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 […]

RigUp Raises $60 Million in Additional Funding

Austin-based RigUp announced it has raised $60 million in funding. The company, founded in 2014 as an online marketplace for services and labor for the energy industry, has raised $123.8 million in funding to date. Founders Fund, based in San Francisco, led the Series C funding round with participation from existing investors Quantum Energy Partners, Global Reserve […]