data translation and integration software allowing its customers to combine and analyze relational databases faster and more efficiently., which launched in July of 2016, has […]

SiFive Opens Austin Office

SiFive, based in San Mateo, Calif., has expanded to Silicon Hills with an Austin office. Founded in 2015, SiFive is a fabless semiconductor company that produces computer chips based on the RISC-V instruction set architecture. Its customers include Qualcomm, Imagination Technologies, Avatar Integrated Systems, Quicklogic Corp.. The company also recently closed on $65 million in […]

Enboarder Establishes U.S. Headquarters in Austin and Lands $8 Million in Funding

By LAURA LOREK, Publisher of Silicon Hills News Ask anyone who has worked at multiple companies and they probably have a story about a bad experience joining a new organization. Companies spend, on average, $2,500 to hire a new white-collar employee, but once they hire them, they should spend a little more money bringing them […]

Opcity Plans to Open a New Engineering Hub in Downtown Austin with 200 Employees

Opcity announced Thursday plans to open a second office in downtown Austin with up to 200 employees to serve as its product and engineering hub. The Austin-based startup plans to move into its new office at 901 E. 6th Street in the fall. It plans to occupy 29,000 square feet of a 129, 444 square […]

Alamo Angels Names Kim Biffle as its new Executive Director

Alamo Angels announced Tuesday that Kim Biffle is its new executive director and CEO. The San Antonio-based group of angel investors, which launched in December of 2016, is now comprised of more than 100 members who have invested in 18 businesses. Biffle is Alamo Angels third executive director. She replaced Cat Dizon who left to […]

Austin Tech Events to Attend in June

June 6th Austin Tech Open Coffee Downtown When: 8:30 a.m.-10:30 a.m. Where: Houndstooth Coffee, 401 Congress Ave, (Frost Bank Tower) Why: Hosted by Open Austin Coffee, created by Damon Clinkscales and sponsored by Egan Nelson, is an informal gathering of Austin’s tech community to network over coffee. For more info. June 6th Capital Factory 10th Anniversary Party When: […]

Austin-based SmartDog Services Acquired by Apps Associates of Boston

Apps Associates, based in Boston, announced Tuesday that it has acquired Austin-based SmartDog Services. The financial terms of the deal were not disclosed. SmartDog Services, founded in 1990, is a service provider to customers that use Oracle products. And Apps Associates is one of the largest Oracle-focused cloud migration and managed services companies in the […]

Austin-based Skills Fund is Acquired by Goal Structured Solutions of San Diego

Austin-based Skills Fund, a financing platform for bootcamps and tech skill training schools, announced Tuesday that it has been acquired by San Diego, Calif.-based Goal Structured Solutions. The acquisition was an all cash deal but the sales price was not disclosed. Skills Fund, founded in 2015, previously raised $11.5 million in seed stage funding. “We […]

FloSports Lands $47 Million in Venture Capital Funding

FloSports, live digital sports media company, this week announced it has closed $47 million in new funding. Current investor Discovery Inc. led the round of funding, which also included participation from existing investors Causeway Media Partners, LP, Fertitta Capital, and DCM Ventures, as well as strategic investors World Wrestling Entertainment, Inc. and Bertelsmann Digital Media […]

24 Companies Named to the 2019 Austin A-List of Hottest Companies

For the ninth time, the Greater Austin Chamber of Commerce celebrated Austin’s hottest startups at its A-List Award ceremony. The chamber gave awards to 24 companies in various stages of development. In addition, the Chamber recognized Joshua Baer with Capital Factory; Dan and Lisa Graham with Notley; Whitney Wolfe with Bumble for their contribution to […]

Backtracks Raises $2.1 Million for its Podcast Data, Analytics, and Hosting Platform

Backtracks, a data and analytics and hosting platform for podcasts, announced Thursday that it has raised $2.1 million in seed stage funding. Moonshots Capital, Capital Factory, Sputnik ATX, Next Coast Ventures, and Bull Creek Capital led the round with participation from BNSG Capital. Backtracks plans to use the funding to further product innovation and to […]

Entrepreneurs Find More Success with a Purpose-Driven Business

When it comes to work, purpose matters, said Molly Fletcher. “When we are clear on our purpose it helps us suffocate the fear that bubbles up in our life,” said Fletcher, one of the first female sports agents and now a motivational speaker and entrepreneur. Fletcher gave a talk last week at the Chase for […]

Austin-based Santé Ventures Raises $250 Million Fund to Invest in Healthcare and Life Sciences Companies

Santé Ventures, a healthcare and life sciences investment firm specializing in early-stage companies, announced Wednesday it has closed a $250 million fund. This is Santé Venture’s third fund, since its founding in 2006. The firm is based in Austin and has an office in Houston. Fund III has “secured capital commitments from over 30 limited […]

Internet Pioneer Bob Metcalfe Celebrates Ethernet’s 46th Anniversary

Ethernet’s 46th anniversary is Wednesday, May 22nd and on this occasion, Silicon Hills News has done a special edition Ideas to Invoices podcast with Bob Metcalfe, founder of Ethernet. Metcalfe is also professor of Innovation at the University of Texas at Austin. On Tuesday morning, he spoke to Silicon Hills News on the outdoor deck […]

The Austin Technology Incubator Celebrates its 30th Anniversary

When the Austin Technology Incubator launched in 1989, Austin was a much different city. Austin had one of the highest commercial vacancy rates in the country. Its economy struggled to recover after the Savings and Loan Crisis. The technology industry was in its infancy. Thanks to ATI, the longest running incubator in the country, Austin […]

Hypergiant Aims to Dominate the AI Industry on Earth and in Space

By LAURA LOREK, publisher of Silicon Hills News At Hypergiant’s Austin headquarters, Ben Lamm, CEO, and Co-founder takes to the conference room’s whiteboard to explain its structure and expansion plans. Hypergiant launched out of stealth mode in February of 2018 and has been growing steadily with 140 employees in Austin, Dallas, Houston, and Seattle. Its […]

SKU Graduates 7 Consumer Goods Startups

Startup activity for the consumer packed goods industry in Austin is booming. That was evident as the seventh cohort of the SKU Accelerator did their pitches for Demo Day at Native Hostel Tuesday night. It was a standing room only crowd as Bhoomi Cane Water, Grocery Pup, LAMIK, Pure Active CBD, MODEQ, PickleSmash and YVY […]

MassChallenge Texas Selects 74 Startups for its Austin Accelerator

MassChallenge Texas announced it has accepted 74 startups into its latest program in Austin which kicks off in June. The startups hail from five countries, 14 states and five industries, said Mike Millard, managing director of MassChallenge Texas. The largest industry represented is high tech which comprises 42 percent of the startups, followed by general […]

Austin Tech Events to Attend in May

May 1-2 FUND Conference When: May 1st and May 2nd Where: Fairmount Hotel in Downtown Austin Why: FUND Conference hosts an event in Austin annually to promote connections among entrepreneurs, VCs, angel investors, and industry experts. It features panel discussions on a variety of topics, exhibits, and networking. For more info. May 2nd Austin Tech […]

San Antonio-based Cliently Receives $1 Million in Funding

Cliently, which moved to San Antonio last July, announced Tuesday that is has received $1 million in venture capital. Active Capital, a new venture capital firm based in San Antonio and led by Pat Matthews, is the lead investor in the seed stage round of funding. Other investors include Altair. Spencer Farber, founder and CEO […]

A Cloud Guru Raises $33 Million

 A Cloud Guru announced Monday that it has closed a $33 million growth equity investment. Summit Partners led the round with participation from AirTree Ventures and existing investor Elephant. A Cloud Guru, which provides online cloud computing training and talent development, will use the funding to add new employees, expanding its content library with new courses and […]

Upland Software Acquires PostUp for $35 Million

Upland Software of Austin announced recently that it has acquired PostUp, an Austin-based email marketing company for $35 million. Upland, which makes cloud-based enterprise work management software, reported that PostUp “is an important addition to Upland’s Customer Experience Management solution suite.” And the acquisition will add approximately $11 million in annual revenue to Upland. Joshua […]

Austin-based KERV Interactive Raises $11 Million in Funding

KERV Interactive, an Austin-based video ad startup, has raised $11 million in funding. Vestech Partners, a private equity group, led the investment. KERV has created interactive video technology that helps brands engage with consumers. Its customers include eBay, Hewlett-Packard, LG Electronics, Fisher & Paykel, and Lamborghini. “KERV represents the next generation of consumer experience in […]

SaveDay Seeks to Democratize Access to 401K Retirement Plans

SaveDay wants to make sure everyone can easily and affordably save for retirement. That’s the mission for Barry Mione, Co-Founder and President of SaveDay, a startup that provides 401K plans to small businesses. SaveDay, with four employees, is relocating from California to Austin. Mione is currently participating in the Winter 2019 Sputnik ATX program. Sputnik […]

Atmosphere, a Spinout of Chive Media, Raises $10 Million for its TV Platform for Bars and Restaurants

Atmosphere, a TV entertainment platform spun out of the Chive Media Group, announced this week that it has raised $10 million in funding. The Austin-based startup plans to use the funding to further the distribution of its TV platform, on technology, data and monetization, according to a news release. Atmosphere is like a Netflix-type platform […]

Austin-based Affinegy is Acquired by NISC

By LAURA LOREK, publisher of Silicon Hills News Homes are increasingly becoming smarter with devices like Nest thermostats, Ring doorbells, voice-activated assistants and more connecting them to the Internet. And Austin-based Affinegy, a 13-year-old company that creates software to manage Wi-Fi for the Internet of Things, has been at the forefront of the industry. This […]

OJO Labs Gets a Swanky New Office at CityView in Austin

Soon, OJO Labs, an artificial intelligence startup, will have one of the best views in Austin. OJO Labs is moving to the top floor of CityView, a four-story building under construction at 1007 South Congress Ave. OJO’s outdoor terrace offers a stunning view of the Texas State Capitol and downtown Austin along Congress Ave. The […]

Slingshot Aerospace Raises $5 Million More in Funding

Slingshot Aerospace announced this week it has received $5 million in new seed stage funding. ATX Venture Partners led the round with participation from new investor Revolution’s Rise of the Rest Seed Fund and previous investors Okapi Capital, Stage Venture Partners, Sway Ventures and Techstars Ventures. Slingshot Aerospace is using artificial intelligence to provide detailed reports about the earth to industries […]

Austin-based eRelevance Suddenly Shuts Down

eRelevance, an online marketing platform targeted at healthcare providers and the mortgage industry, has shut down. The Austin-based startup posted a notice on its Facebook page on Monday “Due to an unexpected situation, as of April 15, 2019, eRelevance Corporation has ceased its operations.” Bob Fabbio, the company’s Co-founder and CEO, confirmed the shut down […]

AI Startup Imandra Moves its Headquarters from London to Austin and Lands $5 Million in Funding

By LAURA LOREK, publisher of Silicon Hills News In 2004, at the University of Texas at Austin, Denis Ignatovich and Grant Passmore met and became roommates soon after. They both enjoyed mathematics and solving difficult problems. Passmore received a bachelor’s in mathematics and Ignatovich received his degree in computer science and finance. “We spent a […]

Austin Startups Pitch at Oracle’s Cloud Accelerator Demo Day

By LAURA LOREK, publisher of Silicon Hills News Oracle held its inaugural U.S. Global Startup Ecosystem Showcase at its Austin Waterfront Campus on Tuesday. The event featured pitches from startups selected to participate in Oracle’s Startup Cloud Accelerator program in Austin. The six-month accelerator took place at Capital Factory in downtown Austin. Five of the […]

Mastercard Buys Austin-based Vyze

Mastercard announced Tuesday that it has acquired Austin-based Vyze, a cloud-based financial technology company. The financial terms of the deal were not disclosed. Vyze, founded in 2008, has raised $48.1 million to date. Vyze works with lenders to provide consumer finance products like branded store credit cards, installment loans and lease to own payment plans. It […]

EverlyWell Lands $50 Million More in Venture Capital Funding

EverlyWell, the Austin-based healthcare testing platform, announced Tuesday that it has received $50 million more in venture capital funding. To date, the Austin-based company, founded four years ago, has received $55 million in total funding. Goodwater Capital led the Series B funding along with Highland Capital Partners. Other investors included Next Coast Ventures, NextGen Venture […]

Zoho’s CEO Discusses its Unique Culture and Plans for its Austin Campus on the Ideas to Invoices Podcast

In 1996, Sridhar Vembu founded Zoho in Silicon Valley. Today, the bootstrapped startup is still in its teenage years even as it finds its stride with the increasing popularity of its suite of software apps aimed at running everything from a small business to a Fortune 500 company. The privately-held company does not disclose its […]

Zoho Plans to Go Big in Austin but Also Wants to Keep Things Weird

By LAURA LOREK, Publisher of Silicon Hills News Zoho wants to keep things weird in Austin. The software company officially announced this week at its annual Zoholics conference that it is moving its headquarters from Pleasanton, Calif. to a 369-acre campus near the Austin airport. “I like Austin,” said Sridhar Vembu, Zoho’s founder and CEO, […]

NASA Selects UTSA to be Part of an Institute to Create Smart Habitats for the Moon and Mars

University of Texas at San Antonio Associate Professor Arturo Montoya is a civil engineer and an expert on how earthquakes and hurricanes impact bridges and buildings. It’s that expertise that attracted Purdue University principal investigator Shirley Dyke to ask him to collaborate on the Resilient Extra-Terrestrial Habitats Institute for NASA to explore building homes and […]

Austin’s VC Investment up 16 Percent in the First Quarter to $704 Million

By LAURA LOREK, publisher of Silicon Hills News Austin’s venture capital investments rose to $704 million in the first quarter of 2019, up 16 percent from the same quarter a year ago, according to the PwC/CB Insights MoneyTree report. However, the number of deals in Austin dropped almost 8 percent to 37 in the first […]

Zoho Announces Plans to Relocate its Headquarters to 375-Acre Austin Campus with New Zoho University

Zoho Tuesday announced plans to relocate its headquarters to Austin from California and to create a new 375-acre campus including a 100,000 square foot building in South-east Austin. The company, which is hosting its annual national users’ conference, Zoholics, at the Palmer Events Center, will release more details later this morning during a presentation along […]

LiveOak Venture Partners Closes a $105 Million Fund to Invest in Early-Stage Texas Startups

LiveOak Venture Partners announced Tuesday that it has closed a $105 million fund, its second fund. The fund was oversubscribed, according to a news release. Krishna Srinivasan, Venu Shamapant and Ben Scott founded Austin-based LiveOak in 2013 and raised a $100 million fund to invest in early-stage Texas startups. The three founders met while working […]

Strangeworks Aims to Bring Quantum Computing to the Masses

Quantum computing is still in its infancy. But in Austin, Strangeworks, founded by William Hurley, aka, Whurley, is spearheading a venture focused on making quantum computing applications accessible to everyone. It is one of a handful of startups around the world focused on tackling the really big problem of creating quantum computing applications. On Wednesday, […]

San Antonio-based NewTek Acquired by Norwegian-based Vizrt

Vizrt, a broadcast company based in Norway, announced it has acquired San Antonio-based NewTek. The financial details of the transaction were not disclosed. Michael Hallen, president and CEO of Vizrt, will lead the company. Vizrt said the acquisition creates the largest company in the broadcast space that is dedicated to enabling IT-based video production. “Combining […]

VIA’s Steve Young Named San Antonio CIO of the Year

Sponsored post by InnoTech San Antonio With thousands of IT professionals now working and living in San Antonio, those  making an impact deserve public recognition and InnoTech, the region’s largest IT & innovation technology conference, will recognize and award the best and the brightest in the field of Information Technology on Thursday, April 4, 2019. […]

Austin Tech Events to Attend in April

It is tough to recover from March madness and South by Southwest. But Austin’s tech community is not disappointing in the month of April. There are so many interesting talks, pitch events, panel discussions and hackathons to attend. And Zoho is having its annual user conference: Zoholics in Austin for three days at the Palmer […]

ALTR’s CEO Dave Sikora Says Data is as Valuable as Money and ALTR Uses Blockchain Tech to Secure Data

By LAURA LOREK, Publisher of Silicon Hills News Most companies wouldn’t let everyone have access to a vault of money, but many companies don’t think about limiting access to data within their organizations That’s where ALTR comes in. It breaks up data and stores it using blockchain technology, making it inaccessible to an intruder or […]

Austin-based argodesign Expands to Europe with a Studio in Amsterdam

Austin-based argodesign announced this week it has expanded to Europe with the opening of a new studio in Amsterdam. The team heading up the new Amsterdam studio is known to Rolston. He worked with them previously at frog design. Tjeerd Hoek and Joe Fletcher, who are leading the argo studio in Amsterdam, previously held leadership […]

Amazon Expands its Austin Tech Hub with 800 New Jobs and New Office Building

Amazon announced Thursday that it plans to add 800 jobs to its Austin Tech Hub. The jobs will be in the fields of software and hardware engineering, research science and cloud computing. Amazon, based in Seattle and Northern Virginia, already has more than 1,000 employees in Austin at two buildings in the Domain area. And […]

Cloudsnap Raises $1.75 Million

Colin Loretz founded Cloudsnap, an integration startup that connects web apps in 2011, and participated in the TechStars Cloud’s inaugural class in San Antonio. That company, which moved to Reno, Nevada, eventually failed. But now an Austin-based startup has taken on the name, Cloudsnap and it is doing something similar to the original Cloudsnap. It […]

San Antonio-based FunnelAI Raises $1.5 Million

FunnelAI, a startup that uses artificial intelligence to generate leads for car dealers, announced Wednesday that it has raised a $1.5 million seed round of financing. The San Antonio-based startup previously raised $375,000 in pre-seed stage funding and participated in the RealCo Accelerator, based at Geekdom. San Antonio-based Active Capital, which last month announced it […]

OJO Labs Raises an Additional $45 Million in Venture Capital

OJO Labs, an artificial intelligence startup, has raised $45 million in additional funding. The Austin-based company plans to use the funds to accelerate its development and market expansion. It plans to hire more employees in the areas of engineering, data science, product and design. The Series C funding round is being led by LiveOak Venture […]

Founder Institute’s Adeo Ressi Thinks Startups Succeed When Entrepreneurs Find Their Purpose

By LAURA LOREK, Publisher of Silicon Hills News Wearing a red cowboy hat, jeans, a button-down white shirt, a jade necklace and a necklace of crystals, Adeo Ressi doesn’t look like the typical startup founder. And he’s not. Ressi, who has founded and sold two $1 billion companies, now serves as CEO of Founder Institute, […]

ConsenSys Founder Believes Blockchain Technology can Help Produce Ethical Journalism

By LAURA LOREK, Publisher of Silicon Hills News In 2011, Joseph Lubin, CEO of ConsenSys and co-founder of Ethereum, read Satoshi Nakamoto’s white paper on Bitcoin. “And it clicked for me,” he said. “We can start to build something on a new trusted infrastructure and potentially build it on a better trust system.” He believed […]

The Cannabis Industry is Creating a Green Gold Rush but Obstacles to Legalization Still Exist in the U.S.

By LAURA LOREK, Publisher of Silicon Hills News The path to national legalization of marijuana is underway. That’s the conclusion from cannabis experts at South by Southwest, which hosted its first-ever Cannabusiness track this year with 60 panels. In the U.S., 95 percent of the population believes in the medicinal value of cannabis and believes […]

11 Takeaways from SXSW 2019

By Laura Lorek, publisher of Silicon Hills News South by Southwest Interactive, Film and Music continue to go on with fascinating keynote and panel discussions as well as film screenings and live performances. Here are a few observations from this year’s SXSW so far: ANALOG CARS – I’ve never heard a car referred to as […]

SXSW: Four Women Creatively Assault Institutional Sexism

By SUSAN LAHEY, Senior Writer with Silicon Hills News You know that movie scene where all the people who have been victimized realize there are more of them than there are of the bad guy? That’s kind of what’s happening with women and marketing these days as a panel called Girl Culture pointed out in […]

Will AI Kill Creativity?

By SUSAN LAHEY, Senior Writer with Silicon Hills News “People aren’t interested in push-button art. It’s much more interesting to watch people struggle and find something to say,” said Douglas Eck, Sr Staff Research Scientist at the Google Brain team and a self-identified “failed musician.” The SXSW panel was on AI and the Future of […]

ICON Unveils a New Large Scale 3D Printer to Build Affordable Homes

By LAURA LOREK, Publisher of Silicon Hills News Austin-based ICON on Monday unveiled its new “Vulcan II” 3D printer that can print up to a 2,000 square foot house quickly at half the cost. “It’s four times as big, it’s twice as fast, and it’s going to start shipping to customers next month,” said Jason […]

Facebook Critic Roger McNamee Says the Social Network Still Isn’t Doing Enough to Protect its Users

In an ironic twist, Roger McNamee, author of Zucked: Waking up to the Facebook Catastrophe, is taking out ads on Facebook to sell his book. “This is guerilla warfare,” McNamee said. Facebook is a powerful social network and his book exposes the flaws in the social network and Facebook is also a way to get […]

The Inventor Documentary Tells the Story of the Colossal Fraud of Elizabeth Holmes and Theranos

“The Inventor: Out for Blood in Silicon Valley,” is a story about storytelling, said its Academy Award Winning Director Alex Gibney. The documentary is about how a couple of veteran journalists got fooled along with a lot of investors into believing Elizabeth Holmes just might be the next Steve Jobs or Bill Gates. Instead, Holmes, […]

Robots Behind the Wheel: Self Driving Cars are Inevitable

By LAURA LOREK, Publisher of Silicon Hills News Self-driving cars are the future, but there is still some uncertainty on how long it will take to get there and what that future looks like. That’s the conclusion from a panel discussion at South by Southwest Saturday morning. Hundreds of people showed up for the 9:30 […]

Cannabis, Music, Helmets and License Plates at SXSW Release It

By SUSAN LAHEY, Senior Writer with Silicon Hills News One of the best moments at SXSW Release It pitch competition was when CEO and co-founder of the winning company, Lumos Helmet, admitted that he had no idea how the company’s first product wound up on Oprah’s favorites list. “I was afraid to ask,” Lumos Helmet […]

At SXSW, Fans Line Up to Bleed for the Throne at HBO’s Blood Drive Event

Sharing a pint takes on a whole new meaning at South by Southwest this year. At the HBO Game of Thrones event at SXSW, participants are asked to bleed for the throne – literally. HBO has joined with the American Red Cross to combat a worldwide blood shortage by harnessing the power of Game of Thrones fans, HBO […]

Hypergiant Adds Tech Industry Veterans to its Staff

Hypergiant Industries is beefing up its staff with some heavy hitters from the technology industry. Hypergiant has announced that Brian Beard and Gary Gattis will join as Global Chief Strategy and Legal Officer and General Manager in Residence respectively. Hypergiant, which came out of stealth mode last year, has launched two new divisions, Hypergiant Galactic […]

Bumble Fund Invests in Alice and Other Women-Led Startups, Plus Bumble Hive Takes Over Jo’s at SXSW

Austin-based Bumble announced this week that it has completed its second round of investments into women-led startups. Through its “Bumble Fund” Bumble, which is a women-focused dating and social network with more than 50 million users, has made early stage investments in women founders. The latest round includes an investment in Houston-based Alice, an AI-powered […]

The Zebra’s Founder Adam Lyons Launches a Reality TV Show Focused on Helping Entrepreneurs

Adam Lyons, founder of The Zebra, is going to be starring in a new reality TV show focused on entrepreneurs. Lyons is teaming up with Pilgrim Media group on the new show which will showcase Lyons working with business owners and aspiring entrepreneurs to develop their ideas into full-fledged, high-growth businesses. Lyons founded The Zebra, […]

Make School is Rethinking College to Diversify the Tech Workforce

Jeremy Rossmann, co-founder of Make School, a computer science and software engineering school, based in San Francisco is disrupting higher education. Make School offers a two-year Bachelor’s Degree to students accepted into its computer science program. Rossmann founded Make School in 2012 with his high school friend, Ashu Desai. Rossmann dropped out of MIT and […]

SXSW Kicks Off on International Women’s Day

March is women’s history month and Friday is International Women’s Day, which happens to coincide with opening day of South by Southwest in Austin. And while the tech industry is still heavily-male dominated and women-led startups only get 2 percent of all venture capital funding in the U.S., the industry is starting to change. And […]

ClearBlade Wins $100K in Ingram Micro’s Comet Competition

Austin-based ClearBlade won the first place prize of $100,000 in the Comet Competition contest sponsored by Ingram Micro. Other Austin-based winners included re:3D, Sempulse and The Mentor Method. The Comet Competition, funded by IT distributor Ingram Micro, set out to uncover, fund and bring to market the next wave of business to business software innovators […]

Austin Technology Council’s Amber Gunst is Focused on Growing and Scaling Austin Software Companies

Helping 10 Austin software companies to become billion-dollar companies and another 100 to $100 million in revenue in the next decade is the big hairy audacious goal of the Austin Technology Council. And Amber Gunst, the CEO who took over the job in January after serving as interim CEO since last May, is determined to […]

Claimbot Raises Funds to Advance its Virtual Chat Engine for the Insurance and Automotive Industries

Claimbot announced this week it has raised seed stage funds to expand its artifical intelligence powered virtual chat engine. The company, founded in 2016, announced it has raised $615,000 with participation from the Google Assistant Investments program, Notley Ventures, Social Starts and several angel investors. Claimbot plans to use the funding to accelerate the development […]

Osano Raises $3 Million and Launches its Privacy Monitor

Cruising around the Internet, it’s difficult to know how much data is being gathered at the various websites a person visits. Of course, many have privacy polices but many of those documents are so long that few ever plow through them. And what’s being done with all that data? That’s an issue Osano plans to […]

QuotaPath Raises $3.5 Million

QuotaPath, which makes a compensation management platform, announced this week it has raised $3.5 million. The company, which is based in both Austin and Philadelphia, plans to use the funds to hire more employees and launch the QuotaPath platform to the public during the next three months. QuotaPath’s software allows anyone to track their sales […]

Spredfast and Lithium Rebrand to Khoros and Select Austin for its New Headquarters

Austin is the new headquarters of Khoros, the combined company of Spredfast and Lithium. Khoros announced the rebranding on Tuesday. The combined company resulted from Lithium’s merger with Spredfast last year. In September, when the two companies announced their merger, they reported the headquarters would be in San Francisco. Now, under the rebranding, the headquarters […]

VC Firm Firebrand Ventures Opens Austin Office

Ryan Merket, a two-time founder, has also worked for Facebook, Reddit and Amazon. And now he’s becoming a venture capitalist and joining Firebrand Ventures as a partner and opening its second office in Austin. Firebrand’s focus is investing in seed stage companies in Austin and the Midwest. Firebrand, which was founded by John Fein in […]

Datical Lands $10 Million in Additional VC Funding

Datical, which helps companies automate databases, Thursday announced it has received $10 million in funding. River Cities Capital Funds led the Series C funding round with participation from existing investors S3 Ventures and Mercury Fund.  As part of the deal, Adam Midkiff, vice president at River Cities, has joined Datical’s board of directors. Austin-based Datical, […]

SXSW 2019 Will Focus on How AI and Automation Will Change the Workforce

By Laura Lorek, publisher of Silicon Hills News Author and Journalist Malcolm Gladwell is the latest speaker to join the lineup at South by Southwest. Gladwell is leading a documentary look at self-driving cars in the film “Autonomy,” which is set to debut at the SXSW Film Festival. The film examines the world of automated […]

ATX Seed Ventures Plans to Raise its Third Venture Fund

In 2014,  Chris Shonk co-founded ATX Seed Ventures, an early-stage venture capital firm, based in Austin. ATX Seed Ventures has three partners: Danielle Allen, Brad Bentz and Shonk.   Shonk said they saw the demise of Austin Ventures, the largest local venture capital firm which sunset that year, as an opportunity. ATX Seed Ventures raised […]

Austin Entrepreneurs Talk About Building a Business at the Black in Tech Summit

By LAURA LOREK, Publisher of Silicon Hills News The biggest problem Mark Phillip encountered in building a technology business in Austin was finding funding. The founder and  CEO of Are You Watching This, a sports data and analytics company, got told no by everyone, he said. Phillip spoke on the “Building a Business” panel at […]

SKU Accelerator Selects Seven Startups for its Seventh Cohort

By LAURA LOREK, publisher of Silicon Hills News Austin is known as a high-tech hub of innovative startups. But it’s also the birthplace of many consumer-packaged goods like Siete Family Foods, a Mexican-American food brand, that just landed $90 million in funding. It makes grain free chips, grain free tortillas, hot sauces, cashew queso and […]

The Defense Innovation Center Officially Opens at Capital Factory in Austin

By LAURA LOREK Publisher of Silicon Hills News Athena Security showed off its gun detection system at the official opening of the Defense Innovation Center Thursday at Capital Factory. The startup uses existing security cameras coupled with its specialized software that relies on machine learning and artificial intelligence to identify guns in a public setting. […]

Austin Needs More Black People in Every Area of the Technology Industry

By LAURA LOREK, Publisher of Silicon Hills News The median net worth of a black family in the United States is projected to reach zero by 2053. Today, the net worth of a black family is about $17,000, said Rodney Sampson, co-founder, and CEO of Opportunity Hub. While white wealth will continue to grow, black […]

DivInc Partners with Notley Ventures

DivInc, the Austin-based early stage accelerator for women and people of color, on Thursday announced it is partnering with Notley Ventures. In addition, Notley is making a major philanthropic investment in DivInc. “This transformative gift provides us with the resources to grow out capacity and capability, expand our accelerator programming and scale our community impact,” […]

Founder Institute Austin Graduates Six Startups

By LAURA LOREKPublisher of Silicon Hills News The Founder Institute opened in Austin a little over a year ago and has already graduated three classes and helped dozens of entrepreneurs. Martin Martinez, managing director, joined with fellow directors Elisa Sepulveda and Paul O’Brien to launch Founder Institute Austin. They thought Austin needed more founders and […]

Paradromics Moved from Silicon Valley to Austin and is Creating a Brain Modem

By LAURA LOREKPublisher of Silicon Hills News Imagine a nickel-sized device implanted in the brain to help treat chronic and severe mental disorders like schizophrenia, which affect how a person thinks, feels and behaves. It’s not science fiction but a real device that is being developed in Austin. The medical device is the brainchild of […]

Silicon Hills News Unveils the Companies Featured in its 2019 Austin Tech Startup Calendar

Silicon Hills News’ 2019 Austin Tech Calendar Party took place on January 24th at Opcity in Austin. At the party, Silicon Hills News gave away a desktop or wall calendar to 175 guests. To order additional calendars please visit our Eventbrite form for our lunch and learn event on February 24th. You don’t have to attend the event […]

San Antonio-based Active Capital Raises $21.5 Million VC Fund

Active Capital, a San Antonio-based venture capital firm, announced it has raised a $21.5 million fund focused on providing seed stage funding to business to business software companies. Originally, Pat Matthews, Active Capital’s founder and CEO, set out to raise a $15 million fund, but it was oversubscribed. “We closed on the fund Dec. 31st […]

Cirrus Logic and Ten Other Austin Companies Make the 2019 Best Workplaces for Commuters List

It’s no secret that driving in Austin, especially for downtown workers, has become one of the biggest aggravations about working or living in the city. Austin ranked 14th among the most congested cities in the U.S. in 2017 with commuters spending 11 percent of their driving time in congestion, according to a study last year […]

Billd Lands $60 Million to Expand its Bill Me Later Service for the Construction Industry

While working at another fintech startup, Chris Doyle saw a major problem with commercial subcontractors not being able to pay suppliers in time for their projects. He left that startup to found Billd, which acts as a bill me later service for commercial subcontractors to buy materials and pay for them over time. Austin-based Billd […]

Austin-based DISCO Raises $83 Million

DISCO, which makes software for the legal industry, announced Thursday that it has raised $83 million in additional funding. The startup, which moved to Austin in August of last year from Houston, has raised $135 million to date. Georgian Partners, based in Toronto, led the latest round with participation from Bessemer Venture Partners, LiveOak Venture Partners, The […]

Cision Acquires Austin-based TrendKite for $225 Million

Chicago-based Cision announced Wednesday that it has acquired Austin-based TrendKite for $225 million. Cision, a public relations software and services provider, paid $94 million in cash and approximately 10.2 million shares of Cision for TrendKite. “The addition of TrendKite’s award-winning application platform, known for its innovation and dynamic user experience, gives our customers additional ways […]

Techstars Announces its Austin 2019 Cohort

Techstars is one of Austin’s oldest and most recognized accelerator programs. This week, Amos Schwartzfarb, its managing director, kicked off the 2019 program with 10 new startups. The companies come from Los Angeles, Chattanooga, TN, Toronto, Canada, Houston, TX, and Austin. The three month long program culminates with Demo Day on April 10th. Here are […]

Evonik of Germany Buys Austin-Based Structured Polymers

Evonik, a German company, has acquired Austin-based Structured Polymers, a startup focused on 3D printing. The terms of the deal were not disclosed. Structured Polymers, founded in 2012, raised $1.5 million from Microventures and holds three patents in the working of plastics category, according to CrunchBase. In addition, in the fall of 2017, Evonik made […]

Dosh Raises $40 Million in Additional Funding

Dosh, an Austin-based startup disrupting the advertising industry, on Tuesday announced it has closed on a $40 million round of funding. The funding includes $20 million in equity and $20 million in venture debt. Goodwater Capital and Western Technology Investment led the Series B round, with participation from investors  PayPal, BAM Capital and Anthem Venture […]

Austin’s 2018 VC Funding Hits Records Levels not Seen Since 2000

By LAURA LOREK, Publisher of Silicon Hills News Venture capital investments in Austin soared to $1.33 billion in 2018, the highest on record since the dot-com boom in 2000, according to the latest MoneyTree Report from PwC and CB Insights. Venture capital investments in Austin rose 70 percent in 2018, from $783.4 million in total […]

Outdoorsy Raises $50 Million

Ever wanted to rent an RV from a neighbor? Well, Outdoorsy, based in Austin, just raised another $50 million to make that transaction a reality. Greenspring Associates led the latest round of funding with participation from Aviva Ventures, Altos Ventures, Autotech Ventures and Tandem Capital. “We are interested in marketplace technology companies that challenge the […]

Drillinginfo Buys MineralSoft

Drillinginfo, an energy software and data analytics company, has acquired Austin-based MineralSoft. The terms of the deal were not disclosed. MineralSoft, which graduated from the Y Combinator accelerator program in 2016, had raised $9.2 million in funding to date, according to Crunchbase. Its investors included Cottonwood Venture Partners, Blue Bear Capital, and Y Combinator. Drillinginfo, […]

SXSW Announces Additional Speakers

South by Southwest Conference and Festivals, which is less than two months away, released its latest lineup of keynote and featured speakers Tuesday. The keynote speakers include Endeavor Chief Marketing Officer Bozoma Saint John, director, actress, producer and activist Olivia Wilde, and Instagram Co-Founder Mike Krieger joins Instagram Co-Founder Kevin Systrom in a talk moderated […]

RapidDeploy Opens US Headquarters in Austin

By Laura Lorek, Publisher of Silicon Hills News RapidDeploy, a South African company that has created an emergency platform based on cloud technology, is branching out to Austin. The company officially opened its new U.S. headquarters at a private event at Galvanize Thursday night with Austin Mayor Steve Adler and Mninwa Johannes Mahlangu, the South […]

The Top 25 Austin Tech Stories of 2018

By Laura Lorek, Publisher of Silicon Hills News Austin is the hottest tech hub in Texas. That’s something Silicon Hills News has known for a long time since we have been writing about local technology startups since launching as an independent media startup in 2011. In 2018, the city had several big stories. Silicon Hills […]

Nine Austin Startups Make the SXSW Pitch List

Five finalists and four alternates from Austin made the list for the 11th annual SXSW Pitch event to be held at SXSW in March. Two startups from Houston and another from Missouri City, Texas also made the finalist list. “We had a record number of companies apply this year,” said Chris Valentine, event producer for […]

RetailMeNot Makes Changes at the Top With New CEO

RetailMeNot appoints Marissa Tarleton as its new Chief Executive Officer. Cotter Cunningham, founder and CEO, will become the company’s chairman. Tarleton has served as RetailMeNot’s chief marketing officer since 2015. In that role, she has led the company’s brand, consumer, and business marketing and communications initiatives. She is responsible for “driving significant transformation for the […]

AlertMedia Raises $25 Million

AlertMedia, an emergency alert notification system, Thursday announced it closed on a $25 million investment from JMI Equity. The Austin-based startup, founded in 2014, has raised more than $42 million to date from investors including Austin-based Next Coast Ventures and Silverton Partners and angel investors. Brian Cruver, chief executive officer of AlertMedia, announced the funding in […]

Life by Spot Launches with $5.85 Million in Funding

From climbing Mount Everest to diving the Great Barrier Reef, adventurous people can now get a short-term life insurance policy from Austin-based Life by Spot. “For the first time in the US, customers can quickly and easily obtain a short term life insurance policy to give them peace of mind as they live out a […]

25 Hot Austin Startups to Watch in 2019

This year, three of the startups featured in our 2018 Austin Tech Calendar were acquired by larger companies. H-E-B bought Favor for an undisclosed price. Go Daddy bought Mainstreet Hub for an undisclosed price. And News Corp. bought Opcity for $210 million. Now, Silicon Hills News has highlighted 25 startups we think will make some […]

Hypergiant Space Age Solutions Acquires Black Pixel

Hypergiant Space Age Solutions announced Tuesday that it has acquired Seattle-based Black Pixel. The financial terms of the deal were not disclosed. Black Pixel, founded in 2007, has a roster of Fortune 500 clients which it provides digital product strategy, design, and development services and builds sports, news, and media applications. Its customers include ESPN, […]

Hitch Aims to Make Hitchhiking a Ride in Texas Safe and Seamless

Hitch can hook riders up with a ride from Austin to Houston without ever putting a thumb in the air and no need to stand beside the road. The Austin-based startup wants to make hitching a ride from Austin to Houston easy and seamless and next year, it plans to expand to other cities. The […]

Ten Books for Entrepreneurs Recommended by Austin Entrepreneurs

By LAURA LOREK Publisher of Silicon Hills News In two seasons of the Ideas to Invoices podcast, Silicon Hills News has interviewed dozens of highly successful Austin entrepreneurs and many of them recommended books on their podcasts. The following list contains some of their book recommendations to aspiring entrepreneurs. So, if you’re looking for a […]

How to Improve Your Website in 2019

Sponsored Post By Swyft In an age of disruption, entrepreneurs have to constantly be on the lookout for technological change that will upend their business model. While the disruptions that garner the most attention tend to be sudden and radically transformative, just as important are the gradual changes that take place over an extended period […]

Apple to Expand in North Austin with a $1 Billion Campus with 5,000 More Jobs

Apple Thursday announced a new $1 billion campus in North Austin with 5,000 additional jobs. Apple also reports the 133-acre campus, which is less than a mile from its existing facilities, could grow to 15,000 employees and is expected to make Apple the largest private employer in Austin. “Apple is proud to bring new investment, […]

Why Companies of Every Size are Turning to a Fully-Integrated Software System

Sponsored post by Zoho Integrated software can make or break your business, but it might not feel like that now. As your business grows, you’ll develop more business processes and eventually, you’ll need software to help automate and streamline those processes. But efficient processes are seamless, and integration isn’t always that easy. Too often we […]

SourceDay Gets $6.5 Million in Funding and Plans to Double in Size in Austin

Manufacturing companies rely on suppliers to get parts on time to fill production orders and deliver goods on time. Problems can arise when a parts supplier is late or doesn’t deliver the right item or doesn’t have enough inventory on hand to fulfill the order. That’s the problem SourceDay solves. The Austin-based company has created […]

Lyft Launches Electric Scooters and Bikes in Austin

Lyft launched its dockless electric scooters and bikes in Austin Tuesday. The ride-hailing company joins Uber which launched Jump, dockless electric scooters in October in Austin and bikes last summer. Other electric scooter companies operating in Austin include Lime and Bird. Austin is the fifth market where Lyft is offering scooters on the Lyft platform, […]

Aceable Lands $47 Million in Funding

Aceable, a mobile-focused platform for certification and training courses, announced Tuesday that is has closed on $47 million in venture capital. Sageview Capital led the Series B investment. Aceable plans to use the funds to expand into new markets nationwide, according to a news release. As part of the funding deal, Dean Nelson and Mike […]

After Selling to DXC Technology, argodesign Plans to Continue its Innovative Tech Design Work in Austin

Mark Rolston founded argodesign nearly five years ago, and last month the company sold to $22 billion IT company, DXC Technology, for an undisclosed sum. Rolston, who has a more than 25-year career in the design industry, recently sat down with Silicon Hills News’ Ideas to Invoices podcast to talk about the projects his company […]

JuiceBox Hero Helps Parents Find the Right Childcare Services

Laurie Felker Jones founded JuiceBox Hero to create a marketplace for parents to comparison shop for childcare. The childcare market is highly fragmented today. New parents often don’t know where to turn to find and compare what’s available in their neighborhood. Now they can turn to JuiceBox Hero. It’s like a Kayak comparison site and […]

Hypergiant Sensory Sciences Launches

Companies collect massive amounts of data from their operations every day. The problem is making sense of the constant stream of information and applying insights from the data to improve business operations. Today, Hypergiant Sensory Sciences launches with its “mission to deliver human perception at impossible scale.” The company is creating a software platform that […]

Living Security Raises $1.25 Million to Expand its Gamified Cyber Security Training Programs

Big companies can struggle with how to engage their employees in cybersecurity training. Living Security, based in Austin, has a novel approach that focuses on behavioral design and gamification to educate employees about cyber threats in the workplace and how to avoid them. The startup has created the Cyber Security Escape Room training for employees […]

Capital One Buys Austin-based Wikibuy

Capital One this week announced its acquisition of Wikibuy, an Austin-based online website that allows shoppers to compare prices for items. The financial terms of the deal were not disclosed. Wikibuy, founded in 2016, has 20 employees, based at 3939 Bee Cave Road in Austin. Its free service has more than two million members. “We […]

Kronologic Converts Sales Leads Into Meetings Using Artificial Intelligence

By LAURA LOREK Publisher of Silicon Hills News Kronologic has created software that turns sales leads into meetings automatically. Through automation, bots and artificial intelligence, Kronologic’s software moves the conversation to the calendar, said Trey Allison, the company’s co-founder. “Let’s get to the yes quick or let’s get to the no quick and let’s cut […]