CTAN is the Most Active Angel Network in the Country

The Central Texas Angel Network, known as CTAN, is once again one of the most active angel investment networks in the country, by number of deals done in 2016, according to the 2016 HALO report. The Angel Resource Institute, along with PitchBook, released the annual report last week. In 2016, the most active angel groups […]

Entrepreneur Louise Epstein Shares her Secrets to Success on Ideas to Invoices

By LAURA LOREK Publisher and reporter with Silicon Hills News In 1994, Louise Epstein launched Charge-Off Clearinghouse after serving on the Austin City Council. “I went on a shameless search to find out what was happening in the world,” Epstein said. There was an explosion in credit card debt and an explosion in debt that […]

FemtoMedical, Coffee Roasting Tech and GenXComm Present at UT Austin’s StARTup Studio

By LAURA LOREK Publisher and reporter with Silicon Hills News The latest presentations at the Innovation Center’s monthly StARTup Studio at the University of Texas at Austin show the variety of problems professor led startups are tackling. They included an acoustic monitoring technology to improve coffee roasting, a handheld laser device to shape bones and […]

Techstars Austin 2017 Demo Day Spotlights 10 Startups

By LAURA LOREK Publisher and Reporter at Silicon Hills News At South by Southwest, Guy Goldstein came up with the idea for WriterDuet when meeting with screenwriters and filmmakers. Goldstein created a platform, similar to Google Docs, to allow writers to collaborate on projects. Today, WriterDuet has more than 25,000 monthly users with 2,000 new […]

Optimizely Buys Austin-based Experiment Engine

Optimizely, based in San Francisco, announced Wednesday it has purchased Austin-based Experiment Engine. The financial terms of the deal were not disclosed. Experiment Engine, a graduate of the Austin Techstars program, creates tools and services that help companies test products online. Claire Vo, Experiment Engine’s CEO and Founder, will join Optimizely and continue to manage […]

CM First Group Raises $1.2 Million in Funding

CM First Group, a software company, announced it has raised $1.2 million in funding. The Austin-based company plans to use the funds for the expansion of its software tools and services. The Central Texas Angel Network and Lone Rock Technology Group with Capital Factory participating led the investment. CM First appointed Clint Whitaker of CTAN […]

Austin-based Factom Raises $8 million in Venture Capital

Factom, a blockchain technology company, announced Tuesday that it has closed on $8 million in funding. The Austin-based startup closed its Series A round with additional investment from Peeli Ventures, Harvest Equity and a number of Austin investors. In October, Factom announced it had closed its Series A round with $4.2 million in investment from […]

CTAN Members Invest $14.2 Million in 43 Companies in 2016

The Central Texas Angel Network reported its members invested $14.2 million into 43 companies in 2016. CTAN members made 15 new investments and 28 follow on investments into existing portfolio companies. That compares to $13.3 million invested in 43 companies in 2015. The nonprofit organization also saw a 40 percent increase in 2016 in the […]

Austin-Based LeanDNA Lands $4.5 Million in VC Funding

Austin-based LeanDNA, a data and analytics platform for factories, on Monday announced it closed on a $4.5 million round of funding. Austin-based Next Coast Ventures led the Series A round. LeanDNA received a seed stage investment from Rony Kahan, co-founder of Indeed. LeanDNA, founded in 2011, plans to use the funding to expand sales, marketing, […]

Hulu to Open a $13 Million Center in San Antonio with 500 Jobs

Hulu, the online video streaming platform, announced Thursday plans to open a new customer support center in San Antonio and invest $13 million in the project. The Santa Monica, Calif.-based company plans to bring more than 300 jobs to San Antonio this year and plans to expand to more than 500 jobs in 2018, according […]

Serial Entrepreneur and Next Coast Ventures Partner Zeynep Young Gives Tips on How to Succeed as an Entrepreneur

Zeynep Young is a serial entrepreneur who just became a venture capital partner with Next Coast Ventures. In this Ideas to Invoices podcast, Young discusses what it takes to succeed as an entrepreneur and what she looks for when making an investment. Previously, Young founded and served as CEO of Double Line Partners, an educational […]

Austin-based ClearDATA Raises $12 Million in VC Funding

Austin-based ClearDATA announced Thursday that it has raised $12 million in venture capital funding. The company plans to use the funds to expand its healthcare-exclusive, HIPAA-compliant cloud. Investors include Merck Global Health Innovation Fund, Norwest Venture Partners, Excel Venture Management, Heritage Group, HLM Venture Partners, and Flare Capital Partners. Previously, ClearDATA raised $25 million. “ClearDATA […]

TaskUs Expands to San Antonio and Plans to Hire 500 Employees

TaskUs, based in Santa Monica, Calif., announced plans to expand its San Antonio office to accommodate up to 500 employees. The company, which provides outsourced customer service jobs for companies, has leased two floors or 32,000 square feet in the Finesilver Building, an old uniform factory. The company has 60 employees in San Antonio right […]

AMD Acquires Austin-based Nitero

AMD, based in Sunnyvale, Calif., announced this week it has acquired Austin-based Nitero, which makes chips to stream virtual reality and augmented reality content to wireless headsets. The financial terms of the deal were not disclosed. Nitero, founded in 2009, had raised $4.71 million in two rounds from two investors, according to its Crunchbase profile. […]

San Antonio-based Harland Clarke Acquires RetailMeNot for $630 million

San Antonio-based Harland Clarke announced Monday it has acquired RetailMeNot for $11.60 per share or approximately $630 million. Harland Clarke, a payment solutions and marketing services company, is a wholly owned subsidiary of MacAndrews & Forbes Inc., which is owned by Chairman and Chief Executive Officer Ronald O. Perelman, a billionaire. In 2013, Harland Clarke […]

Michele Skelding Joins SkylesBayne as President and CEO

Michele Skelding is joining Austin-based real estate firm SkylesBayne as president and chief executive officer. Skelding, who resigned in December from her role as senior vice president of global technology and innovation at the Greater Austin Chamber of Commerce, will lead SkylesBayne, a commercial real estate firm specializing in office, industrial and medical tenant representation. […]

Galvanize Austin’s Mission is to Change Lives

By LAURA LOREK Publisher and Reporter with Silicon Hills News At Galvanize Austin’s one year anniversary party on Friday, Jim Deters, the company’s CEO and founder, lauded the company’s accomplishments and how it has changed lives. “The way you change the world is you democratize access for entrepreneurs to have employable skill sets,” Deters said. […]

Internet Pioneer and Ethernet Inventor Bob Metcalfe Shares Entrepreneurial Advice in this Ideas to Invoices Podcast

By LAURA LOREK Publisher and Reporter with Silicon Hills News Host of the Ideas to Invoices Podcast Internet Pioneer Bob Metcalfe is celebrating his 71st birthday today. Metcalfe is best known worldwide as the inventor of Ethernet. “A lot of people think an idea comes all of a sudden, a Eureka moment,” Metcalfe said. “But […]

Zilliant Lands $30 Million in Funding

Zilliant, founded in 1999, just landed $30 million in funding from Goldman Sachs. The Austin-based company, which created a customer relationship platform with built in artificial intelligence, plans to use the funds for global growth opportunities in the business to business enterprise industry across multiple sectors, according to a news release. “We have selected Goldman […]

Next Coast Ventures’ Founders Give Fundraising Advice

By LAURA LOREK Publisher and Reporter with Silicon Hills News Host of the Ideas to Invoices Podcast Next Coast Ventures might be able to afford to lose $1 million on an investment, but can an entrepreneur afford to lose five to ten years of their life working on a startup that doesn’t hit it big? […]

Austin Chamber Seeks Nominations for A-List Awards

It’s time to nominate the best companies in Austin for the Austin Chamber of Commerce’s A-List awards. The annual awards recognize both tech and non-tech startup companies, raising capital, in a variety of growth stages. The A-List awards recognizes Austin’s “hottest innovators and startups to help recruit additional venture capital investment and top talent to […]

Data Analytics and Battery Technology Showcased at UT Austin StARTup Studio

By LAURA LOREK Publisher and Reporter with Silicon Hills News At the monthly StARTup Studio at the University of Texas at Austin, Bob Metcalfe, professor of innovation and Ethernet inventor, announced a $48,200 innovation grant. The grant went to Professor of Biomedical Engineering Tom Milner for his microscope project. Milner developed the microscope with Martin […]

Austin Entrepreneur Joseph Kopser Considers Run for Congress

By LAURA LOREK Publisher and Reporter with Silicon Hills News Host of the Ideas to Invoices Podcast Most people in Austin’s technology community know Joseph Kopser. He is one of those people who seems to be everywhere and involved in everything from Austin’s smart city efforts and transportation issues to promoting veteran entrepreneurs and higher […]

NaturallyCurly CoFounder Michelle Breyer Created a Curl Empire in Austin

By LAURA LOREK Publisher and Reporter with Silicon Hills Host of Ideas to Invoices As a business reporter at the Austin American-Statesman, Michelle Breyer launched a website geared to girls with curls. At a party with friends and colleagues, Breyer complained about the lack of hairstyles and products for women with curly hair. At the […]

Audi Buys Austin-based Silvercar

Audi announced Thursday that it intends to acquire Silvercar, a rental car startup with a fleet of silver Audi A4 sedans. The terms of the deal were not disclosed. It is expected to close by June. Audi and Silvercar have worked together since Silvercar launched in 2012. In 2015, Audi participated in a $28 million […]

Zeynep Young Joins Next Coast Ventures

Zeynep Young, an Austin entrepreneur and former foundation director, has joined Next Coast Ventures, an Austin-based venture capital firm as Venture Partner. Young previously founded and ran Double Line Partners, an education technology startup in Austin, which sold to a private equity firm a few years ago. She also previously served as portfolio director at […]

eRelevance Corp. Adds New Executives

eRelevance Corporation, an automated marketing service for small to medium sized businesses, announced it has added two new executives. The Austin-based company hired Michael Norman as vice president of software development and Melonie Poole as director of client success. “We are very pleased to add this level of leadership and expertise to our executive team,” […]

Complete XRM Buys Fanatic Software

Fanatic Software, based in Cedar Park, now belongs to Complete XRM. The Salt Lake City-based Complete XRM did not disclose the financial terms of the deal. Fanatic Software, founded in 1997, develops mobile and Mac applications. Its flagship product is the Pocket Informant Mac, iOS and Android productivity apps. It has more than four million […]

OutboundEngine Completes Acquisition of ReadyChat

OutboundEngine, which makes an online marketing platform for small business owners, on Monday announced it has completed its acquisition of Toronto-based ReadyChat, a web-based live chat service for real estate and mortgage companies. OutboundEngine acquired ReadyChat in December of 2015. But the company remained in stealth mode until now. OutboundEngine focuses on real estate, mortgage […]

Star Citizen Raises $145 Million from Crowdfunding

By HOJUN CHOI Reporter with Silicon Hills News Managing expectations for projects that have been crowdfunded can often pose as large hurdles for innovators whose creations depend on the support of a faithful and engaged community. “Managing people’s expectations on how long it’s going to take to build and launch is probably the hardest part […]

Needed: Freedom Hackers to Fight Authoritarian Regimes

By SUSAN LAHEY Reporter with Silicon Hills News The first time Afghan entrepreneur Roya Mahboob saw the internet, it changed her life. She lived, she said in a “predefined reality.” “We live in a dark place we only see what the family chooses for us. We only hear what people say about the West.” But […]

SXSW Shines a Spotlight on the Explosive Growth of Podcasting

By TODD NEVINS Special contribution to Silicon Hills News SXSW Interactive was packed full of sessions and panels on the exponential growth of the podcast industry as well as meet ups and live podcast performances from local and global shows. Once the basics were covered in each of these panels like, “How do you start […]

Pakistan Teams with Austin for Global Entrepreneurship Opportunities

By SUSAN LAHEY Reporter with Silicon Hills News Pakistan is working hard to grow a tech ecosystem, and this week signed agreements both with the City of Austin and Capital Factory to further those efforts. A Memorandum of Understanding between the City of Austin and the City of Lahore was signed by Mayor Adler and […]

New Book Melds Crowdsourcing, Storytelling and Austin Music

Special Contribution by LISA WYATT ROE While SXSW sits at the crossroads of tech and music, the new book “Seduced by Sound: Austin, 100 Musicians on Why They Make Music” is almost a signpost. This anthology written by some of Austin’s best artists came together via a social collaboration platform built by Weeva, a Capital […]

EORA-3D and Quizling Win Australia’s Pitch Competition

By LAURA LOREK Reporter with Silicon Hills News Australia showed off its tech industry in a major way at South by Southwest Interactive 2017. And the country’s tech startups performed well, said Patrick Hanlon, Trade and Investment Commissioner and Deputy Consul General in the Houston Australian Consulate-General. The Australian Trade and Investment Commission, known as […]

How Driverless Cars Can Impact Society

By SUSAN LAHEY Reporter with Silicon Hills News No one knows precisely when driverless cars will become the norm in the U.S. but the speakers at a SXSW panel on the future of transportation can say they will impact society in myriad ways. For example, the federal government collects more than $50 billion in taxes […]

Buzz Aldrin is on a Mission to Occupy Mars

By LAURA LOREK Publisher and Reporter with Silicon Hills News Buzz Aldrin, one of the first two men to set foot on the moon, thinks that should be a stop on the journey to Mars and the U.S. should occupy the red planet. Aldrin participated in a featured session at South by Southwest Film on […]

The Ubiquity of Fully Autonomous Cars is Inevitable

By HOJUN CHOI Reporter with Silicon Hills News Industry analysts have argued that the mainstream use of self-driving cars is inevitable, suggesting that the technology will be a norm within the next 30 years. At this year’s “Innovation Policy Day” at South by Southwest, the Consumer Technology Association hosted a panel in which experts from […]

3D Printing is Changing the World

By HOJUN CHOI Reporter with Silicon Hills News As 3D printing technology continues to change the way companies approach product design and manufacturing, the industry is also reaching for new limits on its usability. Samantha Snabes, founder of startup re:3D, told South by Southwest festival goers that as the technology reaches new limits, more research […]

Data Mining with Artificial Intelligence is Making Businesses Smarter

By LAURA LOREK Publisher and reporter with Silicon Hills News Social media has caused an explosion in the amount of data generated by people and businesses in the last five years. Yet, data without analysis is worthless. That has led to the rise of artificial intelligence and machine learning coupled with the input of humans […]

Bumble Dating Founder Focuses on Civility

By SUSAN LAHEY Reporter with Silicon Hills News It’s 2017 and the rules for women in the dating world haven’t changed much. That’s what Whitney Wolfe, founder of Austin’s Bumble dating service, is trying to change. Bumble is the internet dating service that lets the woman make the first move. Men and women can express […]

Mark Cuban Thinks Government Still Needs Thoughtful Disruption

By SUSAN LAHEY Reporter with Silicon Hills News In his heart, Mark Cuban says, he’s a libertarian. Cuban supports the Trump administration’s efforts to get rid of excessive regulation. But there’s a difference between regulations designed to protect interests with money and regulations designed to protect people. Cuban spoke at a keynote discussion on Sunday […]

Ideas and Innovation Exchange Between the EU and US at SXSW

By LAURA LOREK Publisher and Reporter with Silicon Hills News For the first time, the European Union is showcasing its technology and innovation at South by Southwest. The EU has 28 member states and various ones like the United Kingdom and Ireland have been at SXSW for years in different capacities, said James Barbour, spokesman […]

Encouraging More Startups at the University of Texas at Austin

By HOJUN CHOI Reporter with Silicon Hills News University of Texas president Greg Fenves and Bob Metcalfe, inventor of Ethernet, explored ways that universities can have a bigger impact on the world at the “Research Universities Should be Better at Startups” session at South by Southwest. Metcalfe, professor of innovation at the Cockrell School of […]

Bro Culture is Hurting the Tech Industry

By LAURA LOREK Publisher and Reporter with Silicon Hills News This model of throwing lots of money at “Bros” to startup tech companies without any focus on diversity and inclusiveness is not working, said Dan Lyons. Lyons spoke to a half-empty ballroom Friday afternoon at South by Southwest Interactive on the need for reform in […]

Chilligence Launches at SXSW

South by Southwest can be a great place to launch a tech company and get traction. Honest Dollar launced at SXSW in 2015 and a year later, at SXSW, William Hurley, known as Whurley, the company’s cofounder, announced Goldman Sachs had acquired the company. This year, a different Hurley is in the spotlight. It’s Brooks […]

China Gathering Launches at SXSW

By HOJUN CHOI Reporter with Silicon Hills News Despite its growing reputation as a major economic powerhouse, U.S. investors and entrepreneurs have yet to embrace China as a viable market -namely due to its political restrictions and lack of transparency. The “China Gathering” conference and trade show at this year’s SXSW festival, however, plans to […]

Wounded Warriors Push Improvements in Prosthetic Technology

By LAURA LOREK Publisher and reporter with Silicon Hills News Biomechanical technology is enabling wounded warriors to live full lives and do incredible things like pilot a plane, ski, skydive and so much more. And Ottobock’s prosthetic technology is helping to bridge the gap between human limitation and human potential, said Cali Solorio, marketing manager […]

Austin Shows Off its Best VR/AR Startups

By HOJUN CHOI Reporter with Silicon Hills News The virtual and augmented reality industry has teased our imaginations for years now, introducing potential for audiences to reach new levels of immersion in their everyday lives. At this year’s “Austin’s Best VR/AR Startups” panel, five local startups from Capital Factory’s accelerator program showed SXSW attendees exactly […]

Australia Tech Showcased at SXSW Interactive

For the first time, the Australian Trade and Investment Commission, known as Austrade, is officially leading a delegation to South by Southwest Interactive to promote Australian innovation and ingenuity. The group includes seven startup companies. “With Austin emerging as a technology hub and SXSW Interactive regarded as a coveted global launching pad for start-ups, a […]

Silicon Hills News’ Ideas to Invoices Podcast Launches at SXSW

Silicon Hills News announces the launch of our new podcast: Ideas to Invoices, featuring Austin and San Antonio entrepreneurs and stories about how they built their companies. The first three interviews are now available for download in iTunes. The latest interview features Bob Metcalfe, inventor of Ethernet, Internet Pioneer, partner emeritus with Polaris Ventures, pundit […]

A Techstars Austin Startup: Chowbotics Lands $5 Million in Funding

Chowbotics, which participated in the Austin Techstars 2016 cohort, just announced it has received $5 million in funding. The company, which is now based in San Diego, received its Series A funding from Techstars Ventures, Foundry Group, Galvanize Ventures and the Geekdom Fund. It also changed its name from Casabots to Chowbotics. “The use of […]

Capital Factory and moovel Launch a Transportation Technology Accelerator

It’s no secret that Austin has traffic and congestion problems. So Austin seems like the perfect place for Capital Factory to team up with moovel North America, a division of Daimler AG, the maker of Mercedes-Benz, to launch MobilityX, a transportation technology accelerator. MobilityX will be part of Capital Factory, a startup accelerator and coworking […]

TurnKey Vacation Rentals Lands $21 Million in Funding

TurnKey Vacation Rentals, one of the nation’s largest vacation rental management companies, Thursday announced it has received $21 million in funding. The Austin-based startup received the funding from Adam Street Partners which led the Series C round along with existing investors including Altos Ventures, Silverton Partners and prominent travel industry angel investors. To date, the […]

Ten SXSW Interactive Events Highlighting the Austin Tech Community

A lot of locals have left town and rented out their homes on HomeAway and AirBnB to pay for their vacations. This is an early indicator that it’s time for Austin’s largest, and one of the world’s largest, technology, music and film conferences: South by Southwest. This year, Hugh Forrest, director of programming at SXSW, […]

Spotlighting Women Panels at SXSW Interactive 2017 on International Women’s Day

International Women’s Day is a great day to highlight some fantastic events at South by Southwest Interactive of interest to women. Here’s some panels to check out. Women get less venture capital then men. But lots of people are focusing on that now with hopes of changing the status quo. Here’s two panels focused on […]

SXSW.edu Spotlights Hidden Figures and a Need for Diversity in STEM Fields

By LAURA LOREK Publisher and Senior Writer with Silicon Hills News The importance of diversity and inclusiveness to solve tough problems and to spur innovation is one of the great lessons from the film Hidden Figures. The movie recounts the story of Katherine Johnson, Dorothy Vaughn and Mary Jackson, brilliant African American women who worked […]

San Antonio is Promoting SATX at SXSW for 2017

San Antonio is the seventh largest city in the country and is home to giant companies like Rackspace, USAA, HEB, Valero and the Argo Group. But three years ago, San Antonio didn’t even have a booth at the trade show at South by Southwest Interactive, the largest technology show in Texas. A lot has changed […]

Atlas Launches Shape, a Wearable Digital Fitness Coach

Atlas Wearables, a member of the first Techstars Austin cohort, officially debuted its smart fitness tracker in 2013. A year later, Atlas launched an IndieGoGo campaign and raised $638,029, more than 500 percent above its goal, to create the Atlas Wristband, which identified exercises, reps and calculated calories burned and evaluated form. The startup has […]

Austin-based Dropoff Expands to Colorado and Arizona

Dropoff has expanded its same day delivery for business service to Denver, Colorado and Phoenix, Arizona. The Austin-based startup expanded to other markets in Texas and to Florida and California last year. With the addition of these new markets, Dropoff’s same day delivery service now reaches more than 55 million people across the U.S. “There […]

TrendKite Expands to London

TrendKite, a public relations analytics company for agencies and corporate brands, has opened a new office in London. The Austin-based startup, founded in 2012, closed on $16.6 million in funding last year and to date has raised $37 million. TrendKite hired Gerard McNamara as its vice president of sales for Europe, Middle East, and Africa. […]

True Wealth Ventures’ $20 Million Fund Invests in Women-run Startups

By LAURA LOREK Publisher and Senior Reporter with Silicon Hills News Women run startups outperform all male teams yet they still struggle to get venture capital. That’s a problem Sara Brand and Kerry Rupp, with True Wealth Ventures, are seeking to solve. They are raising a $20 million venture capital fund focused on investing in […]

Ten Takeaways from VentureCrushATX

In Austin, new entrepreneurs often struggle to get cash, especially that early investment to fuel their startups from inception to billion dollar ventures. Austin is also known for bootstrapping. But lately, a number of venture capital firms have launched big funds here and others from Silicon Valley, Houston and Boston have offices here or regularly […]

Localeur Expands to London, Toronto and Vancouver

Localeur, a community of locals who share their favorite places to eat, drink and play online, Thursday announced its expansion to London. The Austin-based company also recently announced expansion to Toronto and Vancouver. The company created a website and free iOS and Android apps that allow travelers to discover unique places in a city that […]

Conversable Launches New Software Program AQUA and Plans to Triple in Size This Year

Conversable, an intelligent conversation platform for businesses, Thursday announced the launch of a new product called AQUA, which stands for Answer Questions Using AI. With AQUA, any employee in a company can push automated responses live to a bot without any knowledge of how to code. “Bots are stupid,” said Ben Lamm, CEO of Conversable. […]

Austin-based Next Coast Ventures Raises $85 Million Fund

Next Coast Ventures announced Thursday that it has closed on its debut fund at $85 million. The fund was oversubscribed by $25 million and its limited partners include leading institutional investors, funds of funds and family offices. Next Coast Ventures is looking at investing in deals in Austin and in the middle part of the […]

FileStack Releases Redesigned File Picker Product and Finds Success in San Antonio

In 2015, Filestack moved to San Antonio from San Francisco. The startup, founded in 2012 by four MIT students and a graduate of the Y Combinator program, raised $1.8 million in seed stage capital from Andreessen Horowitz, Highland Capital and SV Angel. It also received additional funding from Xenon Ventures. The company grew quickly and […]

Silverton Partners Plans to Raise $100 Million Venture Capital Fund

Silverton Partners, a venture capital firm founded in 2005, is raising a $100 million Silverton Partners V fund, according to documents filed with the Securities and Exchange Commission. The Austin-based venture capital firm lists Adam Chibib, Michael Dodd, Morgan Flagler and Kip McClanahan as its general partners. Bill Wood, Silverton Partners’ founder, was not listed […]

Second Annual San Antonio Startup Week Kicks Off

The second annual San Antonio Startup Week is taking place this week at various venues downtown. Events run Monday through Friday at the annual event which features sessions geared to entrepreneurs and early-stage companies. This year, Geekdom, USAA and Trinity University are sponsoring San Antonio Startup Week. A full schedule of events can be found […]

Certain Affinity Moves to New Building, Plans to Double in Size

Max Hoberman grew up in Austin, graduated from the LBJ High School, now called the Liberal Arts and Sciences Academy of Austin. Then he went on to get a bachelor’s degree in photojournalism from the University of Texas at Austin’s College of Communications. After graduation, he decided to pursue a career as a game developer […]

San Antonio-based Xenex Raises $38 Million More

Xenex Disinfection Services, which makes a germ zapping robot for hospitals, just announced it has raised an additional $38 million. The San Antonio-based company, founded in 2009, has raised $94 million to date. Originally founded in Austin by Brain Cruver, Julie Stachowiak and Mark Stibich, the company moved its headquarters and manufacturing operations to San […]

Mailgun Raises $50 Million and Spins Out From Rackspace

Mailgun, an email startup, spins out of San Antonio-based Rackspace and announces it has raised $50 million. Mailgun, based in San Antonio has offices in Austin and San Francisco. Turn/River Capital led the investment round with participation from Scaleworks and Rackspace. The company plans to use the money to accelerate product development and expand customer […]

How to Get Your Company Noticed at SXSW Interactive

South by Southwest is a great place for a startup or even an established company to get some traction. It doesn’t matter if you have a big budget or a low budget, there are all kinds of ways to stand out from the crowd at South by. Some of them require a lot of advance […]

Apply Now to Pitch at Capital Factory’s Funding Day for a Chance at a $100,000 Investment

Got a world changing idea? Then you might want to apply to Capital Factory’s $100,000 pitch competition. Capital Factory, a high tech accelerator and coworking center in Austin, announced recently that it has gathered together a group of investors to give one startup a $100,000 investment. “Any tech or consumer startup can apply on AngelList […]

Klever Logic Rebrands to FlashParking

Klever Logic is no more. The Austin-based startup announced on Tuesday that it has rebranded to FlashParking since its parking attendants are known as the “Flash Guys.” Under the move, all of Klever Logic’s solutions including FlashValet, FlashPARCS and FlashMobile are now under the FlashParking brand. The company also launched a new website which provides […]

data.world Lands $18.7 Million More in Venture Capital Funding

The fast growing data.world, a social network for data people, Tuesday announced it has closed on $18.7 million in venture capital funding. The Austin-based startup reported the funding round closed at double the valuation of its previous round. To date, data.world has raised $32.7 million. The company plans to use the money to build its […]

Tech Events to Attend in San Antonio This Week

It’s a busy week for tech events in San Antonio with Startup Weekend kicking off Friday and running through the weekend. And the following week is the second annual San Antonio Startup Week. MONDAY – Feb. 20 – 9 a.m. to 2 p.m. at Southwest Research Institute – Southwest Research Institute Annual Meeting featuring presentations […]

Tech Events to Attend in Austin This Week

South by Southwest Interactive is less than a month away so it’s time to prepare. This week, there are several events that will help you do just that. Make plans to attend the PR Over Coffee Event at Galvanize on Wednesday evening featuring Silicon Hills News and other local media outlets discussing how to get […]

Microscope, Medical Device and Cancer Detection Technology Showcased at UT Austin StARTup Studio

By LAURA LOREK Founder of Silicon Hills News The StARTup Studio at the University of Texas at Austin gives professor led companies a chance to showcase their research and its applications. Last Wednesday night, three groups of professors presented their startups at the monthly invitation-only gathering in a conference room in the Ernest Cockrell Jr. […]

Indeed to Add 500 Jobs in Ireland

Austin-based Indeed plans to hire 500 employees in Ireland during the next two years as part of an expansion plan for its Dublin-based headquarters for Europe, the Middle East and Africa. Indeed is hiring sales, client services, human resource, business development, marketing, finance, strategy and operations employees, according to a news release from Ireland IDA. […]

uShip Lands $25 Million in Venture Capital Funding

uShip, the online shipping marketplace and freight automation software provider, Wednesday announced it has closed on a $25 million round of funding. DB Schenker, one of the world’s largest logistics companies owned by Deutsche Bahn AG, led the Series D round. To date, Austin-based uShip has raised $50 million with previous rounds led by Benchmark […]

Austin-based My Fit Foods Closes all of its Stores

Austin-based My Fit Foods posted a notice on its website announcing the closure of all of its stores effective immediately. The company, founded in 2006, has stores in Austin and San Antonio. The company expanded to a total of 80 locations in five states nationwide. It specialized in creating healthy prepared meals for customers. “Since […]

Spredfast Lays Off 47 Employees and Closes its Wisconsin Office

In a reorganization and move to cut costs, Spredfast recently notified the state of Wisconsin of its plans to close its Madison office and layoff 47 employees. Austin-based Spredfast, a social media marketing firm, let go 21 employees last week and offered the others the opportunity to stay on until the office shuts down completely […]

Javelin Networks Lands $5 Million in Funding

Austin-based Javelin Networks, a cybersecurity startup, announced it has closed on $5 million in funding. Investors participating in the Series A round included RSL Capital, Hillsven Capital, UpWest Labs, Tomer Weingarten, CEO of SentinelOne and pother private investors. Javelin Networks makes software that provides autonomous breach prevention, containment, threat hunting and incident response capabilities in […]

uShip Names New CEO

Austin-based uShip, an online shipping marketplace and freight automation software provider, on Wednesday announced Mike Williams has joined the company as its new Chief Executive Officer and board member. uShip also announced that Jim Martell, the company’s interim CEO since last December, has been named Executive Chairman of uShip’s board. Williams previously served as general […]

Rackspace Lays Off 6 Percent of its U.S. Workers

Three months after its $4.3 billion acquisition by Apollo Global, Rackspace Tuesday announced it is cutting 6 percent of its U.S. workers. Founded in 1998, Rackspace is one of San Antonio’s largest technology companies with about 5,000 employees worldwide. It has about 3,700 employees based at its headquarters at the former Windsor Park Mall in […]

SubVRsive Lands $4 Million in Funding and Hires New CEO

SubVRsive, a cinematic virtual reality production house, announced it has received $4 million in funding and hired a new Chief Executive Officer. WPP, a global communications services company, invested in the Series A round. The Austin-based startup, founded in 2015, hired Johannes Larcher as its CEO. He most recently served as executive at Hulu, the […]

Carvana Opens a Coin Operated Car Buying Vending Machine in Austin

Just like buying a can of Coke, a giant Carvana fully-automated coin-operated car vending machine will deliver consumers cars. It opens in Austin Tuesday morning. Carvana, the online used car buying platform, has installed a car vending machine located to the South of Stassney Lane at 6014 S. IH 35. It has a similar machine […]

DivInc’s Spring 2017 Application Deadline is Friday

Diversity in tech is one of the most pressing issues facing Austin’s technology industry and the technology industry as a whole. Getting more women and minorities involved in the technology industry is a key to innovation and growth of the overall ecosystem, said Preston James, one of the founding members of DivInc, a 12-week accelerator […]

OwnLocal Acquires Print2Web

Austin-based OwnLocal announced its acquisition of Print2Web, a digital service provider to the newspaper industry, on Monday. The financial terms of the deal were not disclosed. Print2Web, founded in 2001 in St. Petersburg, Florida, was one of the first companies to digitize print ads for newspapers. The company works with more than 450 newspapers and […]

Andela Connects Austin Tech Companies with Tech Talent in Africa

By LAURA LOREK Founder of Silicon Hills News The shortage of tech talent is acute in Austin and every U.S. city. The U.S. faces a shortage of as many as 21 million skilled workers by 2020 in manufacturing, energy, health care, technology, education and other fields, according to the U.S. Bureau of Labor Statistics. To […]

ConfirmX Launches Urgent Care Check-In Service

Austin-based ConfirmX has launched its Urgent Care Check-In Service in Austin, San Antonio, Dallas, Houston and Phoenix, Arizona. The company, founded by Dr. Sherard Houston, an emergency room physician, makes online search and check-in for emergency rooms and urgent care facilities easier for patients. And the company drives more business to the healthcare facilities. Dr. […]

Texas Program to Test Driverless Vehicles in Austin, San Antonio and Other Cities

Institutions in Austin and San Antonio are collaborating on a ground breaking new pilot program in Texas to test driverless vehicles. The alliance of organizations helped land a U.S. Department of Transportation designation for Texas as a national proving ground for testing connected and automated vehicle technologies. The Texas Automated Vehicle Proving Ground includes Southwest […]

Laura Kilcrease Leaves Austin to Head up the Alberta Innovates Corp.

By LAURA LOREK Founder of Silicon Hills News Austin has lost one of its greatest proponents of the technology industry, Laura Kilcrease to Alberta, Canada. Last week, hundreds of people turned out at the Four Seasons Hotel downtown for a going away happy hour to honor Kilcrease, who has been a pillar of the Austin […]

RxWiki Merges with TeleManager Technologies and Launches Digital Pharmacist

Austin-based RxWiki, a digital health company, has announced its merger with TeleManager Technologies, a communications solutions company based in Newark, New Jersey. The financial terms of the deal were not disclosed. Together, they have launched Digital Pharmacist with 55 employees. The company provides digital, communications and other solutions for 5,500 pharmacy locations, national pharmacy wholesalers, […]

UT at Austin Professors Present Early-Stage Pharmaceutical Startups

By LAURA LOREK Founder of Silicon Hills News The StARTup Studio put on by the Innovation Center at the University of Texas at Austin had a decidedly pharmaceutical focus during its January presentations. Three professor-led startups presented a variety of ideas including a traumatic brain injury treatment drug, a peptide sequencing platform to combat bacteria […]

Austin-based BuildGroup Invests $30 Million in CSDC Systems in Toronto

Austin-based BuildGroup announced Tuesday that it has invested $30 million in CSDC Systems, a software company based in Toronto, Canada. CSDC Systems makes software for licensing, permitting, and compliance duties for local, state and federal governments hosted on its online platform. The company plans to use the money to support customer growth, product expansion, support […]

ATX Seed Ventures Invests in GoCo’s $2.5 Million Round

ATX Seed Ventures announced it is the lead investor in GoCo’s $2.5 million financing round. Other investors included Guardian Life Insurance and Salesforce Ventures. GoCo.io, based in Houston, is a software startup that provides an all-in-one Human Resources platform focusing on small to medium sized companies. Its founders, Nir Leibovich, Jason Wang and Michael Gugel […]

car2go Offering Mercedes-Benz Vehicles in Austin

car2go, the largest flexible one-way carsharing service in North America, announced this week plans to offer Mercedes-Benz vehicles in Austin and other cities. The company, which is a wholly-owned subsidiary of Daimler North America Corp, the parent company of Mercedes-Benz, announced that the majority of its 5,500 car fleet in North America will be comprised […]

YouEarnedIt Gets $6.5 Million in Funding

YouEarnedIt Tuesday announced it has received $6.5 million in funding. The Austin-based startup plans to use the funds to further product development on its software as a service human resources rewards platform, sales and marketing. Silverton Partners, based in Austin, and IDG Partners, based in San Francisco, led the Series A round. Existing investors include […]

SpareFoot Wins the Sixth Annual Startup Games

SpareFoot won the 2017 Austin Startup Games last Saturday afternoon at Fair Market on Austin’s East side. SpareFoot received gold medals in MarioKart, foosball, shuffle board, pop-a-shot, and flip cup. It received bronze medals in Ping Pong and Trivia. The company won by 11 points overall. SpareFoot is a veteran of the startup games and […]

Capital Factory, a Google for Entrepreneurs Partner, Continues to Expand in Austin

Capital Factory has come a long way since it launched its collaborative coworking space on the 16th floor of the Austin Centre downtown in May of 2012. The technology accelerator, which bills itself as Austin’s center of gravity for entrepreneurs, has grown to become one of the largest tech entrepreneurial hubs in the country. This […]

RealCo, a Startup Accelerator, Plans to Launch at Geekdom in San Antonio

RealCo, a startup accelerator, plans to launch in San Antonio at Geekdom next month. The new program is aimed at business to business startups. The 15-month long program focuses on providing networking, capital, mentors and other resources to early stage startups. The program expects to have up to ten startups with rolling admissions on a […]

Talking Australia and Texas Technology Collaboration on Australia Day

By LAURA LOREK Reporter with Silicon Hills News Steven Ciobo, the minister for trade, tourism and investment for Australia, spent Australia Day, the day Australians celebrate the founding of its nation, in Austin promoting trade with Texas. “There is a strong focus in continuing to diversify the Texas economy and therein lays the opportunity as […]

Well Beyond Care Wins Rice Alliance Austin-CTAN Pitch Competition

By LAURA LOREK Reporter with Silicon Hills News Well Beyond Care, an online caregiving matchmaker service, won the first Rice Alliance-Austin Chapter and Central Texas Angel Network pitch competition on Wednesday night at the Alamo Drafthouse on South Lamar. The Austin-based winner received a prize package worth more than $100,000 including “in kind” prizes from […]

Samba TV’s Austin Engineers Create Interactive Television

By LAURA LOREK Reporter with Silicon Hills News Samba TV, a San Francisco-based company which provides real-time television data and analytics, opened an office in Austin two years ago. Omar Zennadi, co-founder of Samba TV and director of engineering, heads up the local office with ten employees. It’s primarily engineering focused, he said. Zennadi is […]

Austin’s Venture Capital Investment Deals Drop 7 Percent in 2016

By LAURA LOREK Reporter with Silicon Hills News Venture capital investments in Austin dropped 7 percent in deal flow to 112 deals and $834 million invested in 2016, down 3 percent, compared to the previous year, according to the MoneyTree Report from PricewaterhouseCoopers. Still, Austin outperformed the U.S. market which saw a drop of 16 […]

Austin-based Tiger Pistol Makes a Big Noise for Small Businesses

By LAURA LOREK Reporter with Silicon Hills News A tiger pistol shrimp is the planet’s loudest creature. With one claw larger than the other, when it snaps that claw, the sound can reach 218 decibels -louder than a gunshot. And that’s why Steve Hibberd and his co-founder Troy Townsend named their startup, Tiger Pistol, when […]

Four Austin Startups are Finalists in the SXSW Accelerator Pitch Competition

South by Southwest just announced four Austin startups made the finalists and two companies made the alternates list in the highly competitive SXSW Accelerator Pitch Event. The finalists from Austin include Litmus Health in the Health and Wearables category, FishViews and Makerarm in the Innovative World Category and SPLT in the transportation category. The alternates […]

Five Events to Attend in Austin This Week

We’re still basking in the glow of the Austin Technology Calendar Party last Friday at Galvanize Austin. It was a great event and a good time for all. If you missed it and you want a Austin 2017 Wall Sized Tech Calendar for $30 each, please contact Laura Lorek. Austin always has a lot of […]

Thoma Bravo Acquires Austin-Based Planview

Thoma Bravo, a private equity firm, announced Thursday its plans to acquire Planview, an Austin-based software company. The two companies have entered into a definitive agreement for Thoma Bravo to acquire Planview form Insight Venture Partners. The financial terms of the acquisition were not disclosed. Thoma Bravo will become the new majority shareholder of Planview […]

Favor Pulls out of Other States to Focus on the Texas Market

In 2013, Zac Maurais and Ben Doherty launched Favor in Austin to deliver food to people’s doorsteps. The startup quickly grew and later that year, Favor attracted $2 million in seed stage funding. The next year, the company landed $13 million with plans to expand nationwide. Those plans came to a halt this week. Favor […]

Grayline is the Brainchild of Joseph Kopser and Bret Boyd

By LAURA LOREK Reporter with Silicon Hills News Austin entrepreneurs Joseph Kopser and Bret Boyd have launched Grayline, a corporate consulting firm. Kopser previously worked as global president of moovel, a subsidiary of Diamler AG. Moovel recently announced plans to consolidate operations to Portland. Kopser cofounded RideScout and sold it in 2014 to Car2Go, an […]

Roomify Relocates to Austin to Scale its Dorm Room Furnishing Business

By LAURA LOREK Reporter with Silicon Hills News Roomify moved from Dallas to Austin last summer to plug into the city’s vibrant tech entrepreneurial scene. “This is where we wanted to scale the company,” said Shanil Wazirali, the startup’s co-founder. Last May, Wazirali, 27, and his cousin and co-founder, Sagar Hemani, 25, raised a seed […]

Shark Tank is Looking for Startups

Want to take a roadtrip to potentially pitch at Shark Tank? Shark Tank, the Emmy winning entrepreneurial pitch show, is holding a casting call at the Small Business Expo in Dallas on Wednesday. The show is searching for the best entrepreneurs with the brightest ideas. “If you’ve got a great business, product or idea and […]

National Instruments Opens the NI Industrial IoT Lab in Austin

National Instruments announced this week it has opened an Industrial IoT Lab in Austin. The new lab will focus on technology that connects things to the internet including microgrid control and communication, advanced control for manufacturing and asset monitoring for heavy equipment. National Instruments will also work with other companies to make sure devices work […]

Main Street Hub Closes on $27 Million in Debt Refinancing and Expansion

Main Street Hub, announced this week, that it has closed on $27 million debt refinancing and expansion with Silicon Valley Bank. The Austin-based startup plans to use the funds to further develop its technology and sales operations. To date, Main Street Hub has raised more than $70 million of equity and debt financing. The company […]

Must-Attend Events in Austin This Week

The Silicon Hills News Tech Calendar Party kicks off on Friday at 6 p.m. at Galvanize. There are still a few regular priced tickets available, but only through Monday. We hope to see you there. Silicon Hills News would like to thank Alamo Beer, our beer sponsor for the event along with Tito’s Vodka, our […]

Infocyte Receives $3.4 Million in Funding

San Antonio-based Infocyte, a cybersecurity startup, received $3.4 million in Series A funding led by Austin-based LiveOak Venture Partners. Other investors included Feik Enterprsies and Hollis Family Partnership. As part of the deal, Live Oak General Manager Venu Shamapant and Nicolas Hollis, CEO of Coherent Cyber, will join the Infocyte board of directors. “The Infocyte […]

Geekdom and USAA Partner to Offer Military Discounted Membership

Geekdom announced a partnership with USAA, one of San Antonio’s largest employers, on Wednesday. Under the partnership, USAA will subsidize the cost of a membership at Geekdom for military veterans, active duty military, and spouses of military, up to 50 percent, said Eric Smith, Chief Technology Officer at USAA. USAA is providing $60,000 in sponsorship […]

A Blueprint for B2B Tech Trade Shows

By David Manzer Sponsored Post Many B2B companies here in Austin look to trade shows as a way to grow their business and brand awareness. They are not alone. The average B2B company annually invests more in trade shows — nearly 40% — than any other single marketing initiative. What many B2B companies may not […]

Seven Tech Events to Attend in San Antonio This Week

Geekdom is still the center of technology entrepreneurial activity in San Antonio as evidenced by the number of events taking place this week. But this week, San Antonio is also the center of activity for tech leaders from all over Texas. The Academy of Math, Engineering and Science of Texas, known as TAMEST, is having […]

Eight Austin Tech Events to Attend This Week

Looking for something to do this week? We’ve got you covered. Check out some of these events happening around town. And also snag a ticket to Silicon Hills News’ 2017 Austin Technology Calendar Party at Galvanize, which takes place the following week. But regular ticket sales end on Friday. (We have to know how many […]

20 Hot Austin Startups to Watch in 2017

By LAURA LOREK Reporter with Silicon Hills News For the past six years, we’ve watched numerous Austin technology startups launch and go on to achieve great feats. This year, we’ve highlighted 20 that we think will make some big moves in 2017. Two of them could possibly file to go public this year: WP Engine […]

Six Austin Entrepreneurs Make the 2017 Forbes 30 Under 30 List

Forbes just named six Austin entrepreneurs to its 2017 Forbes 30 Under 30 list. The list highlights “game changers” under 30 years old who are transforming industries and changing the world. Forbes picked 600 honorees from more than 15,000 submissions. It picked 30 winners for each of 20 categories. In the consumer tech category, Forbes […]

Indie Microblogging Kickstarter Project in Austin Reaches its Goal in One Day

Independent microblogging is a hot topic right now. Manton Reece, a developer and podcaster in Austin, launched a Kickstarter to publish a book on microblogging and to spur interest in his new Micro.blog software. It’s a timeline and publishing platform for the open web. Within one day, Reece’s Indie Microblogging Kickstarter was fully funded. And […]

Tips on How to Overcome the Fear of Rejection From Jia Jiang

Former Austinite Jia Jiang, a blogger and entrepreneur, undertook a bold adventure a few years back that toughened him up and led him to accept rejection. Since then, Jiang, who now lives in Silicon Valley, has been sharing his rejection therapy knowledge with others. For 100 days in 2012, around the Austin area, Jiang sought […]

Want to Kick 2017 Off Right? Attend These 5 Tech Events in Austin This Week

TUESDAY – How to Meet Investors in Austin and Ask Me Anything with Joshua Baer at Capital Factory starting at 4:00 p.m. with a tour. CORRECTION: The event begins at 4:30 p.m. and also features Silverton Partners’ General Partner Morgan Flager. Tickets cost $10. WEDNESDAY– The Austin Forum on Technology and Society presents Top Tech […]

Five of the Best Austin Startups that Launched in 2016

data.world – This startup, which launched in July with $14 million in venture funding, seeks to solve the problem of making data fast and easy to find online. It also wants to make that data easy to use to solve problems. It bills itself as a “social network for data people.” The company is founded […]

The Central Texas Angel Network Streamlines its Application Process

For the first time in five years, the Central Texas Angel Network has restructured its funding cycle and its first deadline to apply is coming up on Jan. 4th. CTAN streamlined its application process so that all deals now fall into five categories: business to business software, business to consumer software, hardware, life sciences and […]

Ten Tech Trends to Watch in 2017 in Austin and San Antonio

This year Silicon Hills News is spotlighting the top 10 tech trends to watch in Austin and San Antonio in 2017. There are three more bonus areas to keep an eye on: energy – both clean and fossil fuel startups, water – the new part of the Austin Technology Incubator at the University of Texas […]

Silicon Hills News Invites You to the Party of 2017

Silicon Hills News is once again producing an Austin Technology Calendar featuring some of the best and brightest in the local technology community. And we’re throwing a party to celebrate at Galvanize with drinks, food and entertainment. This party will sell out. So it’s best to get your tickets right now while they are the […]

Top 20 San Antonio Technology Stories in 2016

San Antonio had a roller coaster year in tech in 2016 with the sale of one of its largest technology companies, Rackspace, to Apollo Global for $4.3 billion. It also increased the funding available to entrepreneurs through the founding of the San Antonio Angel Network. But it also saw the Techstars Cloud program leave the […]

25 of the Biggest Tech Stories in Austin in 2016

Here’s the top 10 list of what the stats report as the most popular stories for the Austin technology community in 2016 on the Silicon Hills News website. Indeed Plans to Hire 1000 Employees in Austin Condé Nast Plans to Go Big in Austin OJO Labs Lands $5.8 Million in Venture Capital Stealth Startup Magic […]

Kickstarter Designates Silicon Hills News’ Ideas to Invoices Podcast as a “Project We Love”

Silicon Hills News launched its Ideas to Invoices podcast project on Kickstarter on Dec. 12 and met its goal in two days. On Dec. 20th, Kickstarter designated the Ideas to Invoices podcast as a “Project We Love” in the journalism category. The crowdfunding portal hand picks a select group of projects from the thousands submitted […]

Greater Austin Chamber of Commerce Loses Major Tech Advocate

Michele Skelding is stepping down from her role as senior vice president of global technology and innovation at the Greater Austin Chamber of Commerce. In that role for the past three years, Skelding has spearheaded the Chamber’s efforts to develop Austin as a top global region for technology innovation, company formation and expansion. She has […]

Sync1 Systems Launches in Austin with $4 Million in Funding

Sync1 Systems, a financial technology startup, has launched in Austin. The startup, a Credit Union Services Organization, received $4 million in private equity and debt financing and it also merged with FI-Mobile, an Austin-based provider of mobile banking solutions. The company is creating a new loan origination platform focused on credit unions which it plans […]

Newormics, Cogitai and Opticlean Pitch at UT Austin’s Startup Studio

By LAURA LOREK Reporter with Silicon Hills News Pharmaceutical researchers have file cabinets filled with information on potential drugs that have not yet been thoroughly tested. A cure for Parkinson’s disease, ALS, or Amyotrophic Lateral Sclerosis or Alzheimer’s disease, may be in one of those files. Those untested drug compounds linger because the process from […]

Ethernet Inventor Backs Innovation Grant Program at UT Austin to Accelerate Professor-Led Startup Activity

By LAURA LOREK Reporter with Silicon Hills News Professor-led startups at the University of Austin at Texas just got a big boost in grant funding this week. Bob Metcalfe, director of the Innovation Center at UT and professor of innovation, and Robyn Metcalfe, director of Food+City at UT, donated $100,000 through their Metcalfe Family Foundation […]

Whurley Touting the Benefits of International Travel From Austin on British Airways

“The only thing that separates my success from all those other people who want to be successful so bad is doing it,” William Hurley, known as Whurley, serial entrepreneur and cofounder of Honest Dollar, acquired by Goldman Sachs and Chaotic Moon, acquired by Accenture. For anyone paying any attention in Austin, it’s been quite a […]

Fashion Metric Rebrands as Bold Metrics and Expands Into Sports and Virtual Reality

By LAURA LOREK Reporter with Silicon Hills News Ever try to buy a bike online or a pair of skis? It’s difficult to tell what size equipment will fit. That’s the problem Bold Metrics is trying to solve with its proprietary software that relies on algorithms and data science to accurately provide body measurements that […]

Say Hello to Waymo Driverless Cars in Austin

Google’s self-driving car project is now Waymo, an independent company spinning out of Alphabet company. And it has a major presence in Austin. In fact, Waymo achieved a huge technical milestone in Austin on its path to independence. Unbeknownst to many until now, Waymo completed the world’s first fully self-driven ride on public roads in […]

Geekdom has a Huge Impact on San Antonio’s Downtown Tech District

By LAURA LOREK Reporter with Silicon Hills News Five years ago, Geekdom set up operations on the 10th floor of the Weston Centre in downtown San Antonio. Geekdom was the brainchild of Graham Weston, former Chairman and co-founder of Rackspace and Nick Longo, founder of CoffeeCup Software. They wanted to create a technology hub in […]

DivInc. Seeks to Make Austin the Most Diverse Startup Ecosystem in the Country

By LAURA LOREK Reporter with Silicon Hills News Austin and the U.S. overall still have a challenge with diversity in entrepreneurship. A low percentage of African American, Latino and women owned businesses have access to the resources they need to grow, said James Preston, co-founder of DivInc., a startup accelerator focused on diversity in Austin. […]

Austin Technology Advocate Pike Powers Named 2017 Texan of the Year

One of the pioneers of Austin’s technology industry, Pike Powers has been named 2017 Texan of the Year by the Texas Legislative Conference. Powers is well deserving of the award. Powers is the long-time managing partner of the Austin office of Fulbright & Jaworski (now Norton Rose Fulbright). Past recipients of the award include his […]

Princess Astrid of Belgium Visits Austin, San Antonio and Other Texas Cities on an Economic Mission

Her Royal Highness Princess Astrid of Belgium is visiting Texas this week on an economic trade mission. On Sunday, Princess Astrid, the sister of Belgium’s current monarch King Philippe, attended a reception at the University of Texas at Austin hosted by its President Greg Fenves. About 200 business executives, trade representatives and members of the […]

Dell Medical School is Looking for Big Ideas to Improve Community Health

A popular mantra in Austin is the call to think bigger. The new Dell Medical School is part of that movement. Its Center for Place-Based Initiatives is asking people to submit ideas aimed at “improving the health of vulnerable communities in Central Texas, especially those in Austin and other parts of Travis County,” according to […]

Apply to Pitch at the Rice and CTAN 2017 Startup Pitch Competition in Austin

Want a shot at winning an investment and other prizes? Early stage startups are encouraged to apply to pitch at the 2017 Startup Pitch Competition, organized by the Rice Alliance-Austin Chapter and Central Texas Angel Network, known as CTAN. The deadline to apply is Dec. 5th at midnight. The pitch competition, sponsored by American Bank, […]

HOLT Ventures Launches and Hosts Industrial Technology Pitch Competition at SXSW

HOLT Ventures, the new investment arm of HOLT CAT, plans to select 15 startups to showcase their disruptive technology in the industrial space at the first Industrial Technology Pitch Competition at South by Southwest Interactive next year. But the deadline is looming to participate. Interested startups must apply by Dec. 16. HOLT Ventures has teamed […]

Austin-based Get Smart Content Raises $1.75 Million

Get Smart Content, which makes a personalized marketing platform, has raised $1.75 million, according to a form filed with the Securities and Exchange Commission. The Austin-based startup plans to use the funds to expand its sales operations and marketing efforts, according to a news release. Investors included Virgo Capital and Origin Ventures. To date, the […]

Procore Technologies Expands Austin Office

Procore Technologies, which makes construction management software, has expanded its operations in Austin. The company, based in Santa Barbara, Calif. established its second largest office in Austin three years ago and because of solid growth, the company is moving into the 18th floor of the Chase Tower building, said Doug Madey, the company’s spokesman. Procore […]

Cyber Monday Shopping Expected to Break Records

It’s the biggest Cyber Monday shopping day in history. Today, an estimated 122 million Americans planned to shop online, up from 121 million last year, according to a survey by the National Retail Federation. “On Cyber Monday, retailers deliver online discounts unlike any other day of the year—driving consumers to shop online no matter where […]

Encouraging Austin Entrepreneurs to Think Big

By LAURA LOREK Reporter with Silicon Hills News Do Austin entrepreneurs think big enough? That’s a question Silicon Hills News has heard debated in several forums for the past six years. The conclusion is often that Austin needs bigger thinkers. But at the “Think Big! With Mike Maples Jr., Jimmy Treybig and Brett Hurt,” panel […]

When to Quit the Startup Grind and Work on Something Else

At the Think Big! Capital Factory panel discussion at Alamo Drafthouse Ritz Monday, Joshua Baer, founder of Capital Factory, asked a question about when is it time to quit doing a mediocre startup and work on something legendary. Mike Maples Jr., managing partner of Floodgate, a venture capital firm, answered with advice that is not […]

UT Austin Professors Commercialize Technology to Detect Cancer, Etch Silicon Chips and Abate Underwater Noise

By LAURA LOREK Reporter with Silicon Hills News University of Texas at Austin Chemistry Professor Livia Eberlin is creating a better way for surgeons to rapidly perform and diagnose cancer biopsies. With a new pen-like medical device with a mass spectrometer, surgeons can extract molecules from tissue and test samples in real time. The sample […]

7 Takeaways from InnoTech Austin’s Creating a Welcoming and Inclusive Workplace for Women in Tech

At InnoTech Austin, a day long series of sessions focused on Women in Technology. It included one on one mentoring meetings and lots of talks designed to help women succeed in the technology field. In the afternoon, Barbary Brunner, Chief Executive Officer of the Austin Technology Council, moderated a panel discussion on creating a welcoming […]

InnoTech Austin’s Beta Summit Showcases Five Innovative Startups

By LAURA LOREK Reporter with Silicon Hills News The InnoTech Austin Beta Summit is where Austin startups go to get exposure – many for the first time. In the past, Bryan Menell, Chief Operating Officer at AngelSpan, has hosted companies like Spredfast, OtherInbox, Trust Radius and Compare Metrics. The Beta Summit has a good track […]

Cancer Therapy and Research Institute Lands $5.8 Million in CPRIT Grants

The Cancer Therapy & Research Center at the University of Texas Health Science Center at San Antonio just landed a $5.8 million in grants from the Cancer Prevention & Research Institute of Texas. The center plans to use almost $4 million to fund five additional years of cancer research training at the health Science Center, […]

Curiosity, Confidence and Fearlessness Shaped Fashion Icon Diane von Furstenberg’s Life

By LAURA LOREK Reporter with Silicon Hills News As a little girl in Brussels, Belgium, Diane von Furstenberg did not know what she wanted to do when she grew up but she wanted to be a woman of independence who could pay her own bills and drive her own bus. She got what she wanted. […]

Spotlighting the Need for More Women in Tech at the Texas Conference for Women

By LAURA LOREK Reporter with Silicon Hills The Texas Conference for Women is not a technology conference. Historically it has focused on a diverse array of topics including career development, health and wellness, community connections, social impact, arts and culture and more. But this year, the conference had a bigger focus on women in technology. […]

Federal Grants Focus on Making the Tech Industry More Inclusive

By LAURA LOREK Reporter with Silicon Hills News The tech industry has a diversity problem with Black, Hispanic and Asian employees making up just 7 percent, 8 percent and 14 percent respectively of the technology workforce in the U.S., according to an Equal Employment Opportunity Commission report. And women make up 35.6 percent of the […]

U.S. Assistant Secretary of Commerce in Austin to Award ATI, UTSA and True Wealth Ventures Federal Grants

By LAURA LOREK Reporter with Silicon Hills News At Austin City Hall, the U.S. Assistant Secretary of Commerce for Economic Development Jay Williams Tuesday announced $15 million in grants for 19 states including $1.5 million earmarked for Texas with the bulk of that going to organizations in Austin and San Antonio. “The diversity in programs […]

The U.S. Military Kicks Off “Hack the Army” Program at Capital Factory in Austin

The Secretary of the Army Eric Fanning visited Capital Factory on Friday to announce a new program called Hack the Army, the U.S. Army’s first bug bounty challenge in partnership with HackerOne. “The largest branch of the U.S. military is preparing to be hacked to enhance its security in the coming weeks,” according to a […]

InnoTech Austin Announces 2016 IT Executives of the Year Finalists

The 13th annual InnoTech Austin, one of the city’s longest running technology conferences, takes place next Thursday at the Austin Convention Center. The conference organizers announced finalists for its 2016 IT executives of the year awards. The winners will be announced at an awards reception Thursday afternoon at the conference. The finalists for corporate IT […]

It’s Time for Austin to Become “Startup Capital of the World”

By DAVE MANZER Sponsored Contribution to Silicon Hills News Many are familiar with Austin’s official slogan: “Live Music Capital of the World.” The city officially adopted the slogan in 1991 after it was discovered that Austin had more live music venues per capita than any other city in America. In a bit of marketing hocus […]

Q&A with Joseph Kopser of moovel

Joseph Kopser is global president of moovel, a division of Daimler Ag, the maker of Mercedes-Benz. But he’s also a successful entrepreneur as co-founder of RideScout, a startup smartphone app created to increase transportation efficiency by getting people out of their cars and into other public, commercial and private options. Before that, Kopser spent 20 […]

moovel Moves Austin Team to Portland Headquarters

In April, Austin-based RideScout and Portland-based GlobeSherpa merged and re-branded to form moovel North America, a subsidiary of Daimler. And on Wednesday, moovel announced plans to consolidate its operations and house everyone at its Portland, Oregon headquarters. All of 36 employees in the Austin office are being offered a full relocation package to move to […]

Q&A with Whurley of Honest Dollar

William Hurley, known as Whurley, is a successful serial entrepreneur who embodies Austin’s creative spirit. Most recently, he co-founded and serves as CEO of Honest Dollar, a fintech startup which recently sold to Goldman Sachs. Before co-founding Honest Dollar, Whurley co-founded Chaotic Moon, which sold to Accenture. He also worked in research and development at […]

The Inaugural Austin Design Week Kicks Off on Monday

Design is “more important than ever before,” in business, according to Wired. And Austin takes design seriously. That’s why a team of creative minds launched the first Austin Design Week, which kicks off on Monday. The week includes a variety of events where people can share their work, ideas and work spaces and learn from […]

Austin-based HealthTronics Acquires HealthTech Solutions

Austin-based HealthTronics this week announced it has acquired Plymouth, Minnesota-based HealthTech Solutions. The financial terms of the deal were not disclosed. “Acquiring HealthTech Solutions further enables HealthTronics to make available a wide array of clinical treatment options to doctors and hospitals of any size – from comprehensive medical centers to offices in remote, rural communities,” […]

Tiff’s Treats Lands $11 Million to Continue Expansion

A fresh baked cookie startup in Austin is attracting a lot of dough. Tiff’s Treats, launched by a couple of graduates from the University of Texas at Austin, just closed on $11 million in funding. Dallas-based CIC Partners led the round. Tiff’s Treats with 22 stores in Texas and two stores in Atlanta plans to […]

Rackspace Officially Goes Private in $4.3 Billion Deal

It’s the start of a new era for Rackspace, San Antonio’s largest technology company, which Thursday officially became a private company following the completion of its $4.3 billion acquisition by Apollo Global Management, with investment by Searchlight Capital Partners. Its common stock, under the symbol RAX, will no longer be listed for trading on the […]

Localeur Secures $4.2 million in Funding

Localeur, a travel recommendation service aimed at millennials, has raised nearly $4.2 million of a $4.6 million offering from 43 investors, according to papers filed with the Securities and Exchange Commission. The Austin-based startup, founded in March of 2013, previously raised $1.2 million, according to its Crunchbase profile. Silicon Hills News did this profile of […]

Google Fiber Will Continue to Roll Out in San Antonio and Austin

Google confirmed plans on Wednesday to continue to roll out its high speed Internet network in San Antonio and Austin despite retracting in other markets. Google Fiber first announced plans to come to Austin in April of 2013. The service is currently live there and continues to roll out to different parts of town. “Google […]

11 Tips for Healthcare Startups from MedTechTX 2016

Bright minds that look at things in innovative ways are going to be the future of the healthcare industry, according to Dr. Vonda Wright, Orthopaedic surgeon and keynote speaker at MedTechTX 2016. But it’s not just about inventing a cool gadget and thinking the healthcare system will automatically embrace it. Healthcare startups have unique challenges […]

Techstars Cloud Shuts Down in San Antonio

Techstars Cloud launched in January of 2012 in San Antonio with 11 startups. Since then, Techstars Cloud has had four graduating classes. The program took a year-long hiatus in 2014 when its managing director Jason Seats moved to Austin to head up Techstars Austin. It returned in 2015 under the director of Blake Yeager, who […]

San Antonio Raises Money for a New High Tech High School

The world is preparing for a new industrial revolution with artificial intelligence, autonomous vehicles, augmented and virtual reality and more. To meet the workforce needs of the future, schools need to do more than teach reading, writing and arithmetic. They must teach students skills that are actually in demand in the workplace today. That’s what […]

Amazon Opens Game Development Office in Austin

Amazon is opening a game development office in Austin focused on Lumberyard, a free game engine deeply integrated with Amazon Web Services and Twitch. Amazon opened a corporate office in Austin in the Domain at 11501 Alterra Parkway about a year ago, according to a report from KXAN. In a blog post, Amazon called Austin […]

Dell Technologies Backs Girls Who Code

Dell Technologies has partnered with Girls Who Code to support after school computer science programs for about 15,000 girls in under-served communities across the U.S. Dell has pledged $400,000 in a cash donation to support the program. It also appointed five women technology leaders as program ambassadors to serve as mentors to the girls in […]

SpareFoot’s Pups Campaign Raises Money for Austin Rescue Organizations

SpareFoot, the Austin-based storage marketplace, has launched a campaign to raise money for Austin rescue organizations and to encourage people to adopt pets. The campaign kicked off last week and has so far raised nearly $2,800 of a $5,000 goal. SpareFoot pledges to donate $1 up to $5,000 total every time someone share its video. […]

Hangar Technology Lands $6.5 Million for Drone Software Development

When a drone can deliver a burrito to a hungry college student, it’s no longer just a novel technology but a major innovation for businesses. Still, the commercial drone business in the United States is in its infancy with rules and regulations just being worked out. This summer, the Department of Transportation’s Federal Aviation Administration […]

Dell Extolls the Next Industrial Revolution and the Internet of Everything

By LAURA LOREK Reporter with Silicon Hills News Everything in the technology world improves about ten times every five years, Michael Dell, CEO of Dell Technologies said at the first Dell EMC World Wednesday morning. “That means 15 years from now, we’ll have another 1,000 times improvement in power, speed, efficiency, capacity compared to what […]

Five Austin Companies Land on Fortune’s Best Place to Work List

Fortune Magazine held its Great Place to Work conference last week at the Sheraton Austin Hotel aimed at celebrating the nation’s best small to medium sized businesses. And it named a Georgetown-based software company, AgileCraft as the number one best place to work out of 50 small businesses in the country. Three other Austin-based companies […]

Professors Pitch a New Mouse, Exercise Device and Better Catalysts at UT Austin

By LAURA LOREK Reporter with Silicon Hills News The University of Texas ranks as the fourth most innovative university in the country, according to a recent report by Reuters. It’s in good company with Stanford taking the top spot, followed by the Massachusetts Institute of Technology and Harvard University. And Pitchbook, a venture capital research […]

Startup Angels Brings its Workshop to Austin to Teach People to Become Angel Investors

By LAURA LOREK Reporter with Silicon Hills News Entrepreneurs are everywhere in Austin and Central Texas. Investment dollars are not. But Startup Angels, based in Washington, D.C., is trying to change that. And Leslie Jump, its founder, is coming to Austin next week to do a workshop to train high-net worth individuals how to be […]

Austin Third Quarter VC Deals and Dollars Down with $120 Million Invested in 24 Companies

By LAURA LOREK Reporter with Silicon Hills News Venture capitalists invested $120 million in 24 deals in Austin in the third quarter, according to the MoneyTree Report from PricewaterhouseCoopers, based on data provided by Thomas Reuters. In Austin, venture capital deals and dollars are down 43 percent and eight percent respectively for the third quarter […]

The Future Belongs to Companies that Can Harvest Waste Into New Products

By LAURA LOREK Reporter with Silicon Hills News Born in Tokyo, Japan in 1951, William McDonough remembers his mom singing to him at night in Japanese with her Alabama accent about the night soil and the workers with their honey wagons. She was singing about the farmers who came into Tokyo at night to collect […]

At SXSW Eco, Google’s Sustainability Lead Kate Brandt Promotes a Circular Economy

By LAURA LOREK Reporter with Silicon Hills News “Humankind is using up our natural resources at an astonishing rate,” said Kate Brandt, lead of sustainability at Google. “Each year our economy consumes far more than what our planet can provide,” she said. Brandt, who previously served under President Obama as the Nation’s first Chief Sustainability […]

GE Aviation Launches a Digital Collaboration Center in Austin

GE Aviation is in Austin. The business, a division of General Electric based in Cincinnati, Ohio, officially opened up its Austin digital collaboration center last week. It is the first in the U.S. In the past year, GE opened similar centers in Dubai, Shanghai and Paris. The company also announced it is working with customer […]

Twyla Officially Launches Art Acquisition Site and Raises $19 Million

Finding a great work of art to display in an apartment is apparently a big problem for a lot of people. And now a new Austin startup, Twyla, has got the solution. The company officially launched on Thursday. It provides a new way to discover and buy art by providing access to limited-edition artworks by […]

Firefly Space Systems Lays Off Staff and Explores a Possible Sale

Firefly Space Systems, a private aerospace which was developing vehicles to launch small to medium sized satellites to orbit, laid off its staff of 159 employees and is exploring a possible sale of the company, according to a news report in Space News. Last year, NASA selected Firefly, based in Cedar Park, for a $5.5 […]

Factom Lands $4.2 Million in Funding

Factom, an Austin-based blockchain technology company that secures data, announced Wednesday it has closed on $4.2 million in funding. Billionaire Investor Tim Draper of Draper Associates led the Series A round. Blockchain is the underlying technology for Bitcoin, an alternative currency. A blockchain is a public ledger of all bitcoin transactions that have ever been […]

Condé Nast Plans to Go Big in Austin

By LAURA LOREK Reporter with Silicon Hills News Condé Nast is going to “go big” in Austin, said Robert Sauerberg, the company’s CEO. “This is the right environment for us to get new people and new talent,” Sauerberg said. “We’re going to be a dominate player in Austin and that’s our goal. We’re the first […]

CognitiveScale Closes on $25 Million in Funding with Investment from Microsoft Ventures

CognitiveScale, an Austin-based startup specializing in artificial intelligence and machine learning, announced Tuesday it has closed on $25 million in funding including a strategic investment from Microsoft Ventures. The Austin-based startup, founded in 2013, reports the Microsoft investment will help the company develop applications based on Microsoft HoloLens and Microsoft Azure for consumers and businesses. […]

MedTechTX 2016 Live Blog Day Two

Live Blog MedTechTX 2016 Day Two  

Watch SXSL at the Whitehouse Live on Silicon Hills News

Schedule courtesy of SXSW – all times are Eastern. 9:45 AM: Hard Things are Hard: A Conversation with James Turrell and David Adjaye (Newseum) 11:30 AM: Musical performances in the White House, including Gallant and Black Alley 12:30 PM: DJ Bev Bond (Innovation Stage) 1:45 PM: The Dap-Kings (Innovation Stage) 2:45 PM: Feeding the Future […]

MedTechTX 2016 Live Blog for Day One

Live Blog MedTechTX 2016 – Day One  

Techstars’ Amos Shwartzfarb Enjoys Helping Entrepreneurs

By LAURA LOREK Reporter with Silicon Hills News Amos Schwartzfarb took over as Managing Director of Techstars Austin in 2015. Before that, he founded several companies and worked for numerous startups including Joust, BlackLocus, mySpoonful, Business.com, HotJobs.com and others. He enjoys working with entrepreneurs and in Austin’s vibrant technology startup scene. Q. What brought you […]

The U.S. IPO Market is Seeing a Slowdown in 2016

The good news is there is an Initial Public Offering or IPO market, said Daniel Klausner, managing director of PricewaterhouseCoopers based in New York. “At times, I think it’s been dormant or hidden,” he said. “September has been a great month.” But overall the IPO market in the U.S. is on track to have the […]

Health Tech Events to Attend in Austin This Week

It’s a busy week in Austin and for Austin Startups. Not only is Austin Startup Week taking place and SXSL at the Whitehouse on Monday, but MedTechTX 2016, put on by the Texas State Small Business Development Center in partnership with the Austin Technology Council, kicks off its two-day conference on Monday. The program begins […]

15 Events to Attend at the Sixth Annual Austin Startup Week

It’s hard to believe six years have flown by since the first Austin Startup Week kicked off with their first event at the Tiniest Bar in Texas. And Silicon Hills News, which is on its sixth year in business as the premier technology media startup covering Austin and San Antonio, was there to cover it. […]

SXSL Kicks Off Monday at the Whitehouse

Salon Magazine dubbed President Obama “Commander in Cool” for launching the first SXSL: South by South Lawn festival which takes place on Monday at the White House. The day-long celebration is fashioned after Austin’s highly successful SXSW, which President Obama attended and spoke at last March. The SXSL event features a number of talks on […]

Caringo Receives $8.8 Million in Funding

Caringo announced Thursday that it has received $8.8 million in additional funding. The Austin-based company closed on its Series B round of funding and reports that so far the company, founded in 2005, has raised $33 million. The company plans to use the funds for development, marketing and distribution of Caringo Swarm, software used to […]

French Startup Speachme Launches U.S. Operations in Austin

Speachme, a two year old educational technology company, announced Tuesday the launch of its U.S. operations, based in Austin. The French company makes a peer-to-peer knowledge transfer platform used by global brands such as Tesla, Airbus, PwC, Nissan and Coca-Cola. It was founded in 2012 and has 41 employees. The company is also hiring 10 […]

Able Lending Secures $100 Million for Small Business Loans

Able Lending announced Tuesday that it has secured $100 million in debt financing from Community Investment Management to provide low-cost loans to small businesses. The Austin-based online lender reports that the money will be used to fund approximately 500 small businesses in the United States. To qualify for a loan, the businesses need to be […]

WP Engine Expands to Limerick, Ireland

There once was a startup in Austin WP Engine grew lickety-split like Boston It set out to expand to Ireland’s land of opportunity Its website hosting business grew with such unity And now it’s part of a bigger European economic community – Anonymous The big news for WP Engine Monday is it has expanded to […]

Aceable Raises $4 Million to Fuel its Driving Education App

Like a lot of educational programs, driver’s ed hasn’t changed much in the past 30 years. For the most part, it’s still taught in a classroom with an instructor, worksheets, quizzes, videos and some time spent driving with an instructor. That’s where the founders of Aceable saw an opportunity to disrupt the driver’s education industry. […]

TEN Capital Group to Host Texas Venture Summit 2016

In Austin, the hunt for venture capital is not easy. But one group plans to make it a little easier. The TEN Capital Group is holding the Texas Venture Summit 2016 on Oct. 6th at the Brazos Hall in downtown Austin. The event is invitation only and brings together national and statewide investors and qualified […]

Whurley Helps in ITU and UN Women’s Global Mission for Gender Equality

William Hurley, known as Whurley and co-founder of Honest Dollar and Chaotic Moon in Austin, is on a global mission to help women and girls learn technology skills and find jobs. International Telecommunications Union and United Nations Women announced Tuesday that they have teamed up with Whurley to drive an intensive global engagement and outreach […]

Silicon Hills News Publishes its Third Annual Life Sciences Edition

By LAURA LOREK Founder of Silicon Hills News NarrativeDx is an Austin startup pioneering a social-based feedback system that gives hospitals and clinics timely information about their patients’ experiences. The Dell Medical School at the University of Texas at Austin selected its inaugural class of 50 students this past summer. They are working to transform […]

The stARTup Studio at UT in Austin Showcases Professor-led Startups

By Laura Lorek Reporter with Silicon Hills News Nurturing professor led startups to help them take their inventions out of the laboratory and into the marketplace is the focus of the Innovation Center at the University of Texas at Austin. The center, which is part of the Cockrell School of Engineering runs The StARTup Studio, […]

San Antonio Investors Launch an Angel Network

San Antonio doesn’t attract as much venture capital as Austin, Houston and Dallas. But now a group of high net worth individuals are trying to change that. Last week, they launched the San Antonio Angel Network and announced Chris Burney, a former Rackspace executive, as its executive director. While San Antonio has had investment funds, […]

Department of Defense Launches an Innovation Experiment in Austin

The Department of Defense on Wednesday officially launched a Defense Innovation Unit Experimental, known as a DIUx, at Capital Factory in Austin. The defense department already has DIUx offices in Silicon Valley and Boston. The Austin office will focus on national security challenges and cutting edge technologies to help the nation’s warfighters. Secretary of Defense […]

Q&A with Michele Skelding with the Austin Chamber of Commerce

Q.  In your role as Senior Vice President Global Technology and Innovation what are the goals you wish to accomplish? MS: I work on behalf of Austin’s Economic Development Corporation and Opportunity Austin with the Greater Austin Chamber of Commerce. I lead the organization’s vision for Austin to be a top global region for technology […]

NarrativeDx: Transparent Patient Experience in Real Time

By SUSAN LAHEY Reporter with Silicon Hills News If you have a bad experience at a hospital—and just having to go to the hospital is often a bad experience—you may write a letter of complaint, post something in social media or blast the hospital on your patient survey. And there’s a good chance that if […]

Open Cloud Academy Launches Cybersecurity Program for Veterans

By LAURA LOREK Reporter with Silicon Hills News David Gibson retired from the U.S. Air Force as a cryptographic specialist after 18 years in 1995 in San Antonio and then worked construction jobs until he hurt his back. Since then he’s been looking for steady work. And that’s why he enrolled in the first class […]

Michael Dell is Playing to Win

By Michael Dell Reprinted with Permission I grew up in a family of brothers. As you might guess, competition was a way of life. A game of cards or tag or Battleship was serious business. My brothers and I have our mom to thank for much of our competitive spirit. Her usual parting words when […]

Shopify is Recruiting Partners for its First Austin Accelerator

Shopify is on the hunt for five people to participate in its newly launched Shopify Partner Accelerator in Austin. The company just opened up applications on Wednesday and is accepting them until Sept. 23rd. Then it will choose five people to work at WeWork University Park in Austin from Oct. 3rd until the end of […]

Dell Technologies Completes its Merger with EMC Corp.

In a $60 billion deal, Dell Technologies Wednesday closed its acquisition of EMC Corp. launching a new chapter for Dell, a 32 year old company founded in a dorm room at the University of Texas at Austin. It is the largest tech deal ever. And Dell gets the award for coolest aerial stunt to introduce […]

Tech Events in Austin This Week

Just coming off Labor Day, it’s hard to get back into the swing of things. So Silicon Hills News has made it easier by culling a few tech events worth attending this week. Tuesday – How to Meet Investors in Austin: Ask Me Anything with Joshua Baer at Capital Factory starting at 4:30 p.m. to […]

The Top Texas Healthcare Accelerators and Incubators

Launching a new venture is extremely difficult. That’s why healthcare incubators and accelerators can play a vital role in a company’s success early on by connecting them with financing, work space, mentors, customers, business programs and more. Healthcare is a $5 trillion industry globally and about half that is U.S. healthcare expenditures. And it’s a […]

Ten Life Science Startups to Watch in Austin

By LAURA LOREK Reporter with Silicon Hills News Austin is home to a small, but growing biotech and medical technology industry with about 200 companies, according to the Greater Austin Chamber of Commerce. That number is sure to skyrocket in coming years as the city feels the full effect of the new Dell Medical School […]

Ten Life Science Companies to Watch in San Antonio

By LAURA LOREK Reporter with Silicon Hills News San Antonio has a robust bioscience and healthcare industry which contributes more than $23.9 billion to the city’s economy annually, according to the San Antonio Economic Development Foundation. In fact, one in every six San Antonio employees works in the bioscience and healthcare industry. The industry is […]

RxWiki Helps Indie Pharmacies Compete with The Big Boxes

By SUSAN LAHEY Reporter with Silicon Hills News For most people the concept of the “corner drugstore,” with or without a soda fountain, is a quaint anachronism befitting the movie “It’s a Wonderful Life,” but not modern society. In fact, though, there are more than 22,000 small, independently owned pharmacies in the U.S. Some will […]

athenahealth Acquires Austin-based Patient IO

athenahealth, the nation’s largest healthcare network, announced Monday its acquisition of Austin-based Filament Labs, doing business as Patient IO. The financial terms of the deal were not disclosed. Patient IO, a mobile and web-based app, is a care coordination platform used by healthcare providers to engage patients and caregivers outside the clinic. Patient IO, which […]

This Fast Software Can Whip You Up an Antibody

By SUSAN LAHEY Reporter with Silicon Hills News Monica Berrondo pulls up a digital schematic of an antibody. It resembles remnants of different-colored ribbon stuck together by someone with no sense of design. Each color and bend represents information about the amino acids that comprise the antibody, explains Berrondo, whose company, Macromoltek, made this model […]

Salesforce Hosts Small Business Essentials Event in Austin

By SUSAN LAHEY Reporter with Silicon Hills News A panel of Austin entrepreneurs talked about the integration of marketing, sales, and software yesterday at a Salesforce event for small business users of the monolithic Customer Relationship Management platform. Key takeaways included: Just because you can build your own solution doesn’t make it a good idea […]

Austin and San Antonio Ranked Top Metros for Startups

Austin is the top spot in the country for startup activity and San Antonio is number 13 on the Kauffman Foundation’s latest Startup Index. The five metros with the highest startup activity in the 2016 index were Austin, Miami, Los Angeles, San Francisco and Las Vegas. Austin ranked at the top spot in 2015 also. […]

Apollo Global Acquires Rackspace for $4.3 Billion

Apollo Global Management Friday announced plans to acquire San Antonio-based Rackspace for $4.3 billion. Apollo plans to acquire the company for $32 a share in cash and will take the company private in the process. As part of the deal, funds managed by Searchlight Capital Partners will make a strategic equity investment in Rackspace. The […]

ThousandEyes Sets up Austin Office

ThousandEyes, a San Francisco-based network intelligence company, announced Wednesday plans to open a sales and customer service office in Austin. The company also named Victoria Abeling to head up the office as director of corporate sales. ThousandEyes plans to hire about 30 sales and customer service employees by the end of the year to staff […]

Austin-based Thea.com Launches Event Site for Athletes

One of the things Austin is known for is its runners, bikers, hikers, swimmers and endurance athletes looking for the next challenge. A new site, Thea.com just launched a search engine and events site this week that makes finding that next sporting challenge easier. Thea.com lists events in the greater Austin area for cyclists, triathletes, […]

Dell Medical School: a Catalyst for Austin Startups

By TIM GREEN Special Contributor to Silicon Hills News In July, after several years of preparation and construction, the Dell Medical School started instruction with its first class of students. The school, students and the Central Texas Community are walking hand-in-hand not only for a medical education, but to change how health care and medicine […]

ESO Solutions Helps Ambulance Services Perform Better

By HOJUN CHOI Reporter with Silicon Hills News The culture that Chris Dillie has implemented into his company is simple: be passionate about what you’re doing, and the money will follow. ESO Solutions, a health data exchange startup, provides software to help ambulance services better monitor their performance, and helps hospitals use that data to […]

Stealth Startup Magic Leap Officially Opens its Austin Office

By LAURA LOREK Reporter with Silicon Hills News A few years ago, Michael Klug left his job as co-founder and chief technology officer at Zebra Imaging. At Zebra, Klug worked for 17 years on its dynamic 3D holographic and light-field display products. He helped the company raise money and launch its products. Klug, who has […]

Magnitude Software Acquires Simba Technologies

Austin-based Magnitude Software announced Tuesday plans to buy Simba Technologies, a data and analytics firm. The terms of the deal were not disclosed. “This acquisition furthers our strategic vision to enable enterprise-wide visibility and insights for corporate performance management,” Chris Ney, Chairman & CEO of Magnitude Software, said in a news release. “As data heterogeneity […]

Best Buy Selects San Marcos for E-Commerce Sales Operation

Best Buy has selected San Marcos as the location for its e-commerce sales operation with plans to hire 25 employees. The Greater San Marcos Partnership announced the deal Tuesday. “We’re pleased to have reached an agreement to bring this e-commerce sales operation to the City of San Marcos and Hays County,” Best Buy spokesman Shane […]

TPG Capital Buys Grande Communications for $650 Million

TPG Capital, a private equity firm, announced Monday plans to buy San Marcos-based Grande Communications Networks for $650 million. The firm also announced plans to buy RCN Telecom Services of Princeton, New Jersey for $1.6 billion. It purchased the companies from ABRY Partners in separate transactions. William Morrow founded Grande Communications in 1999 and served […]

FloSports Lands $21.2 Million in Funding to Expand Sports Coverage

Ten years ago, FloSports started out with just two brothers driving a used van around the country to cover track and field events and wrestling tournaments. Today, Austin-based FloSports has 165 employees and they report on 14 different sports categories including gymnastics, cheerleading and boxing. And Monday, the online sports network announced it has closed […]

Girls Who Code Graduates its First Austin Summer Class

By SUSAN LAHEY Reporter with Silicon Hills News Apoorva Bapat had a whole academic year to learn the concepts that she and other teachers imparted to 17 girls in Austin during the Girls Who Code Summer Immersion Program this summer. “They would learn the concepts in the morning and by afternoon they were using them […]

Chiron Health Lets Doctors Get Paid for Telemedicine Services

By HOJUN CHOI Reporter with Silicon Hills News When Charlie Kolb, co-founder of telemedicine startup Chiron Health, made the decision to enroll in classes for his master’s degree at the University of Texas at Austin, he did so with the dreams of one day starting his own company. “I wasn’t interested in investment banking, or […]

Alafair Biosciences of Austin Raises $2 Million in Venture Capital

Alafair Biosciences, an Austin-based medical device startup, announced Wednesday it has received $2 million in venture funding. ATP Fund led the Series A investment with participation form existing and new investors including the UT Horizon Fund. To date, the company, founded in 2011, has raised $5.9 million. The latest funds will help Alafair Biosciences expand […]

Rackspace Sells Cloud Sites Business to Liquid Web

Rackspace Hosting, based in San Antonio, on Monday announced plans to sell its Cloud Sites business unit to Liquid Web, based in Lansing, Michigan. The financial terms of the deal were not disclosed. The business will remain in San Antonio, according to a news release. Liquid Web, a $90 million a year web hosting business, […]

Rackspace Reportedly Close to a $3.5 Billion Buyout

Rackspace Hosting, the managed hosting and cloud computing company based in San Antonio, is reportedly close to closing a $3.5 billion deal with Apollo Global, a private equity firm, to take Rackspace private, according to reports in the Wall Street Journal, Fortune and numerous other publications. In 2014, Rackspace announced it had retained Morgan Stanley […]

TheWaveVR Lands $2.5 Million in Seed Stage Funding

A virtual reality music platform, TheWaveVR, announced Friday that it has closed on $2.5 million in seed round funding. The company, which is based in Austin and Los Angeles, is building a social virtual reality music platform which it plans to launch later this year. The platform will change “the way people experience and immerse […]

Owlchemy Labs Nabs $5 Million in Venture Capital

Owlchemy Labs, an independent virtual reality game developer, announced this week the company has closed on $5 million in venture capital. The Austin-based startup moved here from Boston, where Alex Schwartz founded the company in 2010. Owlchemy Labs raised a $5 million Series A round from Qualcomm Ventures, HTC, The VR Fund, Colopl VR Fund, […]

Austin-based Sizmek Aquired for $122 Million

Private Equity Firm Vector Capital announced Wednesday it has entered into an agreement to acquire Austin-based Sizmek, an advertising technology company, for $3.90 a share, valuing the deal at $122 million. San Francisco-based Vector Capital, founded in 1997, has invested $1.6 billion in more than 40 technology companies. “We believe this transaction provides Sizmek with […]

CognitiveScale Lands $21.8 Million in Venture Capital

Austin-based CognitiveScale announced Tuesday it has landed $21.8 million in venture capital. Norwest Venture Partners and Intel Capital co-led the round. CognitiveScale plans to use the money to expand its salesforce and on research and development of its product portfolio. As part of the deal, Norwest’s Promod Haque and Intel Capital’s Vibhor Rastogi will join […]

BP3 Global Raises $10 Million

Austin-based BP3 Global announced this week it has raised $10 Million from Petra Capital Partners, LLC., a Nashiville, Tenn-based private equity firm. The company plans to use the funding to speed up development of its Brazos platform, a data and analytics software program. “The big disconnect in the analytics space is that, while software gives […]

Austin’s Healthcare Innovation Zone Aims to be Transformative

By LAURA LOREK Reporter with Silicon Hills News Twenty years ago, healthcare planners tucked research parks into suburban environments, away from the buzz of the city. Today, innovative healthcare centers serve as the centerpiece of urban cores like the new Dell Medical School and the Dell Seton Medical Center and campus at 15th street and […]

Austin-based Renovate Simply Lands Seed Stage Funding

Renovate Simply, based in Austin, announced it has received seed stage funding from the Digitech Venture Capital Fund, Central Texas Angel Network and a number of angel investors. Renovate Simply is a marketplace business that connects homeowners with vetted contractors to simplify the renovation process. The amount of the seed stage funding was not disclosed. […]

KUKA Opens Robotics Center in Austin

KUKA ATX is a new robotics research and development center in Austin focused on industrial robots for factory production. The German-based company established its newest center of excellence at 11921 North Mopac Expressway. The center will focus on web, cloud and mobile software platforms to augment KUKA robotics, customer experience and overall productivity. The Austin […]

TriNet Expands Austin Office

TriNet, a human resources solutions company, has expanded its Austin office in the Research Park area and has hired more than 80 new engineers. The company, based in San Leandro, Calif., now occupies 33,557 square feet of offices with employees focused on technology, sales and service. TriNet is focused on serving small to midsize businesses […]

Dell Medical School and Dell Seton Medical Center Win $300,000 Grant

The Dell Medical School at the University of Texas at Austin just launched with its first class of students this summer. Its goal is to rethink and reinvent the way healthcare is delivered to patients. And this week, Dell Medical School and the future Dell Seton Medical Center won a $300,000 grant to help resident […]

NewCo Conference Returns to Austin to Showcase the City’s Tech Industry

NewCo Austin is a new kind of conference that takes people into the work spaces of some of Austin’s most innovative companies. The conference takes place on July 26th and 27th at various locations around town, and Capital Factory is hosting several sessions as an affiliate partner of the conference. This year, NewCo Austin expanded […]

Austin Startups Attract $152 Million in Venture Capital During Second Quarter

By LAURA LOREK Reporter with Silicon Hills News Austin is still doing well when it comes to attracting venture capital investment into its technology startups. During the second quarter, venture capitalists invested $152 million in 24 deals in Austin, according to the MoneyTree Report from PricewaterhouseCoopers LLP and the National Venture Capital Association, based on […]

On the Hunt for Pokemon in San Antonio

By Laura Lorek Reporter with Silicon Hills News More than 1,000 Pokemon Go players met to go on a “Hunt” in downtown San Antonio Saturday for Pokemon, Pokestops and to do battle at Pokemon Gyms. “I just wanted to try to get everyone together. With all of the events happening in our world right now, […]

Ten Things to Know About Pokemon Go in Central Texas

Pokemon Go launched July 6th and has become an instant hit. During the day and at night, Pokemon Go players gather at shopping centers, parks, schools and other landmarks in the area to hunt for Pokemon, pocket monsters that range in abilities, power and status. By capturing Pokemon, the players can level up and once […]

Twitch Opens Austin Office

Twitch, the video platform and community for gamers, has opened a new office in Austin with six employees and plans to hire more this year. Twitch’s office is located on South Congress. Ken Demarest, director of product development for Twitch’s Developer Success team, will lead the new office. The company is also hiring front and […]

data.world Launches with $14 Million in Venture Funding

The world is awash in data. Yet only a tiny amount – less than one percent – of all the data that gets collected and stored is ever analyzed, according to an IDC report. An Austin-based startup, data.world, led by serial entrepreneur Brett Hurt, officially launched Monday with $14 million in venture funding, with the […]

Facebook Plans $11.2 Million Expansion of its Austin Office

Facebook is quadrupling the space at its Austin office at 300 W. Sixth, according to Buildzoom, which pulled several building permits the company filed with the city. Facebook applied for building permits to connect floors nine through 12 at its office. The company currently is located on the 10th floor. Since the beginning of the […]

Austin Ranks First in the Nation as the Best Place for Startups

Austin ranks first in the nation for the best place for startups, according to a new survey from Sungard Availability Services. Austin claimed the top spot, followed by New York, Seattle, Denver, Atlanta, San Francisco, Washington, Miami, Los Angeles and Houston. The survey ranked the cities based on startup survival rates, graduate talent and density […]

Google Reports an Economic Impact of $8.93 Billion in Texas

Google has issued a report showing it had an economic impact of $8.93 Billion for Texas businesses, nonprofit organizations and website publishers in 2015. The company reports 141,000 Texas businesses and nonprofit organizations used Google’s AdWords and Adsense tools in 2015. And Google donated $16.3 million in free advertising to Texas nonprofit organizations through its […]

Austin Ranks Fifth on CBRE Group’s Tech Talent Scorecard

The key to a thriving technology center is tech talent. And Austin has it, according to a new report from CBRE Group, a commercial real estate services and investment group. The city ranks fifth, up three spots from a year ago, in its annual Tech Talent Scorecard which ranks 50 U.S. and Canadian markets. The […]

iCars Launches Executive Car Service in Austin

Another startup has entered Austin’s ride hailing market. iCars, based in San Francisco, launched its web and mobile platform on Wednesday to connect customers to executive car service operators and chauffeurs in Austin. The company first began offering service in the San Francisco Bay Area in February. “iCARS’ expansion into Austin signifies the growing demand […]

KKR to Buy Austin-based Epicor Software

KKR, a global investment firm, has entered into a deal to buy Epicor Software Corp. from Apax Partners. The financial terms of the deal were not disclosed, but Bloomberg News is reporting the deal is worth about $3.3 billion. Austin-based Epicor provides software to customers in the manufacturing, distribution and retail industries in more than […]

SXSW is Accepting Programming Submissions for 2017

Got a thought-provoking and creative idea for the tech and entertainment industries and want to share it with the world? Then you might consider submitting that idea for a solo talk or a panel discussion at South by Southwest Interactive, Film and Music for the 2017 conferences. SXSW just last week announced it was now […]

Web Summit Seeks to Boost Female Attendees

The Web Summit, one of Europe’s largest technology conferences, wants to diversify its attendance base and is seeking to boost the number of women attending the conference from less than 30 percent in 2015 to 50 percent this year. Conference organizers launched a “Women in Tech Initiative” and are offering a $50 discount code for […]

Austin-based Convey Raises $4.5 Million in Venture Capital

Convey, a Techstars Austin graduate, announced Wednesday it has raised $4.5 million in Series A funding. To date, the company has raised $6.9 million. Silverton Partners led the latest round with participation from Techstars Ventures, Capital Factory and Corsa Ventures. Rob Taylor is the CEO of Convey and Dan Bebout is the founder and vice […]

Between the Queen’s Honour and Brexit, it was a Memorable Week for Austin Tech Delegation

By SUSAN LAHEY Reporter with Silicon Hills News It has been an almost surrealistic couple of weeks for Fred Schmidt. First, the director of international for Capital Factory learned from the British Consulate in Houston that he had been named a Most Excellent Member of the British Empire for his services to U.K.-U.S. relations, a […]

Capital Factory Joins Union, an International Startup Platform

At the Global Entrepreneurship Summit held at Stanford University in Palo Alto, 1776 and Dell announced a partnership with Microsoft and Capital Factory to create Union, an international startup platform. The platform is based at Startup Federation, a worldwide network with more than 30 startup campuses and mega-hubs. Union is designed to help entrepreneurs worldwide […]

Spiceworks Cuts 12 Percent of its Workforce

In January, Spiceworks turned 10 years old and Jay Hallberg, its CEO and co-founder, said the Austin-based company planned to hire 100 new employees this year. But things changed and this week Hallberg, in a post on the company’s community site, now reports Spiceworks plans to layoff 12 percent of its workforce. In January, the […]

Cybersecurity Incubator Launches in San Antonio

The cybersecurity industry in San Antonio just got a major boost with the announcement Thursday of a new incubator, Build Sec Foundry. The incubator, which will be based at Geekdom, a technology coworking site in the Rand building downtown, is a partnership among CyberSecurity San Antonio, the Austin Technology Incubator and the 80/20 Foundation. “San […]

Lightspeed Systems Moves Operations from California to Austin

Lightspeed Systems, which makes education software, announced plans to relocate all of its operations and employees from Bakersfield, Calif. to Austin. Lightspeed originally moved its corporate headquarters to Austin in 2013 and the company’s founder, Rob McCarthy, moved to Austin a year later. The Bakersfield Californian reports Lightspeed has about 80 employees and most of […]

Savara Pharmaceuticals Buys Serendex Pharmaceuticals

Savara Pharmaceuticals, which creates drugs focused on rare respiratory diseases, announced it has acquired the assets of Serendex Pharmaceuticals. The addition of Serendex adds new drugs to its portofolio including Serendex’s flagship product, Molgradex, an inhaled drug in later stage clinical trials in Europe and Japan to treat autoimmune pulmonary alveolar proteinosis. The acquisition is […]

Austin Loses $50 Million Smart City Challenge to Columbus

Austin lost its bid to become the winner of $50 million in the Smart City Challenge from the U.S. Department of Transportation and Vulcan Philanthropy to Columbus, Ohio, according to a report in The Columbus Dispatch. Columbus beat Austin, Denver, Portland, Oregon, Kansas City, Missouri, Pittsburgh and San Francisco to win the first Smart City […]

NSS Labs Raises $16 Million in Funds

NSS Labs, an information security research and advisory company, announced it has raised $16 million in new equity and bank financing. The Austin-based company plans to use the funds to finance the growth of its security products and cloud-based security and risk management platform. Delta-v Capital led the round with participation from LiveOak Venture Partners. […]

Stamps.com Buys Austin-based ShippingEasy for $55 Million

Stamps.com Tuesday announced its acquisition of Austin-based ShippingEasy for $55 million in cash. ShippingEasy, which makes software to allow online retailers to organize, process, fulfill and ship their orders easily, relocated to Austin from Sydney, Australia in 2012 and is run by Katie May, an Austin native and serial entrepreneur. May has worked as head […]

USAA Wins PYMNTS/Alexa Voice Activated Technology Contest

USAA won the PYMNTS/Alexa Challenge in the “Easiest to Explain to Mom” category for its innovative use of voice recognition technology. San Antonio-based USAA created a financial management program accessible through Alexa, the voice recognition program interface for Amazon’s Echo household device. “What Mom or Dad doesn’t want a little help to make ends meet? […]

Technology Advocate Alan Weinkrantz Dies in Tragic Car Accident

Alan Weinkrantz, a longtime public relations professional and advocate for the tech industry in San Antonio and Israel died Saturday in Israel after being hit by a car in an outdoor café, according to the Times of Israel. Alan’s sudden death has shocked everyone and leaves a huge void in so many lives. I’ve known […]

Umbel Acquires Lodestone

Umbel, an Austin-based data software company, announced its acquisition of Lodestone, a fan engagement company, in a blog post. The financial terms of the deal were not disclosed. Mark Drosos founded Lodestone Social Media in Austin in 2008. The company raised $100,000 in investment, according to its Crunchbase profile. Umbel, founded in 2010, raised $20 […]

Urban Mining Gets $25 Million in Venture Capital

Urban Mining Co., which recycles magnets, announced Tuesday it has completed a $25 million round of financing. The Austin-based company plans to use the Series A funds to build and operate a magnet recycling and manufacturing plant at its headquarters. “The first step towards commercializing our technology is capital intensive,” Scott Dunn, Urban Mining’s CEO, […]

San Antonio Mulls Grants to Retain Tech Startups

The San Antonio City Council on Thursday will consider adopting a new economic incentive program that would provide $800,000 of taxpayer funds to support tech startup companies. And it’s not available to just any tech startup. The pilot program would specifically support the entrepreneurs and companies participating in the Techstars Cloud accelerator program in partnership […]

Aunt Bertha Raises $5 Million in Venture Capital

Aunt Bertha, a social services search and referral platform, announced it has raised $5 million in venture capital. Techstars Ventures led the Series B round of financing and as part of the deal, Jason Seats, partner at Techstars Ventures, will join the company’s board. “There’s a lot of unnecessary suffering going on for many Americans […]

ePatientFinder Lands $8.3 Million in Venture Capital

ePatientFinder, a matchmaking platform for physicians, patients and clinical trials, announced this week it has received $8.2 million in venture capital. The Austin-based startup has raised a total of $11 million since its founding in 2013. Tom Dorsett, Tushar Jain, Greg Sweatt and Dillon Krug co-founded the company. Silicon Hills News did this profile on […]

Investment Platform Aimed at Women, Ellevest Launches in Austin

Ellevest, a new investment platform aimed at women, launched this week in Austin. Ellevest’s co-founder Sallie Krawcheck, created the investment platform to “close the gender investing gap and redefine investing for women with a practical, goals-based approach,” according to a news release. Krawcheck has nearly 30 years of experience leading financial services companies on Wall […]

Dell Names 16 Winners of its Internet of Things Innovation Contest

By LAURA LOREK Reporter with Silicon Hills News The Internet of Things is making us safer. V5 Systems created a portable outdoor security system that doesn’t need to be plugged in, can capture video, detect a gunshot and pinpoint the location it was fired from to alert authorities in real time. V5 Systems won Dell […]

Texas Lawmakers Consider How to Deal with the Sharing Economy

By HOJUN CHOI Reporter with Silicon Hills News In light of the growing prevalence of services making up the state’s “sharing economy,” the Texas House Committee on Business and Industry met Wednesday to discuss the impact of city regulations associated with peer-to-peer exchange platforms. Responding to the testimonies given at the hearing, Committee Chairman Rene […]

Texas Lawmakers Assess the Impact of the Sharing Economy

By HOJUN CHOI Reporter with Silicon Hills News State lawmakers will discuss and hear testimony about the future of Texas’ sharing economy industry at the business and industry committee meeting at the state legislature on Wednesday. Rene Oliveira, D-Brownsville, the chairman of the committee, told Silicon Hills News that the meeting comes from a need […]

Students Debut Mobile Apps at Hello World Demo Day

By LAURA LOREK Reporter with Silicon Hills News It’s hard making a mobile app. Just ask 80 fourth, fifth and sixth graders who just finished Hello World’s first engineering program and created 12 prototypes. Hello World, a new after school program, teaches kids web and mobile development, game design, data science and design thinking. The […]

Merge VR of San Antonio Raises $10 Million in Funding

Merge VR, which makes virtual reality headsets, just raised $10 million, according to a filing with the Securities and Exchange Commission. The San Antonio-based startup lists Geekdom as its headquarters. It is co-founded by Andrew Trickett, who formerly ran the San Antonio Clean Energy Incubator. Franklin Lyons is the other co-founder and the company’s chief […]

Vyze Raises $13 Million in Additional Funding

Vyze, a financial technology company, has raised $13 million in venture capital to fuel its growth and expand into new markets and product lines. Austin Ventures and StarVest Partners of New York led the Series B financing round. The company, founded in 2008, has raised $35 million including the latest funding round. “We’re building a […]

Austin-based Restore Cryotherapy Raises $1 Million for Nationwide Rollout

By LAURA LOREK Reporter with Silicon Hills News After a grueling 35-mile bicycle ride in the Hill Country to prepare for a triathlon, Steven Welch felt some aches and pains in his legs. He agreed to go to a Cryotherapy session with his friend. He didn’t much believe that it would help his recovery, but […]

Google Express Launches Shopping and Delivery Service in Austin

The search engine giant, Google, want to deliver packages to shoppers in Austin through its Google Express service. Google on Wednesday launched the service, which offers overnight and two-day shopping and delivery service, in Austin and surrounding areas. It also launched the service in Oklahoma and other Texas markets including Houston and Dallas-Fort Worth. Google […]

Austin-based Milestone Brands Acquires American Born Moonshine

One of Austin’s newest spirit companies, Milestone Brands is on a buying spree. The company announced Wednesday its acquisition of American Born Moonshine from Windy Hill Spirits, based in Nashville. Milestone recently acquired Dulce Vida Tequila. The financial terms of the acquisition were not disclosed. Chad Auler, co-founder of Deep Eddy Vodka,and Eric Dopkins, former […]

Spredfast Raises $50 Million to Fuel Growth of its Social Media Marketing Platform

Austin is a hotbed for social media marketing and the city’s biggest startup focused on the industry, Spredfast, just raised $50 million to further expand its business. New investor Riverwood Capital led the Series F financing round. Other existing investors in the round include Austin Ventures, InterWest Partners, OpenView Venture Partners and Lead Edge Capital. […]

Rocket Software Opens Office in Austin

Rocket Software, a Waltham, Mass.-based company, announced Tuesday the opening of its first office in Austin. Rocket Software’s local office is located at The Domain in the same building as Amazon and across the street from IBM, according to a news release. Rocket Software also recently opened offices in Japan and China. Rocket Chief Technology […]

USAA Plans to Expand Downtown San Antonio Office and Open an Austin Office

In 1922, 25 U.S. Army officers founded USAA to insure each others’ automobiles. Today, USAA is the second largest private employer in San Antonio with 17,000 employees, only eclipsed by another homegrown company, H-E-B, according to the San Antonio Economic Development Foundation. USAA also occupies one of the nation’s largest office buildings at its main […]

Wingz Launches Peer-to-Peer Ride Service in Austin

San Francisco-based Wingz announced it has launched a peer-to-peer ride service in Austin with a focus on providing rides to and from the airport. Wingz allows customers to pre-book a driver to take them around town at a flat rate, surge-free price, according to a news release. The rides start with a minimum price tag […]

eyeQ Gets $3.5 Million in Venture Capital

EyeQ, a shopper intelligence platform, announced it has received $3.5 million in Series A funding. Align Capital, a new investor, led the round with participation from existing existing investors. As part of the deal, Lisa Harris, managing partner of Align Capital, joins eyeQ’s board of directors. The Austin-based startup plans to use the funds for […]

RideAustin Seeks to Fill the Void Left by Uber and Lyft

Austin tech leaders Monday announced a new ride-hailing service based on a nonprofit model. The service is called RideAustin and plans to rollout starting in June. It plans to expand its service to the entire city of Austin by the end of the year, according to information on its website. Joe Liemandt, founder and CEO […]

How Austin (and not Silicon Valley) is Changing VC/Tech Law

In the startup community, it’s very well understood that bigger does not always mean better. In fact, bigger can often mean slower, more bureaucratic, and in many cases overly complex and expensive. Yet for all their focus on new business models and disruption, Silicon Valley startups are extremely conservative in their choices of law firms. […]

Genstar Capital Buys Austin-based Accruent

Genstar Capital, a private equity firm, last week announced its acquisition of Austin-based Accruent, which makes real estate, facilities and asset management software. The financial terms of the deal were not disclosed. Accruent, founded in 1995 in California, had raised $32 million from two investors in two rounds, according to its Crunchbase profile. The company […]

Mozilla Gigabit Community Fund Expands to Austin

The Mozilla Gigabit Community Fund is expanding to Austin in August. The fund is a joint initiative among Mozilla, the maker of the Firefox web browser, the National Science Foundation and U.S. Ignite. Mozilla is providing $150,000 in grant funding to Austin projects and tools that use the city’s Google Fiber network. The projects might […]

Online Concierge Platform OnceThere Launches in Austin

On a vacation, booking a place to stay is just part of the adventure. OnceThere, an online concierge service, seeks to provide a platform for travelers to book their hotel or vacation rental along with activities and tours once they reach their destination. The Austin-based startup, founded in January of 2015, last week launched its […]

San Antonio-based START Expands to Taiwan

South Texas Accelerated Research Therapeutics, known as START, announced this week that it has opened a comprehensive Phase 1 oncology clinical trials program in Taiwan. START, which runs the world’s largest Phase 1 clinical oncology trials, now operates six centers around the world. The Taiwan site is its second one in Asia. It also operates […]

Naturally Caffeinated eBook on Austin Entrepreneurship Available to Download for Free

By Steve Guengerich Special to Silicon Hills News I’m excited to announce that a revised and updated 2016 edition of the Naturally Caffeinated ebook is now available for download. (For the impatient among you, you can scroll to the bottom for the download link!) 2016 Edition Highlights Guest Contributors Whereas the original ebook was only […]

Bloomfire Lands $12.8 Million in Funding

Bloomfire, which makes a software platform for companies to share information, Thursday announced it has closed on $12.8 million in Series B funding from Austin Ventures. Bloomfire plans to use the funds to hire more people for its sales and marketing teams and on research and development of its platform. “This capital shows that Bloomfire […]

Google Gives Grants to Austin Public Library Foundation for Digital Inclusion Program

The benefits of having Google Fiber in Austin go far beyond higher broadband speeds. That can be seen in Google’s latest gift to the Austin Public Library Friends Foundation. This week, Google and Google Fiber awarded $145,000 to the foundation to support a new digital inclusion program. The funds will go to buy new videoconferencing […]

U.S. Secretary of Transportation Anthony Foxx Visits Austin, a Finalist in the Smart City Challenge

By LAURA LOREK Reporter with Silicon Hills News Comparing his journey this week to that of an American Idol judge, U.S. Secretary of Transportation Anthony Foxx visited Austin Tuesday morning to meet with leaders from one of seven finalists vying for a $40 million Smart City Challenge grant from the U.S. Department of Transportation. Foxx […]

Equity Based Crowdfunding Starts Nationwide Today

Today is an historic day for startup investing and fundraising. Title III of The Jobs Act goes into effect four years after President Barack Obama signed the act into law. That means companies, ranging from restaurants and bars to video game makers and software companies, can now raise funds through equity crowdfunding portals from mom […]

The True Cost of Prop 1 for Austinites: $29M, Jobs, Funding and Lives

Opinion: By Courtney Powell Special to Silicon Hills News This has been a difficult week for many Austinites. The Prop 1 campaign has galvanized the community, and rightly so. There was no shortage of opinions, interests, or ego on either side of the debate. I believe it was a poorly executed campaign on both sides, […]

Favor Moves Into Cool New Headquarters in Downtown Austin

Austin’s home-grown delivery service, Favor, has just moved into some cool new digs in downtown Austin. The company, with 121 local employees, now occupies 12,000 square feet of office space at 1705 Guadalupe Street. It’s decked out with murals of Austin landmarks and favor delivery items in blue and white, Favor’s signature colors. The company’s […]

Isabella Rose Taylor Named Austin A-List Rising Star

At the Austin A-List awards ceremony Wednesday night, the organizers chose to honor Isabella Rose Taylor as its entrepreneurial rising star. Taylor, 15, is from Austin and is one of the world’s youngest fashion designers and artists. “I really got into fashion through my art,” Taylor said. “I’ve been selling my art since before I […]

12 Startups Named to 2016 Austin A-List

In a standing room only theater, a dozen Austin startups, ranging from emerging companies to bigger ventures, received awards Wednesday night as part of the Austin A-List of the Hottest Startups. The Austin Chamber, through its Innovate Austin initiative, and South by Southwest Interactive put the event on every year at ACL Live at the […]

H-E-B is Offering Grocery Delivery to San Antonio Customers

H-E-B is launching grocery delivery for customers in San Antonio starting this week. The San Antonio-based grocery giant has partnered with Shipt and Instacart to offer grocery delivery to customers in the San Antonio area. Orders will be filled by personal shoppers and delivered in an hour. Instacart will expand service into San Antonio on […]

BigCommerce Lands $30 Million in Venture Capital

BigCommerce, an ecommerce platform, announced Tuesday that it has closed a $30 million round. GGV Capital led the funding round with participation from existing investors including General Catalyst, Revolution Growth, Softbank Capital, Tenaya, Split Rock, Telstra Ventures and American Express Ventures. BigCommerce, founded in Australia in 2009, has previously raised $125 million. The company has […]

Lyft and Uber Cease Operating in Austin After Proposition One Fails to Pass

By LAURA LOREK Reporter with Silicon Hills News Lyft and Uber ceased operating in Austin Monday after voters rejected Proposition One, which would require the companies to do fingerprint background checks on drivers. “Whether or not Uber and Lyft choose to leave town, the city is committed to ensuring that Austinites, both drivers and riders, […]

Austin Voters Cast Ballots on Proposition One Today

It’s finally here. The special election for Austin voters to cast their ballots on Proposition One. A vote yes means the regulations City Council adopted last December to require fingerprinting background checks of all ridesharing drivers get thrown out. And Lyft and Uber and other so called Transportation Network Companies, known as TNCs, will continue […]

15 Student Run Startups Pitch at the 10th Longhorn Startup Lab Demo Day

By Laura Lorek Reporter with Silicon Hills News A year ago, Ryan Norton didn’t have a car and he needed to get to the dry cleaner and back from the University of Texas at Austin campus. “Dry cleaning is really inconvenient,” Norton said. “As we looked at this space we recognized the entire industry is […]

Mike Maples Jr. Talks About TNCs, Thunder Lizards and Network Capitalism at Longhorn Startup Demo Day

By LAURA LOREK Reporter with Silicon Hills News Mike Maples Jr., general partner of Floodgate Ventures in Palo Alto, has a golden touch for making early investments into successful tech startups. That skill earned Maples the 19th spot on Forbes’ 2016 Midas list of the most successful venture capitalists for his astute investments which recently […]

Global Healthcare Expert in Austin says the U.S. Needs to Spend More on Medical Research

By LAURA LOREK Reporter with Silicon Hills News Austin has become a new hotspot for healthcare, technology and startup funding and a conference held downtown this week combined all of those ingredients. The inaugural HealthCare Texas Innovation Capital Conference held at Brazos Hall Wednesday and Thursday attracted more than 450 attendees including more than 100 […]

OutboundEngine Raises $16 Million in VC Funds and Plans to Add 200 Employees

OutboundEngine, which makes an online marketing platform for small business owners, announced Wednesday that it has closed a $16 million Series C funding round. Austin-based S3 Ventures led the round with participation from previous investors Silverton Partners, Noro-Moseley, Harmony Partners, Altos Ventures and Capital Factory. To date, the company has raised $33.8 million. OutboundEngine plans […]

Google Maps Enables Virtual Visits to Austin and Texas Landmarks

From the Lady Bird Lake Hike and Bike Trail to Mount Bonnell, Google Maps now provides a virtual view of some of Austin’s remarkable landmarks. Google Maps announced on Tuesday that more than 80 Texas landmarks are now live for people to explore online through Street View in Google Maps for both Android and iOS […]

Chiron Health to Pitch at Google Demo Day

Chiron Health will represent Austin at the annual Google Demo Day on Wednesday at Google’s headquarters in Mountain View. “It’s really great exposure for us,” said Charlie Kolb, co-founder and vice president of business development for Chiron Health. “It gives us exposure to those West Coast VCs. It fosters new connections and the right kind […]

SpareFoot Continues its Tradition of Outrageous Marketing

Since its founding in 2008, SpareFoot has always tended to have some outrageous marketing projects. Silicon Hills News reported on its annual pinup calendar. And its unusual recruiting mockumentary video. (The video no longer seems to exist.) Now SpareFoot has launched a new series of videos. It’s working with Austin-based ad agency, Titled Chair, to […]

Spotify Dedicates Recording Studio at Kealing Middle School

At South by Southwest this year, Spotify created the biggest and best-ever Spotify House at 1501 E. 6th Street. But what happened after SXSW is as cool as the immersive, interactive journey created at the Spotify House. Spotify donated all materials from its venue to be recycled to build a recording studio for students of […]

Austin is Battling to win the $50 Million Smart City Challenge

The City of Austin is fighting to win up to $40 million from the U.S. Department of Transportation and $10 million from Vulcan Philanthropy, Paul Allen’s investment company, in the Smart City Challenge. To gather information on how other smart cities are operating, recently Mayor Steve Adler traveled to Amsterdam, a city in which 50 […]

Five Events to Attend Next Week in Austin

Austin always has a ton of activities for entrepreneurs going on, but this is a particularly busy week for tech events. Silicon Hills News has highlighted a few below that are worth checking out including two focusing on the city’s emerging medical technology industry. HealthTech Breakfast On Tuesday, Silicon Hills News will be moderating a […]

AlertMedia Raises $4 Million More in Venture Capital

AlertMedia, a platform for interactive mass notification, announced Tuesday it has raised $4 million more in a Series A-1 funding round. Silverton Partners led the round which included ATX Seed Ventures and other current investors. The Austin-based startup announced last June that it had raised $4.16 million in Series A funding. The latest round is […]

SparkCognition Lands $6 Million in VC Funding

Startup Games: Level Up Kicks off Saturday at Fair Market

In Austin, startups do eventually become big businesses but that that doesn’t mean they still don’t like to have fun. And that’s the reason behind the second annual Startup Games: Level Up event, which takes place Saturday at Fair Market and features ten bigger companies competing against each other in games like ping pong, foosball, […]

UT at Austin Professor Led Startups Disrupting Oil Recovery, Social Media and IoT

By LAURA LOREK Reporter with Silicon Hills News At the April meeting of the StARTup Studio on Tuesday night, Ultimate EOR, People Pattern and AwiaTech Corp. presented their ventures. All of them have University of Texas at Austin professors at the helm. The monthly StARTup Studio invitation-only meetings take place at WeWork on Congress and […]

Google Fiber Seeking Digital Inclusion Fellows in Austin and San Antonio

Google Fiber has partnered with the Nonprofit Technology Network, known as NTEN, to hire Digital Inclusion Fellows to help build digital literacy programs in Austin and San Antonio. Residents in Austin and San Antonio can apply to participate in the program and to become a Digital Inclusion Fellow through its application online through May 13th. […]

Experian Buys Austin-based CSIdentity for $360 Million

In 2006, Bill Morrow founded CSIdentity in San Antonio. A few years later, he moved the company to Austin, which had a much more developed technology industry. This week, Experian, the global information services company, announced plans to buy CSIdentity for $360 million. The deal is pending regulatory approval. “The acquisition of CSID accelerates executive […]

Austin-based TripChamp Lands $2 Million for Corporate Travel Platform

Tripchamp, a corporate booking platform for travel, announced Tuesday that it has raised $2 million in funding from The Bird Group, owners of Amadeus India, a global platform for the Indian travel industry. The Austin-based startup plans to use the funding to boost its customer service channel and for corporate growth, according to a news […]

EverlyWell Raises $2.5 Million for Diagnostics Testing at Home

EverlyWell announced Tuesday that is has raised $2.5 million in seed funding and launched a beta test of its at-home healthcare diagnostics tests. The Austin-based company is led by CEO Julia Cheek, who recently moved to Austin from Dallas. The startup has six employees and its headquarters is at West 6th Street and Guadalupe. “We […]

Austin VC Deals Increase but Dollars Drop in the First Quarter of 2016

The good news is venture capital flowing into Texas topped $591.9 million in the first quarter of 2016, up nearly 40 percent from $423.5 million for the same quarter a year ago. But venture capital flowing into Austin during the first quarter of 2016 dropped 49 percent to $141.3 million, compared to $277.8 million for […]

Houston-based Alert Logic Acquires Austin-based Click Security

Houston-based Alert Logic announced it has acquired Austin-based Click Security. The terms of the deal were not disclosed. Alert Logic, security as a service solutions provider for the cloud, acquired Click Security to bolster its security analytics and threat detection solutions and to add to its security and engineering talent. The companies also provide complementary […]

WeWork Opens Second Location Near UT Austin’s North Campus

By HOJUN CHOI Reporter with Silicon Hills News WeWork opened its second Austin location, “WeWork University Park” on Monday. The new space is located on the 7th floor of the University Park business center at 3300 N. Interstate 35, near the University of Texas at Austin’s North Campus area. The building also houses one of […]

Serial Entrepreneur Menell Joins Investor Relations Firm AngelSpan

By SUSAN LAHEY Reporter with Silicon Hills News Bryan Menell hosted his longstanding, monthly, Austin Tech Happy Hour Thursday at the Dogwood, except this time he was wearing an AngelSpan t-shirt. The serial entrepreneur sold his most recent company, Mahana, to Crunchtime in 2015 and has been looking for opportunities since. At the February Austin […]

New Funds Seek to Provide More Money for Austin Entrepreneurs

By LAURA LOREK Reporter with Silicon Hills News In Austin, entrepreneurs get funding from a wide variety of sources to launch or accelerate a new venture. Those sources include friends, family, fools, banks, grants, incubators, angel investors, strategic partners, venture capital, private equity and other sources. A panel of funding experts gathered Wednesday afternoon in […]

RideScout and GlobeSherpa Rebrand as moovel

By HOJUN CHOI Reporter with Silicon Hills News Austin-based RideScout and Portland Ore.-based GlobeSherpa are merging under one brand: moovel North America. Under the rebranding, Joseph Kopser, co-founder of RideScout, will be taking on the position of president of moovel Group GmbH, a subsidiary of German automobile titan Daimler AG – most famously known for […]

HealthCare Texas 2016 to Take Place May 3rd and 4th in Austin

With the first Dell Medical School class kicking off in June with 50 students, the medical technology and biotechnology industry in Austin is set to boom. Already, dozens of startups have launched in Austin and more are in the works. So it’s the perfect time to gather for a conference to bring startups, investors and […]

LiveOak Adds Venture Partner Focused on the Dallas Market

LiveOak Venture Partners announced Friday it has added Ram Velidi of Dallas as a new venture partner. Velidi has had extensive experience as a venture investor over two fund cycles at Sevin Rosen Funds. He also has experience working with entrepreneurs as an executive with Net.Orange/NantHealth and Xybridge/ZHNE. Velidi will focus on investments in the […]

Music Meets Video Launches in Austin

Music Meets Video, a new user generated content platform for emerging music artists, launched this week in Austin. The startup has partnered with We Are the Hits, a leading music publisher, that allows it to host content from Universal Music, Sony/ATV, Warner/Chappelle and Kobalt Music Group’s song catalogs with more than six million hit songs. […]

Austin-based Aeglea BioTherapeutics Goes Public and Raises $50 Million

Aeglea BioTherapeutics went public on the NASDAQ Stock Market Thursday at $10 a share with an Initial Public Offering bringing in $50 million. Shares in the biotechnology company, which develops enzyme-based therapeutics in the field of amino acid metabolism to treat inborn errors of metabolism and cancer, closed down two percent at $9.77 a share. […]

RetailMeNot Buys GiftCard Zen

RetailMeNot, a platform for deals and coupons, Thursday announced that it has acquired Phoenix-based GiftCard Zen, a secondary marketplace for gift cards. The Austin-based company acquired GiftCard Zen for $22 million in cash and up to $11 million more if it meets specific targets and continues to employ a key employee after April 5th when […]

Why Should Your Startup Get Funding in Austin?

By LAURA LOREK Reporter with Silicon Hills News Startups and investors engage in a complicated dance in Austin’s funding ecosystem. It is a topic which has generated a lot of discussion about whether enough investors and funds exist to finance entrepreneurs in Austin or whether the startups just aren’t good enough to land investment. On […]

Tarmac TX Accelerator to Launch in Austin

A new accelerator program, Tarmac TX, is launching in Austin. Esteban Fabiao, its director, answered a few questions via email about the nine month long program that offers coworking space, mentorship, events and workshops for seven startups. The program kicks off May 1st. The deadline to apply is Friday. Q. SHN: What is Tarmac TX? […]

Q&A with CTAN: the Most Active Angel Group in the Country in 2015

The Central Texas Angel Network, known as CTAN, was the most active individual angel group in the country in 2015, according to the HALO Report recently released by the Angel Resource Institute and PitchBook. Members of CTAN, a nonprofit organization of more than 150 accredited angel investors, invested more than $13.3 million into 43 startups […]

Silicon Hills News to Launch the Innovative Coworking House of Innovation

Silicon Hills News has covered the Central Texas technology scene for five years now and we have noticed a huge gaping gap in coverage. The Austin and San Antonio region simply does not have a technology reality show that showcases all of the innovation gurgling up from the natural springs of this fertile cutting edge, […]

U.S. Secretary of Defense Ash Carter Visits Austin and Talks Tech

U.S. Secretary of Defense Ash Carter visited the University of Texas at Austin on Thursday followed by a trip to Capital Factory to talk tech with entrepreneurs. During his visit to UT, Carter met with the Chancellor of the University of Texas System, Bill McRaven. “At the University he met with the Institute on Domestic […]

It’s April and the Fools are Doing Their Thing

The Zebra, a car insurance comparison and aggregation startup, introduced its ICSPA or In-Car Selfie Prevention Alarm, a new vanity monitoring technology on Friday. Aceable, the driver’s ed app, announced that Willow Smith, the 15-year-old daughter of actors Will Smith and Jada Pinkett Smith, contacted the Austin-based startup through her assistant because she’s interested in […]

How to Empower Women Entrepreneurs and Business Leaders

By LAURA LOREK Reporter with Silicon Hills News To get ahead, women must advocate for themselves, negotiate for equal pay, surround themselves with a supportive team and learn from mentors. Those are a few of the tips gleaned from a panel of five executive women who have accomplished a great deal during their careers in […]

eRelevance Corp. Raises $4.5 Million in Funding

eRelevance Corp., which makes a marketing platform for small to medium sized businesses to engage customers, on Thursday announced it has raised $4.5 million in its Series A round of funding. The Austin-based startup, co-founded in 2013 by serial entrepreneur Bob Fabbio, has raised $8.6 million since launching. The company plans to use the money […]

Flavr Wins International Accelerator Pitch Competition at SXSW

South by Southwest Interactive not only showcases Austin’s technology scene to the world, but it has also become a global stage for international startups to showcase their products and services. This year, International Accelerator, based in Austin, held its first FastPitch competition at SXSW at the Mexican American Cultural Center. Flavr, a food tech app […]

Dell Sells IT-Services Business to NTT Data

Dell announced on Monday plans to sell its IT and digital business solutions division to Tokyo-based NTT Data for $3.05 billion, according to the Wall Street Journal. The division includes solutions for healthcare, financial services, insurance and the public sector. The sale helps Round Rock-based Dell raise cash to complete its $67 billion acquisition of […]

Austin-based Favor Expands Delivery to WestLake

The wait is over for Austin residents and businesses in the outlying areas of Westlake and 360 to get Favor, the Austin-based on demand delivery service. This week the company announced it has expanded its Austin delivery zone to include Westlake. Its zone expanded west with Texas State Highway Loop 360 as its new border. […]

Chaotic Moon’s Cooking up Some Cool Tech Applications

During South by Southwest, Chaotic Moon showed off some of the latest applications created by its research and development team. Chaotic Moon is known for some outrageous tech displays at SXSW. A few years ago, the studio launched a drone and tasered an intern in its offices. This year, no interns were tasered. But the […]

Austin-based AVAI Mobile Solutions Partners with C3 Presents

AVAI Mobile Solutions, based in Austin, announced it has been selected as the primary mobile technology partners for Austin-based C3 Presents, which produces Austin City Limits Music Festival and Lollapalooza. AVAI, which Silicon Hills News wrote about in 2013, did not disclose the terms of the deal. AVAI Mobile will be working with C3 to […]

UberEats Launches in Austin

Uber, the San Francisco-based ride sharing company, just launched UberEats in Austin. UberEats, a smartphone app available on iOS and Android, lets people order food from local restaurants. It just launched in Austin. It launched March 15th in Chicago, Houston, Los Angeles, San Francisco and Toronto. “For the past year and a half we’ve been […]

ICYMI: Google’s Self-Driving Car Project at SXSW

In 2003, the U.S. Defense Department launched the DARPA Grand Challenge to have a car drive 150 miles by itself across the Mojave desert from Los Angeles to Las Vegas. That’s when Google’s Chris Ursom, director of its self-driving car project, first got involved with autonomous cars. More than 100 teams registered the first year […]

Thinking up World Changing Ideas with Max Levchin at SXSW

Max Levchin, one of the co-founders of PayPal, stayed up all night at South by Southwest Interactive, to come up with his list of five unstoppable trends that are going to change the world. During his keynote address, Levchin said too many entrepreneurs focus on small ideas. He’s looking for transformative ideas that will have […]

Julie Huls to Join San Antonio-based DoSeum

For the past six years, Julie Huls has served as president of the Austin Technology Council during one of the biggest boom times for the city’s technology industry. During her time there, she helped grow the organization’s membership and raise funds for the organization. The ATC has 280 companies as members representing 1,600 executives and […]

Peeple and Kasita Win SXSW Innovation Awards

The word innovate has become such a buzzword at South by Southwest Interactive that Onion did a parody on it. “Word “Innovate” Said 650,000 Times at SXSW So Far,” by the Onion is worth checking out. But all joking aside, Innovation is serious business. And SXSW every year gives out Innovation Awards to the startups […]

Q&A with Austin-based BNB Shield

Q. What is BNB Shield LLC? A: BNB Shield LLC finds, reports on and challenges illegal, contract-breaking and unlicensed short-term rentals. We report these to the proper channels to ensure they are promptly removed from third-party rental platforms that include AirBnB, Craigslist, Home Away, Overnight, FlipKey, VRBO, VacationRentals.com, among others. A proliferation of short-term rental […]

Innovation Policy Day at SXSW Highlights the Need for Cooperation and Collaboration

By HOJUN CHOI Reporter with Silicon Hills News SXSW goers listened to experts and leaders from the tech industry discuss the intersections between new innovations and government policy during Innovation Policy Day on Tuesday. The event, which featured four different panels, was organized by the Consumer Technology Association, which provides its members market research, education […]

Journey to Mars Gets Standing Ovation at SXSW

By SUSAN LAHEY Reporter with Silicon Hills News It’s rare that a SXSW session gets a standing ovation but NASA’s Journey to Mars presentation Tuesday left a packed audience inspired and on their feet. NASA panelists made it clear that there is not, currently, a mission planned to Mars. Instead, preparations are being made on […]

People Just Want to be Happy at SXSW

What’s the secret to a successful panel discussion at South by Southwest Interactive? Puppies and cookies and a talk about happiness. At the panel Designing Happiness on Saturday, Lippencott, Disney and SoulCycle had huge lines waiting to fill their 500 seat room. It was one of the highest attended panel’s of the day not including […]

Mayor, Tech Leaders Want to Tackle Challenges Together

By CHELSEA COLLIER Special to Silicon Hills News It used to be that the phrase “tech policy” would send people running for more interesting conversation. But today, public policy and regulations are the hot topic at every meet-up, coffee gathering and cocktail party at SXSW and beyond. In fact, the intersection of tech and policy […]

Atlanta Showcases its Tech Community at SXSW

By HOJUN CHOI Reporter with Silicon Hills News Community leaders from the heart of Atlanta’s tech scene had a chance to strut their city’s entrepreneurial spirit at ChooseATL’s Tech Square Takeover event on Monday. The free SXSW event was open to the public, and was one of many events hosted at the ChooseATL House at […]

Hate Your Commute? Ride in a Speedy, Private, Storm Trooper Helmet

By SUSAN LAHEY Reporter with Silicon Hills News If Richard Garriott de Cayeux gets his way, Austin’s nightmare traffic will soon be mitigated by little electrically powered pods that resemble storm trooper helmets, drive on an elevated roadway, and can get you from St. Edwards to the University of Texas in about eight minutes. According […]

Austin Startup one of SXSW Accelerator’s top winners

By SUSAN LAHEY Reporter with Silicon Hills News Austin’s Pop Up Play won first place in the Entertainment and Content category at the SXSW 2016 Accelerator Awards. The company creates cardboard play sets—castles, spaceships–that children can design and customize online then order. Winners in other categories were Enterprise and Smart Data: Parknav uses real time […]

Is SXSW Less of a Zoo This Year?

By SUSAN LAHEY Reporter with Silicon Hills News After years of complaints that SXSW was getting “too big” and “too crazy” and “too much of a zoo,” many people who have been at the Interactive conference over the years have commented that the conference seemed quieter this year…less crazy. Even with the President of the […]

From the Silicon Gulch to the Silicon Hills, Austin’s Tech Industry Continues to Thrive

By LAURA LOREK Reporter with Silicon Hills News “When the three of us moved here you could fire a shotgun down Congress Avenue and not hit anyone,” said Neal Spelce, founder of AustinLetter.com. “It was a small town and everyone knew everyone.” Today, Austin is the nation’s 12th largest city and the fastest growing in […]

In the Tech World, Inclusion is Everyone’s Job

By SUSAN LAHEY Reporter with Silicon Hills News A woman headed up the team for the onboard flight software for the Apollo space mission. Cruise control was invented by a blind man. Most of the startups that succeed have founders who are over 40. These were some of the takeaways from Tech Inclusion, an all-day […]

Goldman Sachs Buys Austin-based Honest Dollar

In huge news coming out of South by Southwest Interactive, the Investment Management Division of Goldman Sachs announced plans on Monday to buy Honest Dollar, a web and mobile-based retirement savings platform that launched at the show last year. The terms of the deal were not disclosed. William Hurley, known as Whurley, former founder of […]

Inclusivity, Mentoring and Entrepreneurship Help to Create a More diverse Austin Startup Scene

By LAURA LOREK Reporter with Silicon Hills News Austin has got a problem, said Michael Henderson, founder and CEO of Developers Doing Development. The city’s black population is now around 8 percent, and city projections show it could fall to as low as 5 percent in coming decades, according to an article last summer in […]

Say No to FOMO: A List of the Best Lists for SXSW

Do you feel a case of FOMO coming on? That knot in the stomach that keeps getting tighter the closer South by Southwest gets? It doesn’t matter if this is your first SXSW experience or you go every year, one thing is certain: you will sign up for something and you will not go because […]

Condé Nast to Open Austin Digital Innovation Center

Condé Nast, the publisher of Wired, Vanity Fair, GQ and The New Yorker, Monday announced plans to open a new digital innovation center in Austin with 50 employees. The center will serve as the company’s outpost for its digital teams with a focus on engineering and product development for Condé Nast’s digital portfolio. Condé Nast […]

Creating the Next Generation of Innovators at TEDxSanAntonio

By LAURA LOREK Reporter with Silicon Hills News A theme at TEDxSanAntonio this year swirled around disrupting the education system to train kids for jobs in the information age. The Internet has had a profound effect on jobs and the way students learn, said Colin Lang, aerospace studies teacher at Alamo Heights High School. Today, […]

Indeed Plans to Hire 1,000 Employees in Austin

By LAURA LOREK Reporter with Silicon Hills News Indeed started out in 2004 to build a better search engine for jobs. Today, Austin-based Indeed is the world’s largest job site attracting 200 million unique monthly visitors. Indeed is focused on how people will find jobs in the 21st century, said Chris Hyams, its president. “More […]

Short Term Rentals Fill Austin’s Housing Needs During SXSW

By SHION DEYSARKAR Founder of Datainfiniti Special Contributor to Silicon Hills News SXSW will be upon us in less than two weeks. As everyone in Austin is well aware, the annual music-film-tech festival brings in hordes of visitors, turning downtown Austin into one long queue for everything. At this point, it’s become a well-worn cliche. […]

RealMassive Settles Lawsuit with CoStar Realty for $1 Million

RealMassive, a commercial real estate data marketplace, Wednesday announced it has settled a copyright infringement lawsuit with CoStar Realty Information Inc. for $1 million. “We are glad to have this lawsuit resolved,” Craig Hancock, Chief Executive Officer of RealMassive, said in a news release. “CoStar’s claim that we deliberately added its photos to our database […]

Top 10 Things to do at SXSW Startup Village

By CHRIS VALENTINE Special Contribution to Silicon Hills News Startup enthusiasts and innovation seekers around the world are preparing themselves for the week-long whirlwind of conferences, pitch competitions, panels, and networking events that make up SXSW Interactive. With so many event opportunities for you to choose from, it’s best to prepare ahead of time and […]

President Barack Obama and First Lady Michelle Obama to Speak at SXSW

South by Southwest just announced Wednesday morning President Barack Obama will participate in a keynote conversation at SXSW Interactive. The president will speak on Friday, March 11th. He will participate in a fireside chat with Evan Smith, Chief Executive Officer of the Texas Tribune. In addition, First Lady Michelle Obama will give the opening keynote […]

Mayors’ Pitch Competition at SXSW to Award $25,000

In a post on Medium, Austin Mayor Steve Adler announced a new pitch competition at South by Southwest aimed at providing solutions for America’s biggest cities. The competition is open to startups with products or programs that can solve tough challenges for cities, according to the post. A panel of mayors and industry experts will […]

Savara Pharmaceuticals Closes on $20 Million in Venture Capital

Savara Pharmaceuticals Tuesday announced it has closed on $20 million in Series C financing. The Austin-based company plans to use the funds to test AeroVanc, an antibiotic that can be inhaled to treat Methicillin-Resistant Staphylococcus Aureus, also known as MRSA, lung infection in people with cystic fibrosis. “The new financing will help support the AeroVanc […]

GoPro Buys Austin-based Vemory and its Video Editing App Splice

GoPro on Monday announced it has acquired Splice, a video editing app developed by Vemory, an Austin-based startup. The San Mateo-based company also acquired Replay, another video editing app, and plans to merge them to deliver mobile editing solutions to GoPro customers and other smartphone users, according to a news release. GoPro paid $105 million […]

WigWag Gets $3.17 Million in Funding

WigWag, the maker of a platform for connecting devices in the home through the Internet, announced this week it has raised $3.175 million in seed funding. The Austin based startup, founded in 2011, received the funding from Palo Alto-based CSC Venture Capital. It plans to use the money on product development and to hire more […]

Linux for Ladies Program Seeks to Train More Women in the Technology Field

Anna Eilering worked as a chef before becoming a software developer two years ago. “I make four times the amount of money I made as a chef,” Eilering said. She also has healthcare and other benefits as an employee at Rackspace in San Antonio. But it took her almost ten years working as a chef […]

Time for Startups to Apply for the Austin Chamber of Commerce’s 2016 A-List

The Austin Chamber of Commerce Thursday began accepting nominations for the 2016 Austin A-List. The awards, put on by the chamber and South by Southwest Interactive, seek to showcase Austin’s most innovative startup companies at three different stages of development. • Emerging (Early/Seed Stage) – Raised under $1 million; • Growth (Mid-Stage) – Raised $1 […]

Driverless Vehicles and Other Projects Being Developed at Southwest Research Institute

By LAURA LOREK Reporter with Silicon Hills News A group gathered at bleachers in a test field just off Culebra road on Monday as a giant red cab of an eighteen wheeler drove up and stopped along with a Ford Explorer, nicknamed Marti, and a Humvee. None of them had drivers. Most people have heard […]

Healthcare Robots and Software Showcased at stARTup Studio

By HOJUN CHOI Reporter with Silicon Hills News Entrepreneurs from around Austin gathered at WeWork downtown for the second stARTup Studio of 2016, and had a chance to hear about innovations being developed at The University of Texas at Austin. The event, which began in 2013, is co-sponsored by WeWork, the Austin Chamber of Commerce […]

Shopgate moves U.S. Headquarters to Austin and Plans to Hire 50

Shopgate, a German-based mobile ecommerce company, announced Wednesday it is moving its U.S. headquarters to Austin from Palo Alto and plans to hire 50 local employees. Shopgate also announced Marc Biel as its Chief Executive Officer to lead its expansion into the U.S. market. Biel previously served as chief financial officer and chief operations officer […]

Two UT Professors Get Startup Grants from the Innovation Center

The focus of the Innovation Center in the Cockrell School of Engineering at the University of Texas at Austin is to help professor led startups. To that end, the Innovation Center formed a grant fund and Wednesday announced its first two grant recipients. The center awarded grants to Professor Luis Sentis, who runs a robotics […]

UT Austin Startup Atom Mines Wins Texas Energy Pitch Competition

By LAURA LOREK Reporter with Silicon Hills News A new startup, Atom Mines won first place in the Texas Energy pitch competition at the University of Texas at Austin during UT Energy Week. The Austin-based startup, founded this year, is creating a more efficient type of light bulb that uses less energy and lasts longer. […]

Student Loan Genius Raises $3 Million in Seed Funding

Student Loan Genius announced it has raised $3 million in seed funding. The Austin-based startup received the funds from Gibraltar Ventures, an affiliate of Prudential. Other participants included Kapor Capital, Capital Factory and Village Capital. Tony Aguilar co-founded Student Loan Genius to allow companies to help their employees pay off their student loans faster through […]

Google and HUD to Bring High Speed 1 Gigabit Internet to Public Housing Developments

Google and the U.S. Department of Housing and Urban Development announced Wednesday plans to bring high speed Gigabit Fiber Internet to housing developments nationwide. The goal is to improve access to the Internet for the nation’s poorest residents and to help children get access to materials online to improve their education and help boost their […]

20 Finalists Compete Saturday in the Food+City Challenge

Twenty finalists from all over the world will be in Austin on Saturday to compete in the 2016 Food+City Challenge Prize Showcase Day. A panel of 17 judges will evaluate the finalists and select the winners of $50,000 in prize money and perks from Food+City partners. The showcase day runs from 10 a.m. to 4:00 […]

San Antonio Tech Community to Host its First Startup Week

For more than four years, San Antonio’s technology community has been percolating with excitement amidst a ground swell of support bubbling up to create a vibrant startup industry. First, Geekdom set up operations in downtown San Antonio at the Weston Centre and then moved to its own building, the Rand on Houston St.. And now, […]

OJO Labs Lands $5.8 Million in Venture Capital

By LAURA LOREK Reporter with Silicon Hills News A new startup, OJO Labs just closed on $5.8 million in Series A funding from local investors. Austin-based LiveOak Venture Partners and Silverton Partners led the financing. John Berkowitz, co-founder of Yodle and David Rubin, founder and former CEO of ProfitFuel founded OJO Labs in February of […]

Ground Breaking Microscope Technology Spins out of UT Austin

By LAURA LOREK Reporter with Silicon Hills News The birth of a new microscope industry is taking place at the University of Texas at Austin that can change the way scientists view living cells at the smallest stage. On Tuesday night at the Austin Chamber of Commerce, a small group attending UT’s Startup Studio got […]

Austin-based Pivot3 Buys NexGen Storage

Austin-based Pivot3 announced Wednesday it will acquire NexGen Storage, a privately held maker of hybrid storage appliances based in Louisville, Colorado. The financial terms of the deal were not disclosed. Pivot3 intends to market and enhance all current and planned NexGen products. “Everyone talks about the need for agility in terms of business needs, but […]

Favor and Kinsa Team up to Send Soup to Sick People in Austin

This is the kind of warm and fuzzy story that warms our hearts and our stomachs during the height of flu season in Austin. Austin-based Favor, the on-demand delivery service, has teamed up with Kinsa, the maker of the smart thermometer that tracks the spread of illness, to send out hot soup via Soup Peddler, […]

The Zebra Raises $17 Million in Venture Capital

The Zebra, which created an auto insurance aggregation and comparison site to save consumers money, has raised $17 million in Series A funding. The Austin-based company’s investors included Silverton Partners, Daher Capital, Ballast Point Ventures, Mark Cuban and Mike Maples Jr. “Insurance shopping is a major pain point for the 250 million-plus U.S. drivers on […]

uShip Wins the 2016 Austin Startup Games

By LAURA LOREK Reporter with Silicon Hills News uShip won the 2016 Austin Startup Games on Saturday afternoon at Fair Market on Austin’s East side. SpareFoot, a three-time champion, came in second, followed by LawnStarter, a new competitor to the games. More than 1,000 people attended the event, which raised $57,500 for local charities, said […]

Waldo Photos Launches in Austin and Raises $5 Million in Funding

Where’s Waldo? Right here in Austin, Texas. And they’ve just raised $5 million in venture capital to create a new photo-finding platform. Southern California venture capital firm Upfront Ventures led the round. Rodney Rice and Michael Beaudoin, veteran entrepreneurs who co-founded HomeAdvisor and Einstein Bros. Bagels, founded the site to create a seamless photo-finding experience […]

Fifth Annual Austin Startup Games Takes Place Saturday

Has it been five years already? Silicon Hills News covered the first Austin Startup Games at uShip back in the day and every one since then. In the beginning, they called them the Austin Startup Olympics, but I think they had to change the name so as not to confuse everyone with the real Olympics. […]

Datical Raises $8 Million in VC Funding

Datical, which makes software that lets companies update applications on their databases easily, announced Thursday it has raised $8 million funding. The Austin-based startup, founded in 2012, reported that S3 Ventures led its Series B round with participation from existing investors Mercury Fund and Austin Ventures. Previously, Datical raised $6.9 million in venture capital from […]

Civitas Learning Buys College Scheduler

Civitas Learning announced Wednesday it has acquired College Scheduler, a web-based class scheduling platform for students at colleges and universities. The financial terms of the deal were not disclosed. College Scheduler, based in Redding, Calif., was founded by a student, Robert Strazzarino, at California State University at Chico, to solve his problems with scheduling classes […]

ATI Joins ACC to Launch Services for Life Sciences Startups in Austin

Austin Technology Incubator at the University of Texas at Austin has teamed up with the Austin Community College District to launch business mentoring services aimed at life sciences startups. The services will be available at ACC’s Advanced Commercialization ACCelerator, opening later on this year at the ACC Highland Campus. That locations will have biotechnology equipment, […]

Two Austin-based Companies Acquired by j2 Global of Los Angeles

j2 Global, based in Los Angeles, announced this week it has completed the acquisition of two Austin-based companies. j2 Global bought Offers.com, a digital media company based in Austin and MX Toolbox, founded in 2004, which provides managed IT services for small businesses worldwide. The terms of the deal were not disclosed. Offers.com, a coupon, […]

OneSpot Hires Jon Driscoll as its Chief Revenue Officer

OneSpot announced this week it has hired Jon Driscoll as its chief revenue officer. Driscoll previously worked at Spredfast. At OneSpot, Driscoll will be responsible for sales strategy and business development. He reports directly to OneSpot CEO Steve Sachs. Austin-based OneSpot has created a content marketing platform and its clients include Kraft Heinz, Mondelēz International, […]

LawnStarter Expands to San Antonio and Four Other Markets

Lawn care is a big business nationwide. But it’s a highly fragmented industry with a lot of mom and pop businesses. That’s where LawnStarter has found its sweet spot. The on-demand lawn care service has found success in Austin, Orlando, Florida and Washington, D.C. hooking up lawn care providers with customers and now it’s branching […]

Austin VC Investments up 20% in 2015 to $740 Million

By LAURA LOREK Reporter with Silicon Hills News Nationwide the venture capital industry had one of its best years ever in 2015. And that’s true for Austin too. Austin ended the year with $740 million in VC investments, up 20 percent from 2014, in 99 deals, according to the MoneyTree Report from PricewaterhouseCoopers LLP and […]

Increasing Diversity in Austin’s Tech Ecosystem

By LAURA LOREK Reporter with Silicon Hills News South by Southwest, the nation’s largest technology conference, has worked hard to tackle diversity in technology to get more people who are not middle aged white guys as speakers and participants, said Hugh Forrest, director of SXSW Interactive. Last year, SXSW declared diversity in tech as its […]

Medical Focused Coworking Space, HeLiX, to Open in Austin

By LAURA LOREK Reporter with Silicon Hills News Developing new products for the medical industry requires special facilities like mock surgery rooms and lab space and the community in which to brainstorm ideas. “Whatever policy, procedure or product you’re working on we want it in an operating room environment so we can mimic those same […]

Vendini Acquires Austin-based CrowdTorch

Vendini, a San Francisco-based live events company, announced Friday it has acquired CrowdTorch, an Austin-based consumer ticket and live event platform, previously owned by Cvent. The financial terms of the deal were not disclosed. Its Vendini third acquisition since its founding in 2001. Vendini plans to keep the CrowdTorch ticketing platform and operate it as […]

TabbedOut Raises Additional $2 Million in Venture Capital

TabbedOut, a mobile payments app for bars and restaurants, announced Friday it has raised $2 million more in its Series C venture round. Miami-based Aeterna Capital provided the funds. That increases TabbedOut’s Series C round to $23.5 million. The other investors include lead investor Wellington Management Company and participating investors NEA and Morgan Creek Capital […]

CBANC Raises $4 Million in Venture Capital

CBANC, a network for bank and credit union professionals, announced it has raised $4 million in venture capital funding. The Austin-based network with 22 employees plans to use the funds to hire new employees, expand membership and launch new products CBANC founder Hank Seale led the Series B funding with participation from Texas Independent Bancshares, […]

Milken Institute Ranks Austin Fourth Best Performing City in 2015

Austin took the fourth spot in the Milken Institute’s annual Best Performing Cities index for 2015, down two spots from last year. “Austin-Round Rock, Texas, remains among the Top 5 best-performing large metros at fourth place, slipping from second last year,” according to the report. “It accomplished this feat despite a couple of shocks to […]

Younicos Raises $50 Million to Expand its Energy Storage Solutions

Younicos, based in Austin and Berlin, announced Tuesday it has signed agreements for $50 million in venture capital. The company plans to use the funds to scale sales of its intelligent energy storage solutions. First Solar, a global provider of solar energy solutions and Grupo ECOs, a sustainable investment-focused private equity firm, invested along with […]

Austin-based Revionics Buys Marketyze

Revionics, which makes price optimization software for retailers, announced Tuesday that it has acquired Marketyze, based in Tel Aviv, Israel. The financial terms of the deal were not disclosed. Onn Manelson and Nave Ronen founded Marketyze in 2011. The company has six employees and offices in Phoenix, Arizona and Tampa, Florida, according to its LinkedIn […]

Everfest Launches New Festival Photography Program

Everfest has launched a new festival photography program to complement its marketplace for discovering festivals worldwide. The Austin-based startup just launched the program to give photographers a chance to have their work published on Everfest. Photographers can apply on the site, upload links to their portfolio and if they are approved they get press passes […]

Videotape Launches New App to Create Interactive Videos

Videotape, based in Austin, announced it has released its new iOS app to help people create interactive videos. The startup created the app’s technology, called Jumpcut, that lets users share videos and receive interactive video responses. Other people can add to the new with new video and audio for up to 40 seconds. “We wanted […]

Zilliant Hires VP and Launches Channel Partner Program

Zilliant, based in Austin, announced Tuesday that it has hired Steve Hale as vice president of its newly launched worldwide channel sales. Hale will lead, design and execute Zilliant’s new channel program. Its channel partners will sell Zilliant data science solutions. Zilliant, founded in 1999, makes price optimization and price management software. “We’re very excited […]

Open Source Coworking Opens in Austin

Austin has another coworking site. Luke Filipos and Chris Sica founded Austin Coding Academy and then decided to create Open Source Coworking to expand their current business and launch a new one. “Our hope is to build a community whose network includes all of the human capital necessary to build any technology,” Filipos said in […]

Geekdom puts on a Geekshow Party for San Antonio

For its fourth birthday Geekdom hosted a free Circus-themed party in downtown San Antonio Thursday night at Main Plaza. The event featured the Wooden Nickel Carnival, which provided Vaudeville entertainment and vintage style carnival games including ring toss, darts and a hat toss games. The prize for winning at one of the games was a […]

Geekdom Transforms San Antonio’s Technology Industry in Four Years

What kind of impact can a privately financed technology incubator have on a city? Just take a look at Geekdom, the collaborative coworking technology center in downtown San Antonio. Four years ago, Graham Weston, co-founder of Rackspace, and Nick Longo, founder of CoffeeCup Software, launched Geekdom on the 11th floor of the Weston Centre with […]

BidPrime Expands its Austin Headquarters

BidPrime, which moved to Austin last year, is expanding. The company doubled the space on its headquarters from 2,000 square feet to 4,000 square feet at 1301 S I-35. The company moved to Austin last year and had 16 employees. It’s currently at 22 employees. BidPrime, founded in 2009, provides real-time notification of new federal, […]

Q2 of Austin Buys Social Money for $10.6 Million

Q2 Holdings, an online banking company, announced this week the acquisition of Social Money, a financial services software company based in Des Moines, Iowa for $10.6 million. The Austin-based company, traded on the New York Stock Exchange under the symbol QTWO, said Social Money is best known for its cloud-based platform called SmartyPigproduct that assists […]

Are Unicorn Horns Going to Pop the Tech Bubble?

Is the technology industry’s investment bubble about to pop? WBUR Radio Host Tom Ashbrook tackled that topic Wednesday morning on his On Point Radio show on National Public Radio. The conclusion was we’re already seeing the bubble deflate, but it’s not going to be as big of a bust as when the Dot Com bubble […]

everyStory of San Diego Acquires StoryPress of Austin

San Diego-based everyStory, a cloud-based story sharing mobile app and platform, announced it has acquired StoryPress of Austin. The financial terms of the deal were not disclosed. Mike Davis, CEO of StoryPress, launched the website in 2013 and a year later completed a successful Kickstarter campaign and raised $500,000 in seed stage capital. The company […]

Austin-based Favor Expands in the Dallas-Fort Worth Area

Austin-based Favor, the on demand mobile delivery service, announced Wednesday that it has expanded to three more Texas cities: Arlington, Frisco and McKinney. Favor is also making every restaurant and store in the cities available for on-demand delivery with an average delivery time of 35 minutes. Favor is now available in 18 cities in the […]

CPA Global Buys Austin-based Innography

CPA Global, based in Saint Helier, Jersey, announced it has acquired Austin-based Innography, a patent search and analytics software provider. The financial terms of the deal were not disclosed. Innography, founded in 2006, raised $16.5 million in four rounds including participation from Austin Ventures, according to its CrunchBase profile. CPA Global reported that the acquisition […]

Drako Motors Creates Software to run Electric Sports Cars

By HOJUN CHOI Special Contributor to Silicon Hills News Dean Drako’s launched his first tech company while still attending high school in 1982, when computers with monitors were only just becoming the norm and what we now know as the Internet was still in its infancy. Bringing together more than 30 years of experience as […]

Curtana Seeks to Cure Brain Cancer

By EVA RUTH MORAVEC Special Contributor to Silicon Hills News Dr. Gregory Stein had never been to Austin when he relocated his fledgling drug development company here from San Diego, a city rich with life sciences and its related ecosystem. “Entrepreneurs will do whatever it takes to make it work,” said Stein, president and CEO […]

Austin-based re:3D Makes 3D Printers for People Who Think Big

By SUSAN LAHEY Reporter with Silicon Hills News They were a group of space geeks, scientists, engineers and artists who met at NASA but, because of cutbacks in the U.S. space program, considered they might never get a chance to slip the bonds of earth’s orbit. So instead, they started a company to tackle two […]

Makerarm has Raised $429K Exceeding its Kickstarter Goal

With just a few hours left in its Kickstarter campaign, Makerarm has raised $429,716 exceeding its initial goal of $349,750. Austin-based Makerarm has created a complete digital fabrication system that is a sleek and slender robotic arm that can serve as a 3D printer, laser cutter, ink printer, fabrication and assembly machine. The product is […]

Austin-based Consero Global Buys Starting11 of Boston

By LAURA LOREK Reporter with Silicon Hills News Consero Global started out in 2006 with the goal of taking the pain out of finance and administrative duties for small to medium sized businesses. The Austin-based company has since grown tremendously earning it a spot on Inc. 500’s list of fastest growing companies in the U.S. […]

Favor on a Fast Growth Track, Hits 1 Million Deliveries

In 2013, Favor launched in Austin to deliver food to homes and offices. Zac Maurais and Ben Doherty initially founded the company while students at California Polytechnic State University and they ran a pilot program in San Luis Obispo. Now the company has announced it has reached another milestone. It has surpassed one million deliveries […]

Media Startups Apply to Pitch the Newspaper Association of America

The Newspaper Association of America is looking for startups with innovative ideas in the print, digital, mobile or advertising areas. The NAA is soliciting submissions for its third annual Accelerator Pitch program. The event will take place at NAA mediaXchange 2016 in Washington, D.C. April 17-20. The program is open to media startups founded in […]

Broomly Raises $1.3 Million and Launches “Uber for Home Services”

Broomly, which bills itself as “Uber for Home Services,” announced it has received $1.3 million in seed stage funding. The Austin-based startup provides on demand services including pest control, plumbing, HVAC, laundry and handyman services. With the funding, the company plans to expand into other cities nationwide. “Broomly is using technology to disrupt a massive […]

Beekeeper Data Raises $550,000 and Launches its Software Platform

At the Texata Summit 2015 in Austin, Beekeeper Data, a reporting and analytics startup, announced the launch of its software platform. The company, based in Dallas with five employees, makes software that allows businesses to easily send reports to their customers via email. Beekeeper also announced it has raised $550,000 in seed stage funding from […]

San Antonio Businesses Learn How to Get Online at Google Event

By LAURA LOREK Reporter with Silicon Hills News For 55 years, Harold’s Art and Framing on San Antonio’s South Side in the Mission district has done business through its brick and mortar store. But on Monday morning the mom and pop business got its own website thanks to Google’s Let’s Put Our Cities on the […]

Rent the Runway’s Project Entrepreneur Launches Venture Competition

By LAURA LOREK Reporter with Silicon Hills News Six years ago, Jenny Fleiss founded Rent the Runway with Harvard Business School classmate Jenn Hyman. Today, the New York-based company has more than five million members and 500 employees. And to scale their venture, Fleiss and Hyman have raised $114 million in venture capital from Bain […]

Dell Medical School Plans a Technology Accelerator

By LAURA LOREK Reporter with Silicon Hills News The new Dell Medical School at the University of Texas at Austin is going to have a technology medical accelerator to nurture new startups. Whether the Dell Medical School operates it or partners with an existing accelerator is something they are looking at right now, said Dr. […]

Austin Needs Bigger VC Deals and More of Them

By LAURA LOREK Reporter with Silicon Hills News Is a bootstrap mentality holding Austin’s entrepreneurs back from breaking through to big markets and venture capital opportunities? That question sparked a lively discussion from seven panelists attending an event put on by the Austin Chamber of Commerce and the Austin Technology Council Thursday night at Carmelo’s […]

Assured Enterprises Moves Headquarters to Austin and Plans to Hire 150

Assured Enterprises, based in McLean, Va., is moving its corporate headquarters to Austin with plans to hire 150 new employees in the next 12 months. The company is in the red-hot cybersecurity space. It makes an assessment tool to detect known vulnerabilities in software applications running on a workstation. It is hiring employees in software […]

Expedia to Buy HomeAway for $3.9 Billion

Expedia, based in Bellevue, Washington, announced Wednesday plans to buy Austin-based HomeAway in a deal worth about $3.9 billion. That represents a per share price for HomeAway of $38.31, based on Expedia’s closing price on Nov. 3. Under the terms of the deal, Expedia will offer to acquire each outstanding share of HomeAway’s common stock […]

IBM Buys Austin-based Gravitant

IBM Tuesday announced that is has acquired Gravitant, a cloud-based software maker based in Austin. The financial terms of the deal were not disclosed. Gravitant provides cloud brokerage and management software for the hybrid cloud environment, delivered in a software as a service model. The company, founded in 2004, has raised a total of $40.3 […]

Techstars Cloud Selects 11 Companies to Participate in “Cloud 2016”

Techstars Cloud in San Antonio announced its latest class of 11 companies participating in its second program this year. “We have a group of amazing founders from all over the world,” Blake Yeager, managing director of Techstars Cloud wrote in a blog post. In addition to the U.S., startups from Spain, Taiwan and Ireland are […]

Competition to Award $50K in Grants to 3 Tech Startups in Bexar County

By LAURA LOREK Reporter with Silicon Hills News A new competition called Tech Fuel wants to fund a few good technology startups in Bexar County. Bexar County Judge Nelson Wolff on Tuesday announced the new technology startup competition during a press conference at Geekdom in downtown San Antonio. The county is working with Tech Bloc, […]

Building a Unique Maker Culture in the Nordics

By SUSAN LAHEY Reporter with Silicon Hills News OSLO, NORWAY – Amid the hovercraft and kits with giant colored straws building kits and drones and 3D printed Rubik’s cubes at the Oslo Innovation maker fair in October, one presenter didn’t really think of what his company—Teenage Engineering—does as making. Though Jesper Kouthoofd acknowledges that the […]

SEC Adopts New Equity-based Crowdfunding Rules

The U.S. Securities and Exchange Commission approved new crowdfunding rules last Friday allowing companies to raise money from anyone. The new rules allow companies to offer up to $1 million a year in securities through online equity-based crowdfunding portals. The difference is up until the change, only so-called accredited investors, high net worth individuals, could […]

Edgecase Gets $7.5 Million in Venture Capital

Edgecase, which provides data and analytics for e-commerce sites, announced this week it has received $7.5 million in venture capital. The Austin-based startup received the funds from lead investor Austin Ventures and other investors. The company plans to use the money for research and development and sales and marketing. To date, the company, founded in […]

Gest Makes a Device to Replace a Keyboard

Gest, an Austin-based startup, has launched a Kickstarter campaign to manufacture its wearable hand device that replaces a conventional keyboard. The company first launched in 2014 as AirType out of the Longhorn Startup program at the University of Texas at Austin. For the past two years, the team has worked to perfect its product. In […]

Artists and John Mayer Entertain the Crowd at DellWorld 2015

Bathed in a blue hue of light, DellWorld 2015 officially kicked off Tuesday night with a big party in the Austin Convention Center. At the event, Dell brought in a variety of artists to entertain the crowd including a sketch artist. She drew people’s portraits on a tablet computer and then printed them out. Another […]

Dell is Going Big but It’s Still Committed to its PC Business

By LAURA LOREK Reporter with Silicon Hills News At the Dell World press conference on Tuesday, the music gave a clue to what’s on Michael Dell’s mind these days. American Authors’ song “Go Big or Go Home” blared over the speakers as a few hundred people waited for Dell to take the stage. One of […]

Helping to Commercialize UT’s Big Ideas at The stARTup Studio

By LAURA LOREK Reporter with Silicon Hills News The University of Texas at Austin is like a Thomas Edison lab of invention with its professors cooking up the next great ideas. The 3-D printing industry started at UT with Carl Deckard, a graduate student in mechanical engineering and Professor Joseph Beaman. Also, Professor John Goodenough […]

London Company Wins Pitching Contest at Oslo Innovation Week 2015

By SUSAN LAHEY Reporter with Silicon Hills News OSLO, NORWAY: Despite a remarkable collection of Nordic startups, the surprising winner of the 100 Pitches competition at Oslo Innovation Week, which included two outliers from London and Austin, was the London company: Skin Analytics. The device attaches to a smart phone and when people upload photos […]

Austin’s VC Investment up 22 Percent to $198 Million in Third Quarter

By LAURA LOREK Reporter with Silicon Hills News While the rest of the country saw a slight decline in venture capital dollars invested in the third quarter, Austin is still going strong. “The message is we’re trending in the right direction,” said Larry Westall, partner with PricewaterhouseCoopers, based in Austin. “We’re up 22 percent in […]

Firefly Space Systems Lands $5.5 Million NASA Contract

NASA has selected Firefly Space Systems, based in Cedar Park, for a $5.5 million contract to demonstrate a CubeSat launch by March of 2018, according to a news release. Firefly, a private aerospace firm founded in 2014, plans to launch small to medium sized satellites to orbit. NASA awarded the contract as part of its […]

Atlas Wearables Celebrates as it Begins Shipping its Fitness Tracker

By LAURA LOREK Reporter with Silicon Hills News Atlas Wearables officially launched sales of its new $249 Atlas Wristband fitness tracker at a party Tuesday night. After two years in development, the Austin-based startup is now shipping the devices to its customers and taking orders on its website, said Peter Li, CEO and co-founder. The […]

Oslo and Austin: Creative Cities on the Edge of Innovation

By SUSAN LAHEY Reporter with Silicon Hills News OSLO, NORWAY – At SXSW 2015, Austin and Oslo announced a memorandum of understanding to forge a Creative Cities Alliance. At the time, Oslo had its own SX lounge and Norwegian company Kahoot!, which has most of its customers in Texas, announced that it would office in […]

Oslo Innovation Week Starts With Female Keynote Speakers

By SUSAN LAHEY Reporter with Silicon Hills News OSLO, NORWAY – Just as the event got underway, master of ceremonies Torgny Amdam—among whose credits are as a singer in a hardcore band—announced: “Let’s all stand for the Crown Prince Haakon!” The crowd of about 200 people stood, the prince came forward, and the rap song […]

ROIKOI Gets $1.7 Million in Funding and Launches Recruiting Platform

ROIKOI taps into the wisdom of employees to rate their online networks of friends and associates to help companies find the best employees. The Austin-based startup has helped its customers, HomeAway, Zenoss, Intouch Solutions and Squareroot recruit employees. The company, founded in 2013, has also raised $1.7 million from angel investors like Brett Hurt, Rob […]

Dell and EMC to Merge in a Deal Worth $67 Billion

In one of the largest tech deals ever, Dell announced Monday plans to acquire EMC Corp. for $67 billion. Dell is partnering with Silver Lake and MSD Partners to complete the deal. VMware, a cloud computing company in which EMC owns 80 percent, will remain as a publicly-traded company. Dell will remain a private company. […]

Austin is a Hub for Autonomous Car Research

By LAURA LOREK Reporter with Silicon Hills News Austin is one of the country’s leading centers for research and development of autonomous cars. Google is already operating self-driving cars on the city’s roadways. It’s just the second location for testing the vehicles outside of Google’s Mountain View headquarters. And the head of the project, Chris […]

The Conan O’Brien Show Takes a Poke at Michael Dell

In a parody movie trailer “Forget Steve Jobs, get ready for Michael Dell’ the Conan O’Brien show had a little fun taking a poke at Michael Dell last week. But Dell showed he had a sense humor. In a tweet on Friday, Dell posted a picture of himself with a sleek new Dell laptop and […]

Misery Loves Company: FuckUp Nights at Austin Startup Week

By SUSAN LAHEY Reporter with Silicon Hills News There was the story about a really fun, crazy marketing plan with no return on investment, the entrepreneur who thought she could let her bills and health slide while she built her business, the visionary pivoter who didn’t bother to do any market validation before buying $100,000 […]

U.K. Officials Seek to Attract Austin Gaming & Animation Companies

By LAURA LOREK Reporter with Silicon Hills News During Austin Startup Week, Austin Mayor Steve Adler declared Oct. 7th as “UK Day in Austin.” Officials with the United Kingdom, which is comprised of Great Britain and Northern Ireland, showcased some of the opportunities U.S. companies, and in particular Austin-based companies, have in expanding their operations […]

Kixer and its Austin-based Tech Team Acquired by LAKANA

Kixer, a mobile advertising platform with its technical team based in Austin, just got acquired by LAKANA. Kixer is based in Los Angeles, but Jake Moilanen, its co-founder and Chief Technology Officer, lives in Austin and so does the company’s technology team. LAKANA, based in St. Paul, Minn., did not release the terms of the […]

Mozido and TabbedOut Strike a Partnership

Mozido, a digital payments company, and TabbedOut, an app that lets people pay tabs at restaurants and bars, are partnering to improve the experience of consumers through a mobile application. Through the partnership, the companies will create a new mobile app that will allow their customers to discover new restaurant locations, join wait-lists, make reservations, […]

Dell is in Talks to Buy EMC According to Media Reports

Several media outlets including the Wall Street Journal, CNBC and the New York Times are quoting inside sources saying Dell is in talks to buy EMC, a data storage and software development company. In 2013, Dell went private in a $25 billion buyout deal which left its founder Michael Dell with a 75 percent ownership […]

HomeAway Buys Dwellable of Seattle

HomeAway, a vacation rental business, Wednesday announced its acquisition of Dwellable, an online vacation rental search engine and app based in Seattle. The terms of the deal were not disclosed. Dwellable, founded in 2012, had raised $2 million in one round from three investors, according to its CrunchBase profile. A time of six employees including […]

Tips on Raising Funds from Angel Investors at CTAN Workshop

By LAURA LOREK Reporter with Silicon Hills News Raising money is really, really hard, said Bob Baughman, co-founder of HUVRData. “I thought it was hard enough just to develop some great new idea and get the business case, but funding is really hard,” Baughman said. HUVRData closed in August on $2 million in a Series […]

TripChamp Wins Trip to Oslo

By SUSAN LAHEY Reporter with Silicon Hills News TripChamp, a company that saves organizations thousands on airfares through access to unpublished fares as well published ones, won a free trip to pitch at Oslo Innovation Week’s 100 Pitches competition October 16. TripChamp was one of six Austin companies to pitch before the panel of judges […]

CURB Lands $1.25 Million in Seed Stage Funding

CURB, an Austin-based energy startup, announced Tuesday that it has closed on $1.25 million in seed stage funding form angel groups, strategic partners and Capital Factory. The three year old company recently completed an Indiegogo campaign in which it raised nearly $118,000, more than 400 percent of its sales goal and sold hundreds of units […]

RetailMeNot Names Tarleton as its New Chief Marketing Officer

RetailMeNot Tuesday named Marissa Tarleton as its new chief marketing officer for North America. Tarleton will be in charge of “all consumer brand advertising, customer acquisition and retention, search engine marketing, public relations, internal communications, business-to-business marketing, and customer relationship management,” according to a news release. “I’m so excited that Marissa, a skilled marketer who […]

At SXSW Eco Discussing Transportation of the Future: the Hyperloop

Next year, Hyperloop Transportation Technologies, is breaking ground on a five mile test hyperloop outside of Los Angeles, said Dirk Ahlborn, CEO of Hyperloop Transportation Technologies. The company wants to test out the technology, proposed by Tesla and SpaceX Founder Elon Musk, to ultimately create a high-speed transportation system between Los Angeles and San Francisco. […]

Harvesting Water and Other Resources from Asteroids in Space

Scott Wilcox, the director of South by Southwest Eco introduced the conference’s kickoff keynote address by Chris Lewicki, the president and chief engineer of Planetary Resources, Monday morning. “I am really excited about our opening speaker,” Wilcox said. “He helms a company whose vision is to do the impossible now. To bring the natural resources […]

Eight Can’t Miss Events at SXSW Eco

South by Southwest Eco kicks off on Monday and runs through Wednesday with a packed schedule focused on cities, corporate social responsibility, startups, design, energy, water, policy and more. The event is only open to registered participants and takes place at the Austin Convention Center. The walk up rate is $495. Here’s a few of […]

13 Top Picks for Austin Startup Week

Are you ready for Austin Startup Week? Five days of fun events for the technology community to learn and celebrate its uniquely Austin culture. There’s definitely something for everyone. Here’s just a few of the top picks on our list for this week. (It’s a busy week in Austin tech since South by Southwest Eco […]

Get Set to Rock at the ATC Battle of the Bands at Austin Startup Week

Tech and music go together like smartphones and selfies. And fresh off the first weekend of the Austin City Limits festival comes one of the biggest tech band battle showdowns of the year. This year, six bands hailing from the offices of local tech companies will compete at the Austin Technology Council’s Battle of the […]

Mirna Therapeutics is Austin’s Newest Public Company

Mirna Therapeutics became Austin’s newest publicly traded company last week. The biopharmaceutical company, which is developing therapies for the treatment of liver cancer, filed an amended S-1 Registration document with the U.S. Securities Exchange Commission to offer 6.2 million shares at $7 a share to raise $44 million during its initial public offering last Thursday. […]

RunTitle Gets $8 Million to Make it Easier for Oil and Gas Companies to Drill Wells

RunTitle announced last week it has closed on $8 million in Series A financing led by the Founders Fund. The Austin-based startup also received funds from Deep Fork Capital, existing investor Austin Ventures and several individuals. RunTitle plans to use the funds on engineering, marketing and sales and to expand its dataset of mineral title […]

Aceable Closes on $4.7 Million in Funding

Aceable, a startup seeking to disrupt the driver’s education market, announced Thursday it has received $4.7 million in seed stage funding. The Austin-based company plans to use the money to hire employees and to enter new markets that require professional certificates. Silverton Partners led the funding with participation from Floodgate Ventures, NextGen Angels and Capital […]

Bellhops Seeks to Take the Pain Out of Moving

Taking the pain out of moving is a problem that Bellhops seeks to solve in the quickly evolving on-demand economy. The Chattanooga, Tenn.-based startup launched into the Austin market a few years ago and now has more than 65 contractors, University of Texas at Austin students, who work part-time to move people around Austin. Bellhops […]

San Antonio-based Aperion Biologics Files to Go Public

A San Antonio medical device company has filed papers with the Securities and Exchange Commission to raise $20 million under the federal government’s newly passed crowdfunding rules. Under the new SEC Regulation A + rules, Aperion Biologics could raise up to $50 million. It checked the box on its registration statement for a Tier 2 […]

Favor Launches in Washington, D.C.

In its continued expansion across the country, Austin-based Favor announced this week it has launched in Washington, D.C. Favor is now available in 14 cities nationwide and in Canada. For the launch, the company is offering its first time customers in D.C. free delivery using the promo code “District.” The company employs errand runners which […]

InforcePro Gets $4 Million in Funding

InforcePro, a life insurance technology platform, announced Tuesday that it has closed a $4 million venture capital round. To date, the Austin-based startup, with 25 employees, has raised more than $5 million. It launched its platform in 2014. Its software now monitors more than two million life insurance policies. Cameron Jacox and Karan Kanodia founded […]

Civitas Learning Lands $60 Million Investment

Civitas Learning announced Monday that Warburg Pincus is leading an investment of up to $60 million in the company. The Austin-based startup, founded in 2011, has created analytic software and services for universities. The goal is to help the universities better engage with students and lead to higher graduation rates. Civitas Learning plans to use […]

Techstars Austin is Accepting Applications for its Spring Program

Applications for Techstars Austin are open, said Amos Schwartzfarb, its new managing director. The Techstars program is accepting applications Sept. 18th through Nov. 18th. The next class kicks off Feb. 15th and runs three months. Schwartzfarb is looking for ten to 12 companies for this next cohort. They can come from anywhere in the world […]

infinite io Nets $3.4 Million in Funding

Austin-based infinite io announced it has completed $3.4 million in funding led by Chicago Ventures. “We are very excited to be building a world-class enterprise software company here in Austin, Texas, where there is a wealth of talent to support our growth plans,” Mark Cree, CEO of infinite io, said in a news release. “The […]

UTHSC at San Antonio’s New $35 Million Institute for Alzheimer and Neurodegenerative Disease

San Antonio has another institution that will shine a national spotlight on important research being done locally on Alzheimer and other neurological diseases. On Saturday, Dr. William Henrich, president of the University of Texas Health Science Center at San Antonio, will announce a new Institute for Alzheimer and Neurodegenerative Disease. He is expected to make […]

Data and Analytics are Transforming the Healthcare Industry

By LAURA LOREK Reporter with Silicon Hills News Increasingly, startups want to provide dashboards, analytics and data analysis to hospitals, doctors and patients. Filtering and crunching big data into smaller and more consumable pieces providing valuable insights for clients is a huge emerging industry in Austin and nationwide. That’s the big takeaway from the Austin […]

Austin Med-Tech Startups Pitch at the ATC Healthcare Summit

In Austin, an emerging area of startup activity is in the medical technology and healthcare area, said Mellie Price, founder and CEO of SoftMatch. In fact, one third of Capital Factory’s new startups are in the medical field. Price spoke Thursday at the Austin Technology Council’s Emerging Austin: Healthcare Tech summit at the AT&T Education […]

Favor Appoints New Chief Financial Officer

NeighborFavor, the parent company of Favor, Wednesday announced it has hired Steven Pho as its new Chief Financial Officer. Pho previously worked as senior vice president of corporate development at RetailMeNot. He was responsible for mergers and acquisition. At Favor, he will manage the company’s finance, legal, facilities and human resource teams. Pho is the […]

TextureMedia Gets Acquired by New York-based Ultra/Standard

TextureMedia, a hair care media company in Austin, got acquired Monday by Ultra/Standard, a multicultural hair care and beauty distribution company based in New York. Financial terms of the deal were not disclosed. TextureMedia, formerly known as NaturallyCurly.com, has raised about $2 million since its founding in 1998. It was one of the first investments […]

AT&T Launches its GigaPower High Speed Network in San Antonio

By LAURA LOREK Reporter with Silicon Hills News The battle to provide the highest speed broadband Internet connections in San Antonio has begun. And the winners of the battle will be local consumers and businesses. On Monday morning, AT&T announced U-Verse with AT&T GigaPower high speed Internet service will launch in San Antonio and surrounding […]

Capital Factory: Evolving at Hyperspeed

By SUSAN LAHEY Reporter with Silicon Hills News In early 2012, the Capital Factory office on the 16th floor of the Omni was a cavernous space housing only a few oversized bean bag chairs and a really cool conference room woven of branches. (That turned out to be infested with bugs and had to be […]

Get Set for the Fifth Annual Austin Startup Week

Austin Startup Week is a great time to socialize and network with people in the Austin startup community and to learn something new. This is the fifth annual five day event. It kicks off Monday, Oct. 5th and runs through Friday, Oct. 9th. It started in 2011, the same week Silicon Hills News launched and […]

SXSW 2015 Had an Economic Impact on Austin of $317 Million

Reports on the death of South by Southwest have been greatly exaggerated to paraphrase Mark Twain. In fact, SXSW has never been doing better. In 2015, the music, interactive and film festival and its SXSWEdu and SXSWEco events had an economic impact on Austin of $317.2 million, according to a new report by Greyhill Advisors. […]

Austin Companies Compete For Free Trip to Oslo Innovation Week