How to Improve Your Website in 2019

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

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

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

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

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

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

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

Lyft Launches Electric Scooters and Bikes in Austin

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

Aceable Lands $47 Million in Funding

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

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

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

JuiceBox Hero Helps Parents Find the Right Childcare Services

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

Hypergiant Sensory Sciences Launches

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

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

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

Capital One Buys Austin-based Wikibuy

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

Kronologic Converts Sales Leads Into Meetings Using Artificial Intelligence

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

Microsoft Buys Austin-based XOXCO

Microsoft buys Austin-based XOXCO, a software product design and development studio known for its conversational artificial intelligence and bot development. The financial terms of the deal were not disclosed. Ben Brown and Katie Spence started XOXCO in 2008. The company raised $1.5 million in 2015 from “Bloomberg Beta, True Ventures, a small angel group called […]

Austin Loses its bid for Amazon’s HQ2

Austin lost its bid for Amazon’s HQ2 project. The Seattle-based company announced this week it has selected New York City and Arlington, Virginia, as the locations for its new headquarters. Amazon plans to invest $5 billion and create more than 50,000 jobs in the new locations. “The fundamentals that made Austin a top 20 finalist […]

Actress Reese Witherspoon Encourages Women to be Ambitious

Early on as an actress in Hollywood, when Reese Witherspoon attended meetings to discuss her movie characters and mentioned a character flaw she would like to accentuate, the male producers would almost always say yes, but that would make her unlikable. In those meetings, Witherspoon said she felt like she was always reminded she had […]

VC Joe Lonsdale Tells UT Austin Students Not to Start a Company

Don’t start a company, Joe Lonsdale, co-founder of Palantir Technologies and 8VC, told a couple hundred University of Texas at Austin students. “I think in general it is very rare students end up founding very big companies, there are some exceptions,” Lonsdale said in a response to a question about how to support student founders. […]

Texas Health Catalyst at UT Austin Showcases Early-Stage Projects at its Demo Day

The Texas Health Catalyst held its Demo Day Tuesday afternoon with 13 early-stage ventures showcasing their new projects. “These are really, really early innovations,” said Nishi Viswanathan, director, Texas Health Catalyst at Dell Medical School at the University of Texas at Austin. They are still figuring out if they clinically viable projects, she said. The […]

Austin’s Booming Tech Scene is Going Global, so Should its Creative Agencies

By DAVE MANZER Swyft Communications Sponsored Post The only industry booming in Austin more than commercial real estate — nearly 10 buildings over 40 stories are either approved or in the planning phase for downtown — is the tech industry. According to Crunchbase, Austin startups raised $368 million across 39 deals in the first quarter […]

The Zebra’s Founder Adam Lyons Plans to Launch his Next Venture in Austin

Adam Lyons, the founder of The Zebra, an auto insurance marketplace, grew up in Pittsburgh and his father still lives three blocks from the Tree of Life Synagogue. Hugh Forrest, Chief of Programming at South by Southwest, interviewed Lyons Tuesday evening at WeWork Barton Springs at a PowerUp Austin event put on by the Greater […]

Billionaire Steve Ballmer Says Software is key to Solving Social Problems

Social Solutions has created technology tools that ultimately can provide for better outcomes for disadvantaged kids, said Steve Ballmer, philanthropist and the former CEO of Microsoft, and owner of the Los Angeles Clippers. “Every kid deserves a chance at the American dream,” Ballmer said. That is not a simple solution, he told a few hundred […]

Five Austin Startups Pitch at Sputnik ATX’s Demo Day

Sputnik ATX, an Austin-based accelerator, held its second Demo Day last week featuring presentations from the five startups in its latest cohort. The invite-only event for accredited investors was held at Sputnik ATX’s offices in downtown Austin. The companies gave 15-minute presentations followed by questions and answers. “They are all awesome,” said Oksana Malysheva, co-founder […]

CognitiveScale CTO Matt Sanchez Talks About AI on the Ideas to Invoices Podcast

Five years ago, Matt Sanchez founded CognitiveScale, a fast-growing artificial intelligence startup in Austin. Today, he serves as Chief Technology Officer of CognitiveScale, which has raised $50 million to date and has 150 employees with 90 in Austin. It also has offices in New York, London, and Hyderabad, India. This week, CognitiveScale held its Cognite2018 […]

Third Annual San Antonio Startup Week Underway

. The third annual San Antonio Startup Week is taking place this week at various venues downtown. Events run Monday through Friday. The sponsors include 80/20 Foundation, Geekdom, USAA and Trinity University. A full schedule of events can be found on the San Antonio Startup Week website San Antonio Startup Week features presentations, panels, workshops, […]

Czech Republic Company to Establish U.S. Headquarters in San Antonio with 1,400 jobs

OKIN Business Process Services announced Monday plans to establish a U.S. headquarters in San Antonio with more than 1,400 jobs. “After a two-year site selection journey, we are delighted to announce that our U.S. headquarters will be located in San Antonio, Texas.,” Dan Smith, President, and CEO, OKIN BPS, said in a news release. The […]

Cristal Glangchai, Author of Venture Girls, Says an Entrepreneurial Mindset is key to Success

Cristal Glangchai, Ph.D., was the founding director of the Blackstone LaunchPad and the director of the Texas Entrepreneurship Exchange at the University of Texas in Austin. She’s also the founder and CEO of VentureLab, a non-profit that runs experiential learning programs in youth tech entrepreneurship. And she is the author of the bestselling book: Venture […]

Data and Technology Play a Key Role in Winning the Formula 1 Grand Prix Race

This is a sponsored post. The Formula 1 Pirelli 2018 United States Grand Prix starts Friday in Austin and thousands of people are in town to watch the racing. Among them, Acronis, a data protection and storage company, hosted an event Thursday night at Trulucks Restaurant in downtown Austin featuring a talk by the Williams […]

Six Startups Join Oracle’s Global Startup Ecosystem Hub in Austin

Oracle this week announced six startups will join its inaugural class as part of the Oracle Global Startup Ecosystem hub in Austin. The startups include, Eventador, Pilosa, ROIKOI, Senseye and Transmute. “The six startups entering our inaugural Austin program are ready to scale innovative enterprise technologies, and we are looking forward to being a […]

Health Insurance Startup Sana Benefits Moves Headquarters to Austin

Health insurance is broken from administration to customer experience and Sana Benefits wants to fix it. “Health insurance is awful,” said Will Young, co-founder of Sana Benefits. “It’s expensive. It’s opaque. It’s backward. We’re making something that is easy to use, saves money and still is really good insurance.” The healthcare insurance company recently moved […]

Rollick Lands $8.3 Million in Venture Capital Funding

Rollick announced Thursday that is has closed on $8.3 million in venture capital funding. The Austin-based company, which has created an online platform for dealers and retailers to sell powersports, RV, marine and industrial equipment, has raised $14 million to date. Austin-based LiveOak Venture Partners led the Series A round with participation from new investors […]

OJO Labs Acquires WolfNet and Plans to Grow Big in Austin

OJO Labs, an artificial intelligence and machine learning startup, has turned down multiple acquisition offers because it’s building a big company in Austin, said John Berkowitz, its co-founder. “We believe that we have the beginning of one of the largest companies ever to come out of Austin,” Berkowitz said. “We’re not selling early. We’re building […]

Six of the Biggest Mistakes Speakers Make Doing Presentations

Here are some of the biggest mistakes people make when creating and giving presentations, according to Luke Goetting, founder of Puffingston Presentations, in Austin. “It comes down to respect for your audience,” Goetting said. “Would you want to sit through this presentation that you’re about to give?” Failure to Strategize the Big Picture – Presenters […]

Puffingston Presentations Helps Companies Engage and Inspire Audiences

By LAURA LOREK Publisher of Silicon Hills News After graduating from college, Luke Goetting worked in sales for RSI Video Technologies in Chicago, selling a wireless alarm system throughout the Midwest. “When I got into the real world, I thought all the presentations I would see would be very high quality,” Goetting said. Yet most […]

UT Austin Chemistry Assistant Professor Receives MacArthur Fellowship

The John D. and Catherine T. MacArthur Foundation has named Livia Eberlin, 32, assistant professor in the Department of Chemistry at the University of Texas at Austin, as one of its fellows for 2018. In all, the foundation awarded 25 fellowships, known as MacArthur Genius awards, and Eberlin was the only recipient in Texas. “Working […]

Universities Play a Key Role in Austin’s Entrepreneurial Ecosystem

Austin’s universities play a critical role in the city’s entrepreneurial ecosystem. At the first university tract during Austin Startup Week, Ashley Jennings, program manager in the Herb Kelleher Center for Entrepreneurship at the University of Texas at Austin, led a panel discussion on the importance of entrepreneurship on campus with experts from local universities. The […]

Stoplight Lands $3.25 Million to Help Companies Build Better Software Programs

In 2014, Marc MacLeod worked as an independent software consultant in Los Angeles building Application Programming Interfaces, known as APIs, for companies. MacLeod noticed that many of the APIs, which are systems of tools and resources in an operating system that enable developers to create software applications, lacked documentation and were poorly built. So, MacLeod […]

U.S. Army Futures Command Center Seeks to Collaborate with Austin Startups

The U.S. Army is creating augmented reality sunglasses with night vision, GPS and computer capabilities for soldiers, said Gen. John M. Murray, head of the U.S. Army Futures Command Center, based in Austin. It’s on the path in the next couple of years to put the capability of night vision goggles into a pair of […]

Bumble Aims to End Misogyny

Bumble’s mission is to end misogyny, said Sarah Jones Simmer, the chief operating officer of Bumble. “We’re doing that through a platform of connections but also building a brand, not just a tech company, but a brand that stands for empowerment, accountability, kindness, equality,” Jones Simmer said. She spoke at the Austin Startup Week Women […]

The Mentor Method and Rectify Win Capital Factory’s $100,000 Awards at the Women in Tech Summit

By Laura Lorek Publisher of Silicon Hills News Austin Startup Week kicked off Monday with the second annual day-long Women in Tech Summit at Capital Factory in downtown Austin. The event culminated in the afternoon with a pitch competition featuring six female-led tech startups from all over Texas. Capital Factory received more than 150 applications […]

The Biggest, Baddest Austin Startup Week Ever

It’s hard to believe it’s the eighth annual Austin Startup Week. Why? Because it’s our eighth time covering the event and last month marked the seventh anniversary of Silicon Hills News. Austin Startup Week was one of the first events Silicon Hills News covered when the site launched in September of 2011. Austin was a […]

LivePerson Acquires Conversable

LivePerson has acquired Conversable, an intelligent conversation platform for businesses, based in Austin and Dallas. The financial terms of the deal were not disclosed. Conversable’s AI and automation development teams will join LivePerson, which has created the LiveEngage platform to interact with customers via text and other messaging services. “Conversational commerce is about using AI […]

Biometric ID Company CLEAR Opens a new Office near the Domain

New York-based CLEAR, a biometric identity company, is opening an office Monday with 30 new employees near The Domain in North Austin. Opportunity Austin, the Greater Austin Chamber’s five-county economic development initiative, announced CLEAR’s new hub office. CLEAR jas created a biometric scanning system using iris or fingerprint scans to identify people at airports and […]

Cimpress, a Dutch Company, Buys BuildASign for $280 Million

BuildASign sold Tuesday to the parent company of Vistaprint. Cimpress, based in the Netherlands, bought BuildASign for $280 million. “We are excited to welcome BuildASign to Cimpress. They bring strong talent, a customer-centric culture, low-cost production operations and strong e-commerce capabilities that work seamlessly together to serve customers with market-leading prices, fast delivery and great […]

MONKEYMedia’s Eric Bear Discusses BodyNav Tech to Eliminate VR Motion Sickness on Ideas to Invoices

MONKEYMedia is focused on eliminating motion sickness for people using virtual reality applications. Today, the company released a developer toolkit for its patented BodyNav technology that allows people to try out the BodyNav technology on existing games and applications available for HTC Vive and Oculus Rift. Eric Bear, founder, and CEO of Austin’s MONKEYMedia, an […]

Graham Weston Donates $15 Million for a UTSA School of Data Science and National Security Collaboration Center

Graham Weston, one of the co-founders of Rackspace and Geekdom, has donated $15 million to the University of Texas at San Antonio to establish a School of Data Science and a National Security Collaboration Center downtown. The school is part of UTSA’s 10-year plan to develop its downtown San Antonio campus “as a destination for […]

Favor has Grown Tremendously Since its Acquisition by H-E-B

By Laura Lorek Publisher of Silicon Hills News Favor, the on-demand delivery startup based in Austin, reached profitability last September. “We became the first on-demand delivery business in the United States, actually, globally, to become profitable and soon after that cash flow positive,” said Jag Bath, Favor’s CEO and H-E-B Chief Digital Officer. “We didn’t […]

Doreen Lorenzo on the Importance of Design Thinking for Problem Solving

Design thinking is a methodology designers have always used to solve problems, said Doreen Lorenzo, founder of the Center for Integrated Design. It started in the early 1960s around industrial design and made a comeback in the early 2000s to address a wide range of issues, Lorenzo said, who is also the Assistant Dean of […]

Startup Advice from the Founders of Geekdom in San Antonio

By LAURA LOREK Publisher of Silicon Hills News The founders of Geekdom borrowed the “Serendipitous Collision of Ideas” phrase from Tony Hsieh, founder, and CEO of Zappos, and a catalyst in the Las Vegas technology community, said Lorenzo Gomez, chairman of Geekdom. Geekdom, founded in 2011, is the catalyst for San Antonio’s technology community downtown. […]

Alamo Angels Appoints Cat Dizon as its New Executive Director

Alamo Angels announced this week that Cat Dizon is its new executive director. The San Antonio-based group of angel investors, which launched in December of 2017, is now comprised of more than 105 members who have invested more than $2 million in 12 businesses. Dizon is Alamo Angels second executive director. She replaced Chris Burney […]

September Tech Events to Attend in San Antonio

Welcome to the fall. Are you ready to attend some great tech events? Silicon Hills News is working with Igloo Software, one of Canada’s most innovative companies, to give away 50 free tickets to its digital workplace conference at the JW Marriott San Antonio Hill Country Resort and Spa next week. Register by Sept 9th […]

September Tech Events to Attend in Austin

Austin’s colleges are back in session. Everyone is settling in and getting projects accomplished post-summer vacation and the city’s tech events are providing lots of opportunities for people to network, learn something new and have a good time. Silicon Hills News is hosting two events this month: Healthcare Insurance for Startups and Entrepreneurs on Sept. […]

H-E-B is Creating a Digital Innovation Center in East Austin

San Antonio-based H-E-B is increasing its presence in Austin. The grocery company announced Wednesday that it has leased a two-story, 81,000 square foot building at 2416 East Sixth Street in East Austin for its tech facility and innovation lab for the H-E-B digital team and Favor, the on-demand delivery startup H-E-B acquired earlier this year. […]

San Antonio-based Assembla Buys MyGet

Assembla, a software development platform based in San Antonio, has announced plans to acquire MyGet, a software management company, based in Belgium. The financial terms of the deal were not disclosed. Assembla, founded in 2005 and acquired by Scaleworks in 2016, is a software as a service company that sells a platform that allows coders […]

Spredfast and Lithium Technologies to Merge

Austin-based Spredfast announced that it is merging with San Francisco-based Lithium Technologies. The financial terms of the deal were not disclosed. After the merger, the company will be based in San Francisco with Austin as its largest office. Pete Hess of Lithium will serve as CEO. Rod Favaron, Spreadfast’s CEO, “will work closely with the […]

Quake Capital Launches its First Accelerator Program in Austin with 15 companies

Quake Capital this week officially launched its first Austin accelerator aimed at early stage ventures in a wide range of industries. Quake Capital also has programs in New York and Los Angeles. Fifteen companies are participating in the 12-week program. Each company receives an investment of $150,000. The companies include (Descriptions provided by Quake Capital): […]

New Knowledge of Austin Raises $11 Million to Battle Disinformation Campaigns Online

New Knowledge, based in Austin, announced this week it has $11 million in additional funding, to create tools to fight misinformation online. The cybersecurity company focuses on protecting companies from “from covert, coordinated disinformation campaigns,” according to a news release. It raised $11 million in Series A funding led by GVC Capital with participation from […]

Austin-based Infinite Io Raises $10.3 Million in Funding

Infinite io, an Austin-based data story startup, announced this week it has raised $10.3 million in funding. Former Motorola CEO and Cleversafe Chairman Chris Galvin and his son, David Galvin of Three Fish Capital, led the investment. It also included participation from Chicago Ventures, John Anderson, Dougherty and Company, Equus Holdings and PV Ventures. The […]

Disco Moves its Headquarters to Austin and Plans to Hire 150 Employees

Disco announced this week plans to move its corporate headquarters to Austin from Houston. The company, which makes software for the legal industry, cited Austin’s talent pool, the city’s top universities and the overall technology community as reasons to relocate. Its new headquarters are located at 3700 North Capital of Texas Highway. ‍ Disco currently […]

News Corp. Buys Austin-based Opcity for $210 Million

News Corp., one of the world’s largest media companies, announced Wednesday that its subsidiary, Move, Inc. has entered into an agreement to buy Austin-based Opcity for $210 million. New York-based News Corp. reported Opcity will broaden its offerings under its brand and give consumers more choice when it comes to buying a home, according […]

NSF Awards $60 million to UT to Build Nation’s Fastest Academic Supercomputer

The National Science Foundation has awarded $60 million to the Texas Advanced Computing Center at the University of Texas at Austin to create one of the country’s fastest supercomputers. “Computation is critical to our nation’s progress in science and engineering,” according to the NSF grant. “Whether through simulation of phenomena where experiments are costly or […]

U.S. Army Futures Command Center Opens in Austin

U.S. Army Futures Command Center, based at the University of Texas at Austin, is officially open. In a ceremony last Friday, the U.S. Secretary of the Army Mark T. Esper activated the center which will serve as the hub of innovation for the military. The center plans to work with academia, industry, and entrepreneurs to […]

Nine Techstars Impact Startups Pitch at Demo Day in Austin

By Laura Lorek Publisher of Silicon Hills News While studying drug cartels in Mexico City, Cory Siskind noticed the city lacked transparency on reporting high crime areas. That’s when she came up with the idea for Base Operations, which has been called “the Waze for Crime.” Waze is a traffic app that advises drivers on […]

RetailMeNot Appoints Chief Technology Officer and Diversity Director

RetailMeNot has appointed Vivek Sagi as its chief technology officer and Sharon Brogdon as its new director of diversity and inclusion. Sagi previously worked as the head of product and engineering for Amazon Business Procurement Solutions and as chief technology officer for, an Amazon company. Before Amazon, Sagi worked at Vungle, a Google Ventures-backed […]

Y Combinator Informs 15,000+ Startups: You’re in, You’re Out, You’re All Accepted to Startup School

By Laura Lorek Publisher of Silicon Hills News Building a startup is like riding a roller coaster of emotions for most founders. Monday it was a particularly difficult ride for more than 15,000 founders because of a technical glitch by Y Combinator. The Mountain View, Calif.-based accelerator created a free online Startup School to pair […]

MassChallenge Texas Awards $510,000 and Prizes to 10 Startups

By Laura Lorek Publisher of Silicon Hills News The MassChallenge Texas accelerator transformed re:3d’s business. “We’ve grown by more than 30 percent since we’ve been in the program,” said Samantha Snabes, the startup’s co-founder. re:3d took home the $10,000 USAA Vetrepreneur Award in the MassChallenge Texas finalist awards ceremony held Wednesday evening at the Hyatt […]

UT Austin’s Blockchain Initiative Director Cesare Fracassi on the Ideas to Invoices Podcast

Blockchain technology has the potential to transform businesses and entire industries. And the McCombs School of Business at the University of Texas at Austin is at the forefront of this emerging technology with its newly launched Blockchain Initiative. UT Austin is participating in a new program focused on blockchain technology, cryptocurrency, and digital payments. Ripple, […]

CognitiveScale Partners with Dell to Deliver Tailored Customer Service Using AI

The fourth industrial revolution is one in which machines and humans work together to solve problems and accomplish tasks. And it’s already here. One of the leaders in the space is CognitiveScale, a five-year-old Austin-based startup, that announced Tuesday it is partnering with Dell to create a new way to interact with customers using its […]

Uber, UT and the U.S. Army Research Labs Team Up to Create Flying Cars

The promise of flying cars may become a reality a soon. The University of Texas at Austin’s Cockrell School of Engineering has teamed up with the U.S. Army Research Labs and Uber Elevate to develop the technology behind Uber’s new rideshare venture: UberAIR. By 2020, Uber plans to demonstrate the first flying rideshare vehicles in […]

IBM Opens X-Force Red Lab in Austin

IBM has always been at the forefront of cybersecurity since the earliest days of the Internet. At the South Florida Sun-Sentinel, I interviewed Nick Simicich, an ethical hacker on the IBM staff, whose day job consisted of breaking into company computer systems to expose the vulnerabilities. That was in 1999. Since then, cybersecurity has grown […]

Smarter Sorting Lands $9.3 Million in Funding to Disrupt the Chemical Disposal Business

A week after he moved to Austin, Chris Ripley waited in line at Walmart and noticed a woman covered in paint standing in front of him. He struck up a conversation with her and discovered she worked at the City of Austin‘s Resource Recovery Center and was learning to recycle paint. Together, they went to […]

Favor Cofounders Zac Maurais and Ben Doherty Launch Sunroom for Renters

Zac Maurais and Ben Doherty’s first startup, Favor, had a pretty good outcome. Favor, which launched in Austin in 2013, to deliver food to people’s homes, sold to H-E-B earlier this year. Instead of taking time off, Maurais and Doherty are back at the startup grind, launching Sunroom, a company that helps people rent apartments […]

Galvanize Acquires Hack Reactor and Plans to Offer More Programs in Austin

Galvanize recently announced plans to buy San Francisco-based Hack Reactor, which will make it one of the largest coding programs in the country. “From the beginning, we saw a clear compatibility through a shared passion for innovative, high-quality instruction combined with measurable outcomes and we are thrilled to welcome the Hack Reactor team to the […]

Austin’s DroneSense: Helping to Integrate Drones Into Public Safety Missions

This is a Sponsored Post Austin is home to several interesting and innovative drone technology companies, but when most people think of drones they typically think of a toy or a piece of military equipment. Software companies in the drone space are now taking off, helping businesses across a wide array of sectors. One of […]

Five Years After it Went Private, Dell Technologies is Going Public

Five years ago, Austin’s top technology company, Dell went private in a deal valued at $24.4 billion. And Monday, that same company, now known as Dell Technologies, announced that it is going public and its stock will be listed on the New York Stock Exchange. Dell Technologies plans to exchange each share of Dell Technologies […]

Amazon Launches Warriors@Amazon Group in Austin

Amazon’s Austin Tech Hub on Monday launched Warriors@Amazon. The group is comprised of Amazon employees who have served in the military and those still serving in the Guard and Reserve and all Amazon employees who support them. In 2016, Amazon pledged to hire 25,000 veterans and military spouses by 2021 and since then the company […]

Austin-based Mood Media Buys focus4media

Austin-based Mood Media, the parent company of Muzak, announced Monday afternoon that it has acquired focus4media, one of the largest Mood independent affiliates in North America. The financial terms of the deal were not disclosed. Focus4media provides sight, sound, scent and system solutions to businesses in the mid-Atlantic region, including Alabama, Florida, Virginia and more […]

U.S. Air Force Sec. Wilson Launches AFWERX Innovation Lab at Capital Factory

By LAURA LOREK Publisher of Silicon Hills News The U.S Air Force Secretary Heather Wilson officially launched AFWERX, an innovation lab, at Capital Factory on Wednesday. AFWERX is like the skunkworks of the Air Force. It allows military personnel to collaborate with industry, educators, entrepreneurs and others on new ideas and products without dealing with […]

Nine Ventures Pitch at Impact Hub’s Inaugural Workforce Development Accelerator Demo Day

Nine ventures pitched solutions to provide better jobs for Austin’s low-income workers at Impact Hub’s inaugural Workforce Development Accelerator Demo Day Monday night. The 11-week accelerator, sponsored by Capital City Innovation, Workforce Solutions and Impact Hub, worked with nine ventures. Other sponsors included Google, JPMorgan Chase & Co., BuildFax, and Digi.City. “We are creating this […]

Newchip Raises $2 Million in Seed Stage Funding and Launches a $1 Million Crowdfunding Campaign

Newchip, the online platform that aggregates crowdfunding deals, announced recently that it has closed on $2 million in seed funding. Austin-based Newchip also launched an equity-based crowdfunding campaign on Wefunder. It has already raised $102,000 of its $1 million goal from 84 investors. Wefunder is an equity-based crowdfunding platform that lets people invest as little […]

5 Tech Events to Attend in San Antonio This Week

It’s summertime and the living is easy, despite temperatures almost hitting triple digits all week long. And the tech scene in San Antonio is also heating up. Lorenzo Gomez announced Monday morning the launch of a new venture, Geekdom Media and its first podcast, Brand Brothers. Check it out on iTunes. Also, there’s some cross-pollination […]

Ten Tech Events to Attend in Austin This Week

Today marks the start of the SXSW 2019 PanelPicker Speaking Applications process. Submit your ideas for a chance to present at Austin’s top tech conference. Despite it being summertime, it doesn’t look like the Austin tech community is taking a vacation. There are lots of Austin tech events to attend this week including one put […]

Dura Holdings in San Antonio Buys Utah-Based Moki Mobility

Dura Holdings, a new software company in San Antonio, recently announced the acquisition of Utah-based Moki Mobility, a software company. Moki Mobility, founded in 2011, is moving its operations from Lehi, Utah to San Antonio. The company will initially have three employees and it is hiring for additional positions. The financial terms of the deal […]

Oracle Startup Cloud Accelerator to be Based at Capital Factory

In February, Oracle announced it planned to launch its Oracle Startup Cloud Accelerator program in Austin. On Friday, J.D. Weinstein, the new head of the Oracle Startup Ecosystem in Austin, provided details on the program including that it will be based at Capital Factory downtown. “Usually, you don’t hear Oracle and Startup in the same […]

Underminer Studios is Hosting ATXRHACK, an Immersive Technology Hackathon in Austin

Underminer Studios, an Austin-based startup focused on Virtual Reality, Augmented Reality and Mixed Reality applications, is hosting ATXRHACK, an immersive technology hackathon at WalMart’s Technology center downtown. The hackathon focuses on creating innovative solutions for real industry problems. It is sponsored by Underminer Studios, Intel, Walmart, Galvanize, occipital, Cuvee Coffee and Capital Factory. The sponsors […]

Nine Early Stage Startups Pitch at DivInc’s Fourth Demo Day

In two years, DivInc, an Austin-based accelerator focused on mentoring and coaching ethnically diverse and women-led tech startups, has had four cohorts with 36 companies. Those early-stage companies have raised $2.5 million and generated more than $1 million in revenue, said Preston James, DivInc co-founder. “In the next three to five years, you are going […]

The New $35 Million Trust Ventures Fund is Looking to Invest in Disruptive Startups with Billion Dollar Big Ideas

Trust Ventures, an Austin-based venture capital firm has raised an initial $35 million fund, backed by Koch Disruptive Technologies, a subsidiary of Koch Industries, to invest in and support innovative startups facing public policy barriers. Salen Churi and Brian Tochman lead Trust Ventures. Previously, Churi worked as a law professor and founded the Innovation Clinic […]

London-based Finastra Acquires Austin-based Malauzai

London-based Finastra announced this week its acquisition of Austin-based Malauzai, a provider of mobile and Internet banking solutions. The financial terms of the deal were not disclosed. “Credit unions and community banks are the fabric of American financial services. We strive to help them realize the benefits of digital transformation – including being able to […]

Strangeworks Raises $4 Million in Funding

Strangeworks, an Austin-based quantum computing software company, closed a $4 million seed round recently. William Hurley, known as Whurley, the company’s founder and CEO previously announced the company had raised $4 million when the company made its public debut at South by Southwest Interactive in Austin. Just recently, Strangeworks sent out a press release with […]

Eventador Lands $3.8 Million in Funding

Eventador announced recently the company has closed on $3.8 million in seed stage funding. The Austin-based startup announced that the investment came from lead investor LiveOak Venture Partners with participation by Deep Space Ventures, RSH Ventures, Capital Factory and existing investor Keshif Ventures. The company plans to use the money to expand its U.S. and […]

Genstar Capital Acquires DrillingInfo

DrillingInfo, the Austin-based startup digitizing the oil and gas industry, has been acquired by Genstar Capital, a private equity firm based in San Francisco. To date, DrillingInfo has raised $199.7 million in funding, with the bulk coming from private equity investor Insight Venture Partners. Upon close of the deal, Genstar will become the new majority […]

Convey Lands $10 Million in Additional Funding

Convey, a member of the Techstars Austin class of 2014, announced Tuesday that it has raised $10 million in funding. The Austin-based startup received the investment from Silverton Partners, Techstars Venture Capital Fund, RPM Ventures, NextGen and others. To date, Convey has raised $25.75 million. The company plans to use the money to hire key […]

Morgan Flager, General Partner with Silverton Partners, on How the Firm Picks Investments

Morgan Flager, a general partner of Silverton Partners, one of Austin’s oldest home-grown VC firms, is an active investor in early-stage technology startups in Austin. Flager currently serves on the boards of Aceable, Alert Media, Convey, Outbound Engine, Trendkite, The Zebra, Turnkey Vacation Rentals, SourceDay, and Rollick. Before joining Silverton, Flager worked with FTV Capital […]

Google Fiber and Carver Museum to Host a Community Juneteenth Celebration on Saturday

A city-wide celebration will be held Saturday at the George Washington Carver Museum, Cultural, and Genealogy Center on Saturday in honor of Juneteenth. Google Fiber is hosting the event with the museum to celebrate Juneteenth, also known as Freedom Day. It is a holiday that commemorates the announcement of the abolition of slavery in Texas […]

Lorenzo Gomez, Author of the Cilantro Diaries, Talks About Tech in San Antonio on the Ideas to Invoices Podcast

The Cilantro Diaries is a delightful book about how Lorenzo Gomez III made his way first through H-E-B Grocery Store No. 5 in San Antonio and then on to Rackspace and Geekdom. It’s a fun read and packed with good advice, particularly for people just starting out in their careers. Gomez, the author of the […]

UK-Based THG is Considering San Antonio for its U.S. Divisional Headquarters with 165 Jobs

A technology company from the United Kingdom is considering San Antonio for its U.S. divisional headquarters with 165 high-paying jobs. The Hut Group, based in Manchester, United Kingdom, first considered San Antonio for a new U.S. based sales center but has since decided to put an even bigger office in San Antonio, pending the approval […]

BuildGroup Raises $330 Million Fund Aimed at Investing in Software Companies

BuildGroup, a Venture Capital firm founded in 2015, announced on Tuesday that it has raised $330 million aimed at investing in emerging software companies. The Austin-based firm’s investors include “successful entrepreneurs and business leaders from Texas and the Rocky Mountains, with the founders contributing a significant portion of the overall funds,” according to a news […]

Techstars Impact Announces its Inaugural Class of 10 Startups

Techstars announced Wednesday ten startups that make up its inaugural class for the 2018 Impact program in Austin. “Nine months ago we set out to find ten world-class teams who like us, believe that our deepest problem sets represent our biggest opportunities, and that entrepreneurs should sit at the center of our strategy to build […]

Commentary: It’s time to Kick 5G innovation Into High Gear and We’re Doing it in Austin

By Derek Urbaniak Head of Ericsson’s Austin Design Center Special Contribution to Silicon Hills News Decades ago, wireless deployment served only a narrow purpose for a narrow constituency. Today, it provides nearly limitless ways to make life easier for all people through the power of mobility. As we enter the next generation of wireless technology […]

Crypto-finance Startup, Unchained Capital, Receives Nearly $3 Million in Funding

Austin-based Unchained Capital, a crypto-finance startup, announced Thursday that it has closed on $2.99 million in a seed stage round of funding. The company reports the funding will go to hiring new employees and working on its financial services and wealth management offerings. Unchained Capital’s investors include Michael Komaransky, formerly of Cumberland Mining; Brian Spaly, […]

Austin-based SeriesX Raises $2 Million in Funding for its Platform Built on the Ethereum Blockchain

SeriesX, a startup based at Capital Factory, announced Wednesday that it has closed on two rounds of funding, totalling $2 million. The Austin-based company plans to use the money to further develop its customer relationship management platform, Vertalo, which is built using Ethereum blockchain technology. It also plans to add to its technical team. The […]

ALTR, a Cybersecurity Platform Built on Blockchain Technology, Launches in Austin with $15 Million in Funding

ALTR, an Austin-based cybersecurity platform built with blockchain technology, officially launched in Austin on Wednesday. The company, which has been in stealth mode for four years, released its first commercial software package to provide secure data access and storage on its ALTR platform. ALTR has raised $15 million in funding from institutional and private investors […]

HeatGenie Has Raised $5.9 Million of a $6.7 Million Round of Funding

HeatGenie, an Austin-based startup with an innovative way to heat up beverage cans, has raised $5.9 million of a $6.7 million round of funding, according to a filing with the Securities and Exchange Commission. The company, founded in 2007, has previously raised $3.6 million, according to CrunchBase. ARTIS Labs led the latest round of funding […]

New VC Firm Trust Ventures Raises $35 Million Fund to Focus on Disruptive Startups

Austin entrepreneurs often complain about the lack of venture capital, especially for first-time entrepreneurs and early-stage startups. The pain is real. Austin does not have as many venture capital firms and venture capital funds as California. But slowly that is starting to change. During the past decade, several new funds have sprung up including LiveOak […]

Pingboard Raises $4.3 Million in Additional Funding

Pingboard, an Austin-based startup spun out of Capital Factory, has raised $4.3 million of a $5 million round, according to a filing with the Securities and Exchange Commission. The company, founded in 2013, makes organizational chart software for companies. It now has more than 1,000 customers, including “GoFundMe, Popsugar, Udemy, Sequoia Capital, WPEngine, and the […]

3 Day Startup Names Alexis Taylor as its New CEO

After eight years at the helm of 3 Day Startup, Cam Houser has moved into the founder and chief innovation role and Alexis Taylor will take over as Chief Executive Officer. “I saw Alexis as our future CEO two years ago,” Houser said in a news statement. “She is one of the most impactful individuals […]

Jean Belanger with Cerebri Ai Talks About Artificial Intelligence, Data and Machine Learning on Ideas to Invoices

Jean Belanger is co-founder and CEO of Cerebri Ai which helps Fortune 500 companies find their customers’ voice. A serial entrepreneur, Belanger has helped launch three software companies starting with Metrowerks, which went public on NASDAQ and later sold to Motorola. Next, Belanger started Reddwerks, a pioneer in the Internet of Things industry providing solutions […]

Xeris Pharmaceuticals Files to Raise $75 Million in an IPO

Xeris Pharmaceuticals, founded in 2005 in Austin, filed on Thursday with the Securities and Exchange Commission to go public on the Nasdaq Stock Exchange with an initial public offering valued at $75 million. The company, now based in Chicago, has strong ties to the Austin startup community. Xeris has raised $202 million to date in […]

25 Companies Named Winners of the 2018 Austin A-List of the Hottest Startups

By Laura Lorek Publisher of Silicon Hills News For the eighth time, the Greater Austin Chamber of Commerce celebrated Austin’s hottest startups at its A-List Award ceremony. “Startups are trailblazers, risk takers, and pioneers,” said Hugh Forrest, programming director of South by Southwest, which co-sponsors the awards. At the event, the A-List awards went to […]

HanAra Software Chooses Austin for its North American Headquarters

HanAra Software, a subsidiary of South Korean-based BNF Technology, has selected Austin as its North American headquarters and plans to triple in size. The company, which provides data management and predictive analytics solutions for plant management, has six employees in 1,000 square feet at 3410 Far West Blvd. They are hiring and plan to add […]

Austin Technology Council Names Amber Gunst as Interim CEO

The Austin Technology Council on Thursday announced the appointment of Amber Gunst as interim Chief Executive Officer. Gunst takes the reins from Barbary Brunner who has served as the organization’s CEO for the past two years. Brunner announced last week that she had left to join Phunware, an Austin-based software company, as its Chief Marketing […]

Inc. Magazine Names Ten Austin Companies to its 2018 Best Places to Work List

Inc. Magazine Wednesday named ten Austin-based companies to its list of best places to work. The companies included Arrive Logistics, Embark, Munck Wilson Mandala, Opcity, Peddle, Praetorian, Salcora, Square Root, Student Loan Hero, and The Zebra. Out of thousands of applicants, Inc. singled out just under 300 winning companies nationally. Inc. recognized Square Root, creators […]

LiveOak Venture Partners Adds Two More Investment Professionals

LiveOak Venture Partners announced this week that it has expanded its staff. LiveOak, based in Austin, added Mike Marcantonio as principal and Mason Rathe as a senior associate. They will focus on new investments and support the firm’s portfolio of companies. Marcantonio previously worked at Blue Heron Capital and focused on venture and growth stage […]

Lawyer Jose Ancer Discusses Legal Issues Tech Entrepreneurs Face on the Ideas to Invoices Podcast

Jose Ancer is a tech and venture capital focused corporate partner in the Startup and Emerging Technology Group of Egan Nelson and the firm’s Chief Technology Officer. He received his B.A. from the University of Texas at Austin and his Law Degree from Harvard. He represents early-stage companies across a variety of tech-focused industries and […]

Student Loan Genius Lands $3.5 Million in Funding

Student Loan Genius has raised $3.5 million in venture capital. Vestigo Ventures, based in Cambridge, Mass., led the round which included CMFG Ventures, Prudential Financial and Rubicon Venture Capital also participated in the round. The Austin-based startup, founded in 2013, has raised more than $7 million to date. The company plans to use the funds […]

Silverton Partners Closes on a New $108 Million Fund

Silverton Partners, based in Austin, announced this month that it has closed on Fund V at $108 million. The venture capital firm, founded in 2006, focuses on early-stage companies and since its launch, the firm has made more than 50 investments in the enterprise and consumer technology categories. “Fund V, our largest fund to date, […]

OJO Labs Raises $20.5 Million in VC Funding and Plans to Double in Size

OJO Labs, an Austin artificial intelligence startup, has raised $20.5 million in venture capital. The company, founded in 2015, raised the Series B round from new investors Realogy, the Royal Bank of Canada, Northwest Mutual Fund Ventures and ServiceMaster. It also included existing investors LiveOak Venture Partners and Silverton Partners, both based in Austin. “This […]

Indeed Expands in Austin and Plans to Add 3,000 New Jobs

Indeed, the world’s number one job site, Thursday announced plans for a huge expansion in Austin and plans to add 3,000 new jobs. The Austin-based company is adding 615,000 square feet of office space in two new offices. “We are committed to growing in Austin, a city that is a proven tech hub with excellent […]

Barbary Brunner Leaves ATC to Join Phunware, which is Launching a Cryptocurrency

The CEO of the Austin Technology Council Barbary Brunner announced Thursday that she has left the organization to join Phunware, which also announced it’s launching a cryptocurrency called Phuncoin. Brunner will join Phunware as its Chief Marketing Officer. Brunner, with 25 years of technology leadership experience, previously served as CMO of Experian’s PriceGrabber business, CMO […]

Austin A-List Awards Shines a Spotlight on the City’s Rising Startup Stars

One of the most anticipated and outstanding events in the Austin startup community every year is going to take place on May 24. The Austin Chamber of Commerce along with South by Southwest hosts the annual A-List awards and recognizes some of the city’s rising startup stars. The event kicks off at 4 p.m. at […]

Austin-based RetailMeNot Buys LowestMed

RetailMeNot announced Tuesday the acquisition of LowestMed, a website that compares prescription drug prices and provides mobile or printable coupons. The financial terms of the deal were not disclosed. “RetailMeNot is proud to welcome LowestMed to the company as RetailMeNot Rx Saver,” Cotter Cunningham, CEO and founder of RetailMeNot, said in a news statement. “Many […]

Serial Entrepreneur Bob Fabbio Plans to Build eRelevance Into a $1 Billion Company

In 1989, Bob Fabbio quit his job at IBM and launched Tivoli Systems, which created one of the largest software categories in the world – enterprise systems management. In 1995, Tivoli Systems went public and a year later IBM acquired the company for $743 million. Fabbio went on to found electronic document delivery startup Dazel, […]

Preschool2me Lands Seed Stage Funding to Expand its Preschool Communications Platform

In 2012, Kapil Rajurkar founded Preschool2me in Charlotte, North Carolina. The company started out as a side project, Rajurkar said. Rajurkar wanted to be able to keep tabs on his son at his preschool so he created an app that allowed him to connect with his son’s school. The app is an interactive communications platform […]

Meta SaaS Acquired by Flexera

Austin-based Meta SaaS, which runs a platform for managing software as a service subscriptions for companies, got acquired by Flexera, a private software company based in Itasca, Illinois. The financial terms of the deal were not disclosed. Meta SaaS, founded in 2016, raised a $1.5 million seed stage round last year led by Dallas Billionaire […]

Big Commerce Lands $64 Million Investment from Goldman Sachs

BigCommerce, the ecommerce platform, announced Wednesday that it has closed on $64 million in growth equity funding, led by Goldman Sachs. Other investors include General Catalyst, GVC Capital and Tenaya Capital. To date, BigCommerce has raised more than $200 million. “Our mission is to help every business selling online maximize success through the benefits of […]

Tequila 512’s Scott Willis Talks About Being a Pioneer in the Austin Spirits Industry

Scott Willis is a pioneer in the Austin tequila industry. He is the president and founder of Tequila 512, Austin’s first tequila brand. And in this podcast, Willis talks about his entrepreneurial journey, which wasn’t an easy one from quitting his day job and going all in on his tequila venture. He created an award-winning […]

10 Startups Pitch at Techstars Austin Demo Day 2018

By Laura Lorek Publisher of Silicon Hills News From dog walking services to robot teaching assistants, 10 startups pitched their ventures at the sixth annual Techstars Austin Demo Day. This year’s class included six teams from the Carolinas and Virginia and four from Austin and half of them had female founders. They made their pitches […]

Pot Pioneers Gather in Austin to Explore Texas Market Opportunities

By Laura Lorek Publisher of Silicon Hills News Pioneers in pot see a huge market developing nationwide for legal cannabis, and they think it’s not if, but when, legal marijuana will become a huge market in Texas. That’s the big takeaway from the first ever Austin Cannabis Entrepreneur conference held last Thursday and Friday at […]

SXSW 2018 Top 20 Tech Trends and Other Highlights

By Laura Lorek Publisher of Silicon Hills News The dust might have settled on South by Southwest 2018, but the ideas and energy remain. Last month, Silicon Hills News put on an event at Galvanize Austin recapping the highlights from SXSW 2018, including local startups that made a big impact, 20 technology trends and 10 […]

Amal Clooney Says Societal Change Comes from Those who Demand it

By Laura Lorek Publisher Silicon Hills News Young people are demanding change in society, said Amal Clooney, an international and human rights lawyer. Eleven-year-old children are speaking out at the March for Our Lives event and companies are beginning to take notice and make changes, Clooney said, during the closing keynote last week at the […]

Does Your Company Have a Just Cause?

By Laura Lorek Publisher of Silicon Hills News To succeed, businesses must have a just cause, said Simon Sinek, the bestselling author of Start with Why. “A cause so just that not only do people feel like they are part of something bigger than themselves, but they are willing to sacrifice in order to advance […]

San Antonio’s RealCo Accelerator Hires New Director and Expands to Austin and Boulder

RealCo, the San Antonio-based accelerator that launched last year, announced this week plans to expand into Austin and Boulder and the hiring of a new managing director. Richard Grote, who lives in Boulder part-time, will become the new managing director. Grote has spent the “past 18 years building and mentoring startups, as well as nurturing […]

Vista Equity Partners Backs Austin-based YouEarnedIt

YouEarnedIt, a startup focused on rewarding employees at companies, has landed an investment from Vista Equity Partners, based in Austin. The Austin based startup also received investment from its previous investors, Ridge Ventures and Silverton Partners. It did not disclose the financial details of the deal. Previously, YouEarnedIt raised $8 million in venture capital. “It […]

#MeToo Movement Leaders Encourage Corporate HR Leaders to Push for Systemic Change

By Laura Lorek Publisher of Silicon Hills News Voice can be a powerful lever for change, said Adam Grant, bestselling author and professor at Wharton School of the University of Pennsylvania. Grant moderated a panel at WorkHuman 2018, a meeting of human resource professionals put on by Globoforce, at the Austin Convention Center Wednesday morning […]

EBW 2020 Launches MintHer Aimed at Helping Female Founders Scale Their Ventures

By Laura Lorek Publisher of Silicon Hills News At South by Southwest 2018, Ingrid Vanderveldt, chairman, and CEO of Empowering a Billion Women by 2020 movement, launched MintHer, a financial resources network for female entrepreneurs. Vanderveldt, who previously served as the first entrepreneur in residence at Dell, spoke at SXSW 2018 on “Empowering a Billion […]

Hugh Forrest Provides Seven Early Observations on SXSW 2018

By Laura Lorek Publisher of Silicon Hills News From amazing weather to Elon Musk‘s pop up appearance, blockchain technology, and internationalization, South by Southwest 2018 is over but not forgotten. Hugh Forrest, Chief Programming Officer of SXSW, gave an overview of seven early observations from SXSW 2018, during a Tech Talk event with the Austin […]

Case Foundation’s Sarah Koch on the Importance of Inclusivity and Diversity in the Tech Industry

By Laura Lorek Publisher of Silicon Hills News Sarah Koch, vice president of social innovation at the Case Foundation, has attended South by Southwest a few times and she noticed a big change and focus on inclusivity and diversity this year. “Last year it felt like was that first turning point of seeing a lot […]

Austin-based SpareFoot Acquires SiteLink

SpareFoot, the Austin-based online self-storage marketplace, announced Thursday plans to acquire SiteLink, a software maker for the self-storage industry, founded in 1996 and based in Raleigh, North Carolina. As part of the deal, Cove Hill Partners, a private equity firm in Boston, will acquire a majority stake in the combined company. The financial terms of […]

Austin-based SpyCloud Raises $5 Million

SpyCloud announced this week that it has received $5 million in venture capital funding. Austin-based Silverton Partners and March Capital Partners led the Series A round. SpyCloud plans to use the funding on product development, security research and to expand its database of assets. It also plans to hire more employees. SpyCloud, founded in 2016, […]

MineralSoft’s Gabe Wilcox Talks About Disrupting an Industry on the Ideas to Invoices Podcast

By Laura Lorek Publisher of Silicon Hills News and Host of the Ideas to Invoices Podcast A native of Arkansas, Gabe Wilcox and his family know firsthand the problem mineral rights owners have in managing their assets. “It has been a very archaic industry,” said Wilcox, CEO and co-founder of MineralSoft. In the U.S., individuals […]

Oracle’s Founder Larry Ellison Says Austin Campus is Going to Grow to 10,000 Employees

By Laura Lorek Publisher of Silicon Hills News Billionaire Larry Ellison, the founder of Oracle, said he expects Austin’s Oracle campus to grow to about 10,000 employees in coming years. “We are going to have a handful of hubs in the United States,” Ellison said. “Austin is one of the key places we want to […]

Go Hunt Life’s Todd Nevins is Onto his Next Big Adventure in Mexico

By Laura Lorek Publisher of Silicon Hills News Todd Nevins is pulling the ripcord on his life this week. The host of the Go Hunt Life podcast in Austin and founder of CLICKplacement, an AdWords business, is moving to Mexico. Todd and his wife, Allison, have sold most of their belongings, everything from their couch […]

Umuse Raises $5 Million for its Smart Digital Assistant to Organize Email, Text and Chat

Umuse has created a digital assistant for the email inbox box that uses artificial intelligence and machine learning and becomes smarter over time. To bring the product to market, the Austin-based startup led by Scott Abel, former Spiceworks Founder and CEO, announced Wednesday that it has raised $5 million in seed funding from Shasta Ventures, […]

National Tech Media’s SXSW Coverage Obscures What a True Ecosystem of Innovation Looks Like

By Dave Manzer Sponsored Post on Silicon Hills News Here’s an opinion that won’t be popular among our friends in the technology news media: It’s coverage of SXSW risks perpetuating a very narrow and biased view of what a true startup ecosystem looks like. Don’t believe me? You need only look at the headlines coming […]

Austin-based Mythic Gets $40 Million in Funding

Mythic, an Austin-based microchip maker, announced Tuesday that it has received $40 million in venture funding. The company, which also has an office in Redwood City, Calif., closed on its Series B funding led by SoftBank Ventures. Mythic, which was once known as Isocline, has raised $55.2 million to date, according to its Crunchbase profile. […]

Geekdom Teams With Alamo Angels to Launch a Pre-Accelerator Program in San Antonio

Geekdom, the tech co-working space at the heart of San Antonio’s technology district, announced recently that it has teamed up with Alamo Angels to launch a pre-accelerator program designed to nurture new startups. The program is focused on early-stage startups and includes mentorship from entrepreneurs, tech leaders and investors. The applications for the program opened […]

Austin’s Outdoor Voices Raises $34 Million in Funding

Outdoor Voices, a high-tech fashionable line of athletic apparel, has raised $34 million in additional financing, according to a filing with the Securities and Exchange Commission. The Austin-based startup received the funding from Google Ventures, according to an article by CNBC. To date, the company has raised $57 million and plans to use the latest […]

Austin’s TurnKey Vacation Rentals Lands $31 Million in Funding

TurnKey Vacation Rentals, one of the nation’s largest vacation rental management companies, recently announced it has received $31 million in funding. The Austin-based startup received the funding from Adam Street Partners which led the Series D round along with participation from existing investors including Altos Ventures and two new institutional investors. To date, the company […]

Austin’s MasSpec Pen Wins Innovation Award at SXSW

The only Austin-based startup to win an award in the 2018 SXSW Interactive Innovation Awards was MasSpec Pen by the Eberlin Lab at the University of Texas at Austin. The MasSpec Pen provides a better way for surgeons to rapidly perform and diagnose cancer biopsies. It allows surgeons to extract molecules from tissue and test […]

Forerunner Ventures Touts Diversity as the Best Way to Make Investment Decisions

By Laura Lorek Publisher with Silicon Hills News In 2010, Kirsten Green founded Forerunner Ventures, an early stage venture capital firm, based in San Francisco. She had spent her early career as a retail analyst with Banc of America Securities and others and she spent a lot of time studying retailers. She even went to […]

At SXSW, Norway’s Crown Prince Focuses on Tech for Sustainable Development

By Susan Lahey Reporter with Silicon Hills News It is always ironic when the tech doesn’t work at SXSW, which happened to Norwegian Crown Prince Haakon, speaking at SXSW on Tuesday about creating innovation that solves problems. Starting his presentation with a video about the United Nations’ 17 Sustainable Development Goals he ran into technical […]

Samsa Wins Capital Factory’s 100K Blockchain Challenge at SXSW

By Laura Lorek Publisher with Silicon Hills News Capital Factory awarded Samsa, a startup that runs a cryptocurrency index platform, $100,000 in its Blockchain Investment Challenge on Thursday at South by Southwest. Judges selected two other runners-up: Topl, which is building a platform for international investment on blockchain technology and Vertalo, a blockchain-backed platform to […]

At Capital Factory, Shep Founder Pitches Reddit CEO Steve Huffman on the Fly at SXSW

By Laura Lorek Publisher of Silicon Hills News Sometimes being in the right place at the right time during South by Southwest can create opportunity. Daniel Senyard, founder of Austin-based Shep, got a text from Henry Yoshida, one of the company’s advisors, to get to Capital Factory’s first-floor auditorium because Joshua Baer, founder of Capital […]

Three Startups Win Food+City Challenge Prizes at SXSW

By Laura Lorek Publisher of Silicon Hills News For the first time, Food+City held its annual Challenge Prize competition at South by Southwest. And judges awarded three $10,000 cash prizes to the winner of each of three sessions on Tuesday. Altogether 14 startups competed as finalists from the U.S., China, Kenya and the United Kingdom. […]

Whurley Says Quantum Computing is the New Space Race

By Laura Lorek Publisher of Silicon Hills News Quantum computing, not Artificial Intelligence, is the space race of our generation, said William Hurley, known as Whurley. Whurley, founder and CEO of Strangeworks, gave the keynote speech Tuesday afternoon at South by Southwest on “The Endless Impossibilities of Quantum Computing.” He pledged to keep the math […]

SXSW Accelerator 2018 Award Winners Including ICON 3D and GrubTubs of Austin

At South by Southwest, some of the globe’s most innovative companies pitch every year to become the winner in their category. At the 10th annual SXSW Accelerator Pitch event, judges selected ten winners among the 50 finalists and for the first time, they named a “Best in Show” winner, which went to “Nanowear, a New […]

At SXSW, Futurist Amy Webb Declares 2018 as the Beginning of the End for Smartphones

By Laura Lorek Publisher of Silicon Hills News It’s the end of an era for smartphones and the rise of cryptocurrencies. Those are just a few of the trends Amy Webb, founder of the Future Today Institute, sees emerging. In a completely full ballroom on a Sunday morning, Webb took to the stage at South […]

Pied Parker Launches Parking App at SXSW

By Laura Lorek Publisher of Silicon Hills News As a sophomore at the University of Texas at Austin, Mason Hunt founded a parking mobile app called ParXit designed to let people rent out their driveways to people needing parking. ParXit officially launched in December of 2015 and gained a lot of traction in the Austin […]

Mayor of London Calls for Regulation of the Tech Industry

By Laura Lorek Publisher with Silicon Hills News London Mayor Sadiq Khan spoke during the afternoon keynote at South by Southwest on Monday about the need for technological advancements to benefit everyone in society. There’s an increasing disconnect and disillusionment across London and worldwide stemming from fear of globalization, he said. Technology is profoundly changing […]

Irish Taoiseach Visits SXSW Before Meeting President Trump

By Susan Lahey Reporter with Silicon Hills News In a session Sunday between Evan Smith and Leo Varadkar, Prime Minister of Ireland, Smith lumped the Taoiseach with leaders like Emmanuel Macron and Justin Trudeau: young, progressive people, moving their countries forward in a world where many leaders seem to be peddling hard backward. Varadkar, at […]

At SXSW, London Mayor Sadiq Khan Advocates for Gender Equality

By Laura Lorek Publisher of Silicon Hills News The Mayor of London, Sadiq Khan, visited Capital Factory Sunday evening during a special South by Southwest event. He called for a “redoubling of efforts” to achieve gender equality. “It’s still the case in the U.S.A. and the U.K. that if you are born a girl your […]

French Tech Austin Launches at SXSW

By Laura Lorek Publisher with Silicon Hills News At a breakfast meeting, Sunday at South by Southwest, Austin, and France launched a new website and movement designed to bring the two technology communities closer. It’s French Tech Austin and is designed to support ties between Austin and France’s tech industry and entrepreneurs and provide opportunities […]

11 Questions for Serial Entrepreneur Whurley who is Launching Strangeworks at SXSW

William Hurley, known as Whurley, is one of the best-known tech entrepreneurs in Austin. And he is always hatching up something new every year for South by Southwest. One year, Chaotic Moon, the company he co-founded and sold to Accenture, commanded a drone to taser an intern. Three years ago, Whurley launched Honest Dollar at […]

What Austin Wants to Be When it Grows Up

By Susan Lahey Reporter with Silicon Hills News It started out as one of those tired debates about whether Austin—being a city where people want to live and not work 22 hours a day—could ever be another Silicon Valley. But then it got interesting. The SXSW panel with Brent Bellm, CEO of Big Commerce, Tina […]

Preaching the Texas Startup Manifesto at SXSW

Joshua Baer, founder of Capital Factory is bullish on Texas. He wrote the Texas Startup Manifesto last year and has worked diligently since then to bring Texas’ major cities together: Austin, San Antonio, Houston, and Dallas. The goal is to create a statewide strong and supportive ecosystem for startup companies and entrepreneurs looking to create […]

Understanding Capitalism Means Studying History: the Good, the Bad, and the Ugly

By Laura Lorek Publisher of Silicon Hills News Business as a force for good, capitalism as the roots of inequity in our society stemming from slavery, the wealth gap and intentionally helping underserved communities. Those are just a few of the hot-button topics discussed during the panel on the meta-topic “The Future of Capitalism and […]

Westworld at SXSW Provides a Glimpse of Living “Without Limits”

By LAURA LOREK Publisher of Silicon Hills News The Westworld at South by Southwest experience provides an entertaining look at the wild west town of Sweetwater and a life of living “without limits.” But it is a decidedly tame version of HBO’s Westworld hit television series. That series depicts a Wild West theme park run […]

Ireland’s Prime Minister at SXSW: A Country Leading Change

By Susan Lahey Reporter with Silicon Hills News For the second time, an Irish Prime Minister will be coming to SXSW; only Leo Varadkar is a very new brand of Irish Prime Minister. Ireland’s youngest, and the first LGBT prime minister is leading a country that will soon be the only English-language country of the […]

International Women’s Day with a Focus on Women in Austin and at SXSW

By LAURA LOREK Publisher of Silicon Hills News International Women’s Day is the perfect time to highlight some of the fascinating events happening at South by Southwest focused on women, women’s rights, equality, inclusion, advancement and leadership. It’s the era of the #MeeToo movement and #TimesUp. The hashtags for Women’s International Day are #PressforProgress and […]

Seven Startup Pitch Events at SXSW 2018 to Attend

By LAURA LOREK Publisher of Silicon Hills News South by Southwest is a place where startups launch and get major traction. That’s why it’s also home to many pitch events. Here’s the top seven for your consideration. Release It Sessions 1 & 2 Release It at SXSW Interactive Festival is a place for startups to […]

A Roundup of the Best Guides to SXSW 2018

By LAURA LOREK Publisher of Silicon Hills News South by Southwest is about to begin. That means anxiety is at an all-time high. Because fear of missing the panel or keynote or meetup, movie, band, party that everyone is talking about is real. But the great thing about SXSW is that you will miss some […]

DivInc Selects 11 Startups to Join its Accelerator

DivInc, the Austin-based accelerator focused on helping minority and women entrepreneurs, announced Wednesday its latest cohort with 11 startups. The program is set to launch April 2nd and will be based at Capital Factory. It is the fourth class of entrepreneurs that DivInc has coached and mentored. In 2016, Preston James, Ashley Jennings, and Dana […]

Helping Tech Startups Find Insurance is the Mission of Lumen Insurance Technologies

By LAURA LOREK Publisher of Silicon Hills News Launching a startup involves all kinds of paperwork and technical details that can bog down an entrepreneur. Gabe Wilcox, founder of MineralSoft, an automated revenue management system for mineral rights, not only had to deal with bringing his idea to life but the nitty gritty details of […]

San Antonio Tech Events to Attend This Week

The biggest event going on this week in San Antonio is the first Philanthropic Pitch event at the H-E-B Performance Hall at the Tobin Center. The proceeds from the ticket sales go to the winners of the pitch event. It’s another event that brings together the Austin and San Antonio tech and philanthropic communities. Notley […]

Tech Events to Attend in Austin This Week

Social Media Week Austin kicks off today and runs through Wednesday at various locations throughout Austin. The three-day-long conference, put on by Best Practice Media, covers a wide range of topics from content creation to public relations to digital marketing. Tickets costs $200 and are sold out. Another big event kicking off this week is […]

Ryan Wuerch Plans to Build Dosh into a Billion Dollar Company Disrupting the Ad-Tech Market

By LAURA LOREK Publisher of Silicon Hills News Dosh, an app that gives consumers cash back for purchases, is disrupting the $200 billion advertising technology industry from Austin. Ryan Wuerch, founder and CEO of Dosh, said Austin is one of the best places to create a big consumer tech company. And Dosh is quickly growing […]

Imagine Virtua and Alamo Reality Bring the Alamo Back to Life Through Technology and Storytelling

By LAURA LOREK Publisher of Silicon Hills News Known as the Shrine of Texas Liberty, the Alamo in San Antonio holds a special place in the hearts of many Texans. Throughout the years, films, books, songs, games and more have told the story of the men who heroically died there defending the mission against the […]

AT&T Opens 5G Telecommunications Lab in Austin

The next big thing in telecommunications is 5G. And AT&T has been testing 5G transmission in Austin for a couple of years in specialized trials. 5G stands for the fifth-generation of wireless broadband technology. It provides faster speeds and better coverage than the current 4G standard. The service is expected to offer speeds up to […]

SparkCognition Announces it has Raised $56.5 Million in Funding

Austin-based SparkCognition announced this week it has raised $56.5 million in funding. The artificial intelligence company previously announced last June that it had closed on a Series B round of funding for $32.5 million. But since then, it landed additional investors that push the round of funding even higher to $56.5 million. The investors included […]

Mass Challenge Texas Selects 84 Startups for its First Program

Mass Challenge Texas has selected 84 startups to join its first accelerator program. The accelerator received 520 applications, with a little more than half of those going to the second round where 120 judges selected the winners, said Mike Millard, managing director of Mass Challenge Texas. The finalists are the “highest impact and highest potential […]

New Coworking Space: work well win to Open in East Austin

A new coworking space with a wellness approach: work well win plans to open a 100,000 square foot site in East Austin at a former Motorola campus. The work well win site is set to open this summer. It’s one of a handful of coworking sites work well win plans to open nationwide. The company, […]

Hypergiant Emerges from Stealth Mode to Create AI Products

Serial Entrepreneur Ben Lamm envisions a future in which artificial intelligence is ubiquitous. Lamm co-founded Austin-based Hypergiant to fashion that future by working with Fortune 500 companies to create products for the artificial intelligence marketplace. That might include an autonomous bartender that can craft cocktails on the fly tailored to customer’s tastes. And it’s not […]

H-E-B Buys Austin-based Favor

Favor, the startup delivery service based in Austin, just got bought by one of the largest retailers in Texas, San Antonio-based H-E-B. Under the deal, Favor will become a wholly-owned subsidiary of H-E-B and it will continue to operate as a separate brand led by Chief Executive Officer and President Jag Bath and all of […]

Electric Hybrid Trucking Company Hyliion Moves Headquarters to Austin Area

Transportation is becoming a booming industry in Austin. And now it’s gotten even bigger with Hyliion, a hybrid electric trucking company, moving its headquarters from Pittsburgh to the Austin area. The company announced this week plans to move into a new 80,000 square foot office space, which is under construction, in Cedar Park. Hyliion, which […]

WeWork Begins Accepting Applications for its 2018 Creator Awards

In March of 2017, WeWork launched the Creator Awards to reward individuals and organizations for doing creative work. Austin’s Samantha Snabes, founder of re:3D won the regional award for Austin and went on to win $1 million in the overall global competition held in New York City. Now WeWork is doing it again. The company […]

True Wealth Ventures Closes on a $19.1 Million Fund to Invest in Women-led Startups

Austin’s pioneering venture capital firm, True Wealth Ventures, founded by women to invest in women, announced on Tuesday the close of the firm’s first fund with $19.1 million. Kerry Rupp and Sara Brand, partners in True Wealth Ventures, plan to use the funds to invest in about 12 women-led startups in the sustainable consumer and […]

Oracle Launches Startup Cloud Accelerator Program in Austin

Watch out Austin there’s a new accelerator in town. Oracle, based in Redwood Shores, Calif., on Tuesday, announced it’s launching a residential Oracle Startup Cloud Accelerator program in Austin. The Austin program is Oracle’s first residential accelerator program in North America. Oracle has eight other global locations in Bangalore, Bristol, Mumbai, Delhi, Paris, Sao Paulo, […]

Cool Tech Events to Attend in Austin This Week

Austin’s tech scene is always hopping. No matter what the day or the time, it seems there is always something fun to do. So if you’re looking for something to do this week, check out these fine events: Monday – Saturday – Austin CPG Week by TEN Capital Group features more than 42 sessions across […]

Five of the Best Tech Events to Attend in San Antonio This Week

Lots of cool tech events happening in San Antonio this week from recruiting mixers to an AI meetup and the debut of a brand new business conference. On Tuesday – WP Engine Technical Support Meet & Greet in San Antonio- The company is hiring. It’s having a mixer to get to know job candidates better […]

Notley Center for Social Innovation Partners with Capital Factory to Launch Coworking for Social Change

Something new is brewing in East Austin. It’s the Notley’s Center for Social Innovation, a campus for nonprofit organizations and for-profit companies with a socially innovative focus. And recently the center partnered with Capital Factory, a tech coworking and accelerator site, to launch the new social entrepreneurship and nonprofit coworking community at Springdale General in […]

Geekdom Launches a Community Fund to Ignite Startups

The epicenter of San Antonio’s startup system downtown is Geekdom, which occupies its own building, the historic Rand Building, on Houston street. Launched in 2011, Geekdom has grown to become the hub of startup activity and now the technology co-working site and collaborative workspace has become a source of capital to ignite the ideas that […]

MineralSoft Raises $4 Million in Venture Capital Funding

Austin-based MineralSoft announced on Wednesday that the company has raised $4 million in funding. The company plans to use the funds to market its software platform, which helps mineral, royalty, investors and others manage their assets. MineralSoft also signed an exclusive partnership with oil and gas data provider Austin-based DrillingInfo. Investors included Cottonwood Venture Partners, […]

Employee Wow Raises $1 Million in Seed Funding

Austin-based Employee Wow, a software company, announced Wednesday that it has raised $1 million in seed funding. The funds come from Sean Tomlinson, an investor based in Hong Kong. He also joined the company’s board of directors. Employee Wow plans to use the money to hire sales staff and market its Anonymous Employee Feedback Platform, […]

RigUp Lands $15.6 Million in Venture Capital Funding

Austin-based RigUp announced it has raised $15.8 million in funding. The company, founded in 2014 as an online marketplace for services and labor for the energy industry, also secured a $30 million credit line from Silicon Valley Bank. RigUp has raised $63.8 million to date, according to CrunchBase. The company plans to use the money […]

Shout-Out to Austin from Amazon During Alexa Super Bowl Ad

In Amazon’s Super Bowl ad, there are major hints that Austin is definitely on Amazon’s radar. Amazon’s personal assistant Alexa, a hardware device that runs on artificial intelligence, is the ad’s star along with Amazon Founder Jeff Bezos. The ad opens up with a woman in her bathroom brushing her teeth, listening to Alexa. Alexa […]

Dell Technologies Considers a Public Offering or Merger with VMware

In 2013, Dell went private in a $24 billion buyout deal backed by Silver Lake and Michael Dell. Today, Dell Technologies filed papers with the Securities and Exchange Commission disclosing that the company’s board is considering taking the company public again with an initial public offering or by merging with VMWare. Normally, the company doesn’t […]

5 Reasons a Startup Needs an Editorial Calendar

Content marketing is driving readers to websites. Startups that produce their own content can become an authoritative voice in the industry that they cater to. That creates trust, which can lead to higher sales of products and services. But it’s not just about throwing content onto a website and hoping something resonates with the audience. […]

SXSW is a Strong Reflection of What’s Hot in Austin says Hugh Forrest on the Ideas to Invoices Podcast

By LAURA LOREK Publisher with Silicon Hills News When South by Southwest started in 1987, it was a music only event and in 1994, the Interactive conference launched. “There was this thing called the Web but not many people understood what it was,” said Hugh Forrest. “What was state of the art in 1994 was […]

Cool Tech Events to Attend in San Antonio This Week

It’s that time of the year where the folks at Geekdom give the state of the tech ecosystem report about the coworking and event incubator’s impact on San Antonio. If you’re interested in the tech scene in San Antonio, it’s the event to attend this week. Also, in the same vein of collaboration among Austin […]

Cool Tech Events to Attend in Austin This Week

Austin’s ice storms have finally passed (at least we think so). And the sun is shining. So it’s a great day to plan out events to attend during the week. Here’s just a few to consider. Sunday & Monday – The Culturati Summit, a program of the Entrepreneurs Foundation, takes place at Brazos Hall and […]

Capital Factory, Dallas Entrepreneur Center and DivInc Award $100,000 to ShearShare of Dallas

In Dallas, ShearShare, a startup that created an app to allow barbers and hair stylists to rent salon space on the fly, won $100,000 in a diversity investment challenge last week. The diversity challenge, announced last Fall by Captial Factory, focuses on giving a $100,000 investment to one startup from Dallas with a diverse executive […]

Ten Startups Join the Austin Techstars 2018 Class

Techstars Austin announced the ten companies selected for its Techstars Austin 2018 accelerator. The accelerator, which features a diverse set of companies, kicked off on Jan. 22nd at Techstars’ new offices at 220 S. Congress Ave. The program ends on April 20th with a Demo Day. This is Techstars’ sixth program in Austin. This year’s […]

Austin’s Next Coast Ventures Adds Jeff Browning as Venture Partner

Next Coast Ventures announced last week that the firm has added Jeff Browning as its latest venture partner. Browning “will focus on helping their portfolio companies with all aspects of organizational design, talent acquisition and executive development,” according to a news release. Browning most recently worked as a principal at GTRC Private Equity and he […]

Tarmac TX is Open for Applications for its 2018 Program

Earlier this month at the Google Fiber space downtown, Tarmac TX held its Demo Day for the companies in its 2017 cohorot. Now the accelerator, based at Galvanize, is accepting applications for its 2018 program, which starts in mid-April. The free program lasts nine months and includes mentorship and help with issues facing early-stage companies. […]

Two Austin-based Startups are Finalists for the Sixth Women Startup Challenge in New York

Two women-led startups from Austin are among the top ten finalists in the nation for the sixth Women Startup Challenge: Emerging Tech. The startups include Astral AR, a drone piloting system that uses the Internet of the Things and helps law enforcement stop bullets, and detect guns and bombs through walls. Leah La Salla is […]

WeWork, Bunker Labs and Patriot Boot Camp Announce an Austin “Veterans in Residence” Program

Ten Austin entrepreneurs have joined the WeWork, Bunker Labs and Patriot Boot Camp’s new Veterans in Residence program in Austin. The new program provides space, community and services to Veteran-run startups to help them to grow their business for six months. Last week, at a kick-off event at WeWork Domain, the first ten veteran entrepreneurs […]

Wellnicity Lands $3.6 Million in Seed Stage Funding

Wellnicity, which makes home health test kits and supplements, announced it has received $3.6 million in seed-stage funding. Austin-based Capstar Partners led the investment into the company. Wellnicity plans to use the funds to further develop its software platform, sales and marketing and to invest in packaging and fulfillment functions. “We chose to invest in […]

Office Depot Debuts BizBox, a new Store Concept in Downtown Austin

Something new is coming to Austin on Monday. Office Depot is opening BizBox, a brick and mortar component of an online service it launched last November. BizBox will be located at the 14 Office Depot locations around Austin. BizBox offers everything from logo and website design to finance and accounting services. The location will also […]

SpareFoot Moves Into New Headquarters and Celebrates 10 Years in Business

On the year of its 10th anniversary, SpareFoot, a storage marketplace, moved this month to new headquarters at University Park. Sparefoot has raised $49.4 million since its founding in 2008, according to its Crunchbase profile. SpareFoot’s last round of funding came in 2015 led by Revolution Growth, founded by Steve Case, founder of America Online. […]

GoDaddy Buys Main Street Hub for $125 Million

Catering to small business can mean big business. Just ask the folks over at Main Street Hub, which sold Tuesday to GoDaddy for $125 million in cash plus up to $50 million more in future earnouts, according to a news release. The transaction is expected to close by June pending regulatory approval and other requirements. […]

After Two Years in Stealth-Mode, Austin-based Wanchain Launches Digital Currency Platform

After working in stealth mode for two years in China and Austin, Wanchain launched its digital currency platform this week at a Bitcoin conference in Miami. “Tokenization of assets is at its inflection point. With cryptocurrencies now worth over $700 billion, the digital economy is growing wildly, but there is a problem,” Jack Lu, Founder, […]

The Texas 5G Alliance Launches to Champion Lightning Fast Wireless Technology

The Texas 5G Alliance launched this week to advocate for 5G telecommunications technology and infrastructure in Austin and statewide that is needed to bring smart city applications to life. The alliance seeks to educate people about the technology for rapid deployment statewide and to make Texas a leader in telecommunications infrastructure. Why is it needed? […]

Sputnik ATX Selects Four Startups for its Inaugural Class

Sputnik ATX announced this week it has chosen four startups to join its inaugural class for its accelerator program. Those startups include, a cash-back platform for credit and debit cardholders to get Bitcoin rewards with more than 5,000 partner brands, Redenim, a data analytics platform for women to find the perfect pair of jeans, […]

Austin and Dallas Make the Short List for Amazon’s HQ2

Texas is the only state to have two cities as finalists for Amazon’s second headquarters in North America. Austin and Dallas made the list of the top 20 cities in North America under consideration for the $5 billion project, which is expected to create as many as 50,000 jobs. Amazon reported it reviewed 238 proposals […]

Austin’s Samantha Snabes of re:3D Wins WeWork’s $1 Million Creator Award

In the first WeWork Creator Awards Finals, Samantha Snabes, founder of re:3D, took home the top prize of $1 million in the for-profit company category. The Austin-based company makes Gigabot, a large 3D printer. It is also developing a new 3D printer that uses recycled materials. In addition, WeWork announced a $1 million prize to […]

WP Engine Lands $250 Million in Funding from Silver Lake

One of the most successful startups to spin out of Capital Factory, WP Engine announced Thursday that it has received $250 million in funding from Silver Lake, a venture capital firm. WP Engine, founded by Jason Cohen in 2010, now has more than $100 million in annual recurring revenue and more than 75,000 customers worldwide, […]

Silicon Hills News’ Unveils 12 Startups and Tech Advocates Featured in its 2018 Austin Tech Calendar

Silicon Hills News’ 2018 Austin Tech Calendar Party took place last Thursday at The Zebra, an insurance comparison marketplace startup, in downtown Austin. It was a wonderful evening and the event was a smashing success. This is the fourth time Silicon Hills News’ has created a tech calendar shining a spotlight on Austin’s most innovative […]

Sputnik ATX Meets with Local Entrepreneurs as Deadlines Looms for its First Accelerator Class

By LAURA LOREK Publisher of Silicon Hills News At Sputnik ATX’s downtown office, a group of entrepreneurs gathered to talk about e-commerce startups and eat barbeque Monday afternoon. “We’ve learned a lot about the startup scene in Austin hosting these events,” said Oksana Malysheva, President, and CEO of Linden Education Partners and CEO of Sputnik […]

Slingshot Aerospace Lands $3.25 Million in Seed Funding

Austin-based Slingshot Aerospace announced Tuesday that it has received $3.25 million in seed stage funding, led by ATX Seed Ventures. Slingshot Aerospace is using artificial intelligence to provide detailed reports about the earth to industries such as Defense, insurance, and energy. Other investors in the seed round included Okapi Venture Capital and Sway Ventures along […]

Austin-based GenXComm Lands $7 Million in Venture Capital

By LAURA LOREK Publisher of Silicon Hills News GenXComm, a telecommunications startup spun out of the University of Texas at Austin, announced Tuesday it has raised $7 million in funding, led by Intel Capital. Other investors included Azure Capital Partners, Bandgap Ventures, Capital Factory, FAM Capital Partners, Lip-Bu Tan, UT Horizon Fund and WS Investment […]

DivInc Spotlights Austin’s Diverse Tech Founders at its Third Demo Day

By LAURA LOREK Publisher of Silicon Hills News Austin’s rare snow and ice storm didn’t stop the tech community from turning out at DivInc’s Demo Day at Google’s Austin downtown office Friday night. The night shined a spotlight on women and minority tech founders who are launching startups in Austin. “It’s about startups. It is […]

Cash-back App Dosh Gets $4.9 Million More in Funding

Austin-based Dosh, a cash-back app, just raised $4.9 million in venture funding, according to a filing with the Securities and Exchange Commission. The company has raised $18.4 million to date in seed-stage funding and is preparing to raise more money early next year for a Series A round, according to a spokeswoman. Goodwater Capital led […]

Austin-based Overhaul Raises $4.5 Million in Funding

Transportation logistics in this country is still problematic despite all the new technology on the market. That’s a market Austin-based Overhaul is tackling. The commercial trucking industry is a $115 billion per year industry and Overhaul aims to overhaul it. The transportation security technology startup creates software for shippers of premium cargo to track their […]

Studio Estates Near Kyle Seeks to Attract High Tech Companies

By STUDIO ESTATES Sponsored Post On a former cotton farm in Kyle sits a beautiful piece of land with expansive views and Hill Country charm. At Studio Estates, David Cuddy has built a burgeoning business park, home development, movie studio complex and now tech center. Cuddy’s 800 acres is prime real estate in one of […]

Five Tech Events to Attend in San Antonio in December

Things are getting jolly in San Antonio for the tech industry for the month of December. Codeup is having a Demo Day. Capital Factory is taking a road trip to Geekdom and Joshua Baer is hosting an Intro to Fundraising in Texas panel. There’s Tech Bloc’s holiday party and Bunker Labs’ San Antonio ribbon cutting […]

Podcaster and Author Tim Ferriss Moves to Austin

Tim Ferriss, angel investor and bestselling author and podcaster, recently moved to Austin. For 17 years, Ferriss lived in Silicon Valley. But now he’s a resident of Austin. Ferris is the author of “The 4-Hour Workweek,” “The 4-Hour Body,” “The 4-Hour Chef,” “Tools of Titans,” and his latest book: “Tribe of Mentors.” “In the end, […]

12 of the Best Austin Tech Events to Attend in December

By LAURA LOREK Publisher of Silicon Hills News Austin is shining brightly in the month of December with all kinds of great events to put knowledge into your noggin. But it’s also a time to have fun and celebrate our successes, which is why we invite you to our 2018 Austin Tech Calendar Party on […]

Engineering the Food of the Future with Robyn Metcalfe, Founder of Food+City

By LAURA LOREK Publisher of Silicon Hills News Engineers are becoming the new farmers, according to Robyn Metcalfe, founder, and director of Food+City at the University of Texas at Austin. In a movement Metcalfe labels “Fab to Table,” she sees a food revolution going on right now that will lead to more personalized food products […]

Google Fiber Commissions Austin Artists to Paint Murals

In Austin, Google Fiber unveiled three murals throughout the city that the company commissioned from local artists. “Google Fiber believes that citizens should be always inspired and empowered to create a better city and a better future and that public art has a central role in the process,” according to a spokeswoman. In Austin, three […]

Favor is Joining Feeding Texas and Statewide Toy Drives to Help Texans in Need

On Giving Tuesday, Austin-based Favor announced it is joining with Feeding Texas and local toy drives across the state to help those in need this holiday season. Now through Dec. 15th, people can use the Favor app to donate directly to toy drives in six Texas cities and Favor is waiving the delivery fee. “Simply […]

Emma is Soliciting Nominations for its 14th Annual Grant Program

Emma, a digital marketing platform based in Nashville, announced Tuesday that it is now accepting nominations for its 14th annual Emma 25 honorees. The program, Emma 25, grants select nonprofit organizations Emma email marketing services for a lifetime. The free accounts let nonprofit organizations distribute email to up to 5,000 contacts per month. To date, […]

Marlin Equity Partners to Acquire Bazaarvoice for $521 Million

Austin-based Bazaarvoice has signed a deal to be acquired by Marlin Equity Partners, a global investment firm, for approximately $521 million. Under the deal, Bazaarvoice would become a private company. Marlin Equity Partners, based in Los Angeles, plans to pay $5.50 in cash for each share of Bazaarvoice stock. Bazaarvoice is traded on the Nasdaq […]

Austin-based EverlyWell Lands a Deal on Shark Tank

EverlyWell, the Austin-based startup that makes at-home healthcare tests, asked for a $1 million investment for a 5 percent equity stake in its company, on Shark Tank Sunday night. Julia Cheek, the founder, and CEO, ended up with a $1 million line of credit at an eight percent interest rate for a five percent equity […]

MassChallenge Texas Deadline is Dec. 5th

By LAURA LOREK Publisher with Silicon Hills News MassChallenge Texas is a new startup accelerator that is currently accepting applications for its inaugural Texas cohort. One of the things that is unique about MassChallenge is since it doesn’t take any equity, it can work with all the other accelerators and incubators statewide to grow the […]

RackN’s Rob Hirschfeld Discusses the Importance of Storytelling for Startups on Ideas to Invoices

Rob Hirschfeld is the founder and CEO at RackN, an Austin-based startup which makes software to automate data centers. Hirschfeld has 15 years of experience in the cloud and infrastructure industry. He has served four terms on the OpenStack Foundation Board and previously worked as an executive at Dell. He’s also a serial entrepreneur. On […]

InnoTech Austin’s Women in Technology Summit Focuses on Ways to Handle a Male Dominated Tech Industry

By LAURA LOREK Publisher of Silicon Hills News Being a woman in the technology industry is not easy. The technology industry is male-dominated at all levels and the pay disparity can reach 50 percent for women, compared to the salary for men in similar jobs, said Lauren Hasson, founder of Develop(Her). “I decided to own […]

NTT Data Executive Reports Robots are Empowering Humans in the Workplace

Virtual agents, virtual assistants, bots, and other automated technologies are supercharging workforces, said Doug Reeder, innovation leader at NTT DATA Services. These technologies easily execute tasks that are mundane and repetitive, Reeder said. “They allow people to do less of the mundane things,” he said. Reeder delivered the keynote address Thursday morning at the InnoTech […]

San Antonio Residents Can Now Sign Up for Google Fiber

This week, Google announced that Google Fiber is now available in some areas of San Antonio. Residents of San Antonio in the “Westover Hills area and around West End Park on the near west side have from now until Dec. 21 to sign up for the company’s flagship product: Fiber 1000, or up to 1,000 […]

Opcity Moves Into New Headquarters in Southeast Austin Amid Major Expansion

By LAURA LOREK Publisher of Silicon Hills News Opcity’s staff moved this week into new headquarters at the Bergstrom Tech Center in Southeast Austin. The high-tech company occupies 50,000 square feet in Building 312, a two-story, glass and brick building built in 1985 for Lockheed Martin. “We wanted a big home for our headquarters,” said […]

Tiff’s Treats Lands $25 Million in Funding

Austin’s homegrown fresh baked cookie delivery company, Tiff’s Treats just closed on $25 million in funding to accelerate its national expansion. Tiff’s Treats, started by former University of Texas at Austin students Leon and Tiffany Chen in 1999, now has more than 700 employees at 34 stores in Texas and Atlanta. They will soon open […]

Microsoft CEO Satya Nadella Tells UT Austin Students Empathy is the Key to Innovation

By LAURA LOREK Publisher of Silicon Hills News Two tech giants took the stage at Hogg Memorial Auditorium at the University of Texas at Austin on Monday afternoon to talk about technology and Microsoft. UT President Gregory L. Fenves introduced them. Microsoft’s CEO Satya Nadella visited Austin to meet with students, entrepreneurs and business partners. […]

Mayor of London and Others Added as Featured Speakers at SXSW

South by Southwest officials announced this week that the Mayor of London Sadiq Khan will be a keynote speaker in 2018. Khan joins previously announced SXSW keynote speakers Darren Aronofsky, Ta-Nehisi Coates, Barry Jenkins, Ester Perel, and Whurley. South by Southwest Conference and Festivals take place March 9-18th. In addition, SXSW announced even more featured […]

WeWork’s Cofounder Miguel McKelvey to Speak at SXSW 2018

WeWork Cofounder and Chief Culture Officer Miguel McKelvey will be a speaker at South by Southwest Interactive 2018. McKelvey cofounded WeWork in 2010 with Adam Neumann in New York City. WeWork is a privately held company with more than 3,000 employees. It has more than 160,000 members worldwide and it currently has 170 locations in […]

ScaleFactor Lands $2.5 Million in Funding to Make Accounting Products for Small Businesses

ScaleFactor has a new twist on accounting products for small business. The Austin-based startup has created a finance and accounting platform that taps into machine learning to create more intelligent budgeting and forecasting information aimed at small business. On Thursday, ScaleFactor announced it had received $2.5 million in seed round financing from Next Coast Ventures, […]

Rollick Outdoor Lands $5.6 Million in Funding to Market Motorcycles, RVs, Boats and More Online

Rollick Outdoor announced Wednesday that it has raised $5.6 million in seed stage funding. The Austin-based startup plans to use the money to build an online marketing platform aimed at RV and boat retailers. It is launching in select markets including central Texas this year. It plans to use the funds to hire sales and […]

Six Tech Events in San Antonio to Attend This Week

San Antonio’s tech scene is on fire this week. The big event is Tech Bloc’s Rally@Rackspace on Thursday at Rackspace’s headquarters. It kicks off at 5 p.m. with a pre-program reception featuring food trucks, music, retro-gaming competitions, a Cosplay contest and complimentary drinks and event T-shirts. Then the main event takes place at the Rackspace […]

InnoTech Austin to Spotlight Artificial Intelligence, Blockchain Technology and More on Nov. 16th

In 2003, Austin’s tech industry looked much different than it does today. The dot com crash had led to many Internet startups failing and even established companies like Intel halted expansion plans here. But despite the upheaval in the industry, Sean Lowery, executive director of InnoTech Austin, saw the city’s potential for a rebirth of […]

Six Tech Events in Austin to Keep on Your Radar This Week

By LAURA LOREK Publisher of Silicon Hills News Austin is the kind of place that no matter what the hour of the day there is something fun and interesting to do in this city. And this week, in the tech community, there are so many activities going on that it will make a person’s head […]

Serial Entrepreneur Jan Ryan Advocates for Austin’s Creative Economy on Ideas to Invoices

Jan Ryan is a well-known advocate for women in the Austin technology community. She founded Women@Austin in 2013 after identifying a need for women to promote themselves and their companies in Austin. In October, Ryan joined the College of Fine Arts at the University of Texas at Austin in the new position of Director of […]

UT Austin Honors Inventor of the Year and Emerging Inventor of the Year

By LAURA LOREK Publisher with Silicon Hills News A crowd from the University of Texas at Austin of professors, staff, researchers and more turned out Thursday night at the AT&T Education and Conference Center in Austin to honor the UT Austin’s Inventor of the Year and Emerging Inventor of the Year. The annual event is […]

Facebook’s Sheryl Sandberg Advocates for More Women in Leadership Positions

By LAURA LOREK Publisher of Silicon Hills News The same leadership traits in men like decisiveness and ambition are often criticized in women, said Facebook’s Chief Operating Officer Sheryl Sandberg. Take those same traits and apply them to women of color and the discrimination is even worse, Sandberg said. “Women of color have all the […]

Facebook’s Sheryl Sandberg on How to Find Joy Again After Tragedy

By LAURA LOREK Publisher of Silicon Hills News Finding joy, being grateful and helping others are key to being resilient and living a fulfilling life, said Sheryl Sandberg, Chief Operating Officer of Facebook. One of the most important lessons Sandberg learned through adversity is gratitude. “Reminding ourselves of gratitude is so important,” Sandberg said. After […]

RAD Office Tour in Austin Takes Place on Nov. 4th

The RAD Office Tour is a one-day self-guided tour featuring 11 cool workspaces in Austin. The RAD Office Tour takes place on Saturday from 10 a.m. to 5 p.m. General admission tickets include tour stops at Bumble, Condé Nast Co/Lab, Favor, argodesign, Kammok, Handsome, GasPedal, and Soma Vida Wellness Coworking. VIP Only tour stops include […]

Contract Simply’s Will Mitchell on Pivoting and Building the Business, on Ideas to Invoices

In this episode of Ideas to Invoices, Will Mitchell, co-founder of Contract Simply, discusses how his startup pivoted from a consumer marketplace called Renovate Simply to a business to business enterprise software company for the construction and banking industry. The co-founders of Contract Simply spent last summer in Mountain View, California in the Y-Combinator program. […]

Why Austin is a top contender for Amazon’s HQ2

By DAVE MANZER ‎Founder of Manzer Communications in Austin Guest Post Let me just state for the record that I am not an economist nor an economic development professional with a chamber of commerce. Nor am I familiar with the different economic incentive packages (tax breaks and otherwise) that nearly 250 communities across the U.S., […]

Google Demonstrates its new Hardware Products at its Austin Office

Earlier this month, Google introduced its second generation of consumer hardware products, all made by Google. On Friday at its downtown Austin office, Google showed off its new Pixel 2 phone, Google Home Mini, Google Clips hands-free camera, Google Pixel Buds, and an updated Daydream View headset. The products harness advanced artificial intelligence to assist […]

SailPoint Files to Raise $100 Million in a Public Offering

SailPoint Technologies, founded in 2005, filed papers with federal regulators on Friday to raise $100 million in an initial public offering. The Austin-based cybersecurity firm has raised $26 million to date in venture capital and private equity funding. The company plans to use the proceeds of its offering to expand operations and add additional customers. […]

Austin Bids to Become Amazon’s Second North American Headquarters

“That’s right, you’re not from Texas, but Texas wants you anyway” to quote Lyle Lovett. And Austin wants the second Amazon headquarters. City leaders officially submitted Austin’s bid to Amazon on Wednesday, a day before the deadline. On Sept. 7, Amazon announced the Seattle-based tech giant was looking for a second North American headquarters, Amazon […]

Techstars Launches an Impact Accelerator Based in Austin

Techstars on Wednesday morning announced the launch of the Techstars Impact Accelerator, its first program aimed at for-profit startups that are tackling social and environmental problems. The accelerator will be based in Austin. Applications open in December. The program kicks off in June of 2018. Zoe Schlag, the program’s Managing Director. Since 2014, Schlag has […]

Austin Game Maker Certain Affinity Lands $10 Million Investment from Hong Kong Firm

Certain Affinity announced Monday Leyou Technologies Holdings Limited of Hong Kong has made a $10 million investment for a 20 percent stake in the Austin-based game development company. The international investment follows a $5 million investment in Certain Affinity by Capstar Partners, an Austin-based private investment firm. Under the agreement with Leyou Technologies, Certain Affinity […]

MassChallenge Texas Kicks off in Austin

By LAURA LOREK Publisher of Silicon Hills News MassChallenge Texas kicked off Monday evening with a big crowd at the Bullock Texas State History Museum in downtown Austin. “I want Texas to be the place where startups come to innovate,” said Mike Millard, managing director for MassChallenge Texas. The global accelerator is now accepting applications […]

Fostering Austin’s Global Connections During Austin Startup Week

By LAURA LOREK Publisher of Silicon Hills News Austin made a major push to cultivate relationships with other countries during the first International sessions at Austin Startup Week. Representatives from Australia, Colombia, Mexico, Pakistan, Ireland and the European Union made presentations at Capital Factory on Thursday. Capital Factory has had 20 international startups set up […]

AlertMedia Lands $8 Million in Funding

AlertMedia, a communication software provider, announced Wednesday that it has raised $8 million Austin-based Next Coast Ventures led the Series B round with continued investment from ATX Seed Ventures. To date, the Austin-based company has raised more than $17 million from investors including Silverton Partners and angel investors. AlertMedia plans to use the funds on […]

Content Creation for Entrepreneurs to Drive Engagement at Austin Startup Week #ASW2017

By LAURA LOREK Publisher of Silicon Hills News At Galvanize this morning, I presented Content Creation for Entrepreneurs to Drive Engagement. More than 180 people signed up for the presentation, which kicked off at 8 a.m. following last night’s Austin Technology Council’s Battle of the Bands. About half of those people showed up. And we […]

Austin Startup Week Kicks Off #ASW2017

It’s the Seventh Annual Austin Startup Week. Silicon Hills News started in September of 2011, the same month the first Austin Startup Week took place. Back then, the event was much smaller and the tech community in Austin was a whole lot smaller too. Austin Startup Week is still led by the two founders, Jacqueline […]

Trashbots Aims to Bring Inexpensive Robotics Kits to Students

By LAURA LOREK Publisher of Silicon Hills News In remote and impoverished areas of the world, teaching children science, technology, engineering, and math, or STEM skills can involve a lot of expensive resources. It requires computers, labs, buildings, high-speed Internet, power supplies, and pricey robotics kits with trained instructors. That’s a problem Rohit and Sidharth […]

Stephanie Breedlove, Co-founder of Homepay, Provides Entrepreneurial Advice on the Ideas to Invoices Podcast

Stephanie Breedlove founded Breedlove & Associates in 1992. She built the nanny payroll company into a multi-million-dollar business with more than 10,000 active clients. In 2012, acquired her company for $55 million and it became Homepay, according to an article in Forbes. Today, Breedlove is an angel investor with the Central Texas Angel […]

Ericsson Opens a 5G Design Center in Austin and is Hiring 80 Employees

By LAURA LOREK Publisher of Silicon Hills News Ericsson announced Thursday plans to open a design center in Austin with 80 employees by next June. The center is focused on microelectronics and creating products for the 5G telecommunications marketplace. “This R&D center will be one of our key centers when it comes to 5G ASIC […]

Adam Salamon with Next Coast Ventures, Discusses his Entrepreneurial Journey with Perk on the Ideas to Invoices Podcast

By LAURA LOREK Publisher of Silicon Hills News Adam Salamon is the first Entrepreneur in Residence at Next Coast Ventures, an Austin-based venture capital firm. Salamon most recently served as co-founder and chief operating officer of Perk Inc., a rewards and engagement platform that went public on the Toronto Stock Exchange. RhythmOne PLC acquired Perk […]

Iris Plans Lands $5.1 Million to Take the Pain out of Managing Long-Term Illness

By LAURA LOREK Publisher with Silicon Hills News For Dr. Stephen Bekanich, treating long-term illnesses early on with advance care planning is a personal mission. Dr. Bekanich’s grandmother had metastatic breast cancer and his grandfather had dementia. “Even as a physician I felt ill prepared to be able to take them through this,” Dr. Bekanich […]

TrustRadius Raises $5.5 Million in Venture Capital

TrustRadius, founded in 2012, announced Wednesday it has raised $5.5 million in additional funding for its technology review platform. The Austin-based company reported LiveOak Venture Partners led the Series B round with participation from existing investor Mayfield. To date, TrustRadius has raised $13 million. In addition to the funding, the company added Bill Macaitis, former […]

Next Coast Ventures Adds Two Technology Venture Partners and its First Entrepreneur in Residence

Next Coast Ventures announced Wednesday that it is has added two technology venture partners and its first entrepreneur in residence. The Austin-based venture capital firm has added Paul Rogers and Jim Dunham as Technology Venture Partners, which will serve as mentors to the firm’s tech entrepreneurs in its portfolio and advisers to the fund’s leadership. […]

Google Unveils its new Office in Downtown Austin

BY LAURA LOREK Publisher with Silicon Hills News From the outside, 500 W. 2nd street might look like any new skyscraper in downtown Austin. But inside, it’s got that Google flair with scooters in the lobby, a swing, balance boards, a ceiling made of recycled canoes, an Airstream trailer food truck, outdoor movie theater, dog […]

The Zebra Lands $40 Million in Venture Capital and Hires Keith Melnick as CEO

The Zebra, an insurance comparison marketplace, announced Tuesday that is has closed on $40 million in financing and hired Former Kayak Executive Keith Melnick as its new Chief Executive officer. The Austin-based startup reported Accel Partners led the Series B financing round, the largest Texas Series B financing this year. Melnick, former president of travel […]

Sputnik ATX Launches an Incubator/Accelerator in Austin Aimed at Helping Startups Scale

By LAURA LOREK Publisher of Silicon Hills News Sputnik ATX is one of Austin’s newest startup incubators and accelerators. “We’re in a bit of a stealth mode right now,” said Oksana Malysheva, President, and CEO of Linden Education Partners and CEO of Sputnik ATX. Sputnik ATX, which fashions itself after a Y-Combinator incubation model, will […]

Andrea Kalmans, Principal of Lontra Ventures, Talks Tech Investing on Ideas to Invoices

By LAURA LOREK Publisher with Silicon Hills News Andrea Kalmans, a principal with Lontra Ventures, is a force in the Austin and San Antonio technology community. She spends her time mentoring entrepreneurs and working with technology startups. In this episode of Ideas to Invoices, Kalmans, an angel investor, discusses how she has seen Austin change […]

MassChallenge Texas Launches with Plans to Work With up to 100 Startups

MassChallenge, a global network of network of startup accelerators, announced Wednesday plans to launch its new program in the Austin and San Antonio region. The Austin-based nonprofit accelerator will work with up to 100 startups that will compete for up to $500,000 in equity-free cash awards. The MassChallenge Texas accelerator program is “supported by a […]

Partners of the RealCo Seed Fund Program in San Antonio talk Entrepreneurship on Ideas to Invoices

The RealCo Seed Fund Program, founded in January at Geekdom, is helping business to business startups succeed. “We are vested in their success,” said Teresa Evans, a partner in the RealCo Seed Fund Program. The goal is to help the companies scale and get to a point where they can raise a Series A round […]

Experts Say Mass Adoption of Augmented and Virtual Reality is Many Years Away

By LAURA LOREK Publisher of Silicon Hills News It’s going to take the mass consumer market years to catch up to all the innovation in the augmented reality and virtual reality marketplace, according to a panel of experts at the University of Texas at Austin on Thursday. One of the challenges for virtual reality and […]

A Skills Gap Exists Between What Colleges are Teaching and What the Technology Industry Needs

By LAURA LOREK Publisher of Silicon Hills News A huge gap exists between what colleges are teaching students and what a company like Apple needs, an Apple executive said Thursday. “I don’t consider myself an expert on education technique, what makes great curriculum or any of that. I’m sort of like a big user of […]

Austin-based Favor Raises $22 Million in Funding

The Austin-based on-demand delivery service, Favor, announced Thursday that it has reached profitability and raised $22 million in venture funding. S3 Ventures led the Series B financing round, which included existing investors. “Scaling a high-touch, hyper-local logistics business is no easy task, and all the credit goes to our team’s relentless focus executing on our […]

LiveOak VP and Telestax Discuss Early Stage Technology Investing in Austin on the Ideas to Invoices Podcast

In 2010, LiveOak Venture Partners saw a vast opportunity in the Austin and Texas market for early stage technology entrepreneurs. “But there was not as much capital available as many of the local entrepreneurs would attest to,” said Krishna Srinivasan, general partner with LiveOak VP. So, in 2013 to 2014, Srinivasan and his partners raised […]

In the Aftermath of Hurricane Harvey, Businesses and Individuals Donate Millions to Help with Relief Efforts

Hurricane Harvey hit South Texas hard and with billions of dollars in losses, it is proving to be one of the costliest natural disasters in our nation’s history. Houston, Beaumont, and the Port Arthur area received more than 50 inches of rain in a short amount of time flooding many houses and businesses and wreaking […]

Chris Burney with the San Antonio Angel Network Discusses Angel Investing on Ideas to Invoices

By LAURA LOREK Publisher of Silicon Hills News San Antonio has always had angel investors but it hasn’t had a formal network for a while, but a year ago that changed with the formation of the San Antonio Angel Network. “A group of local investors, visionaries, entrepreneurs got together and hatched the idea that San […]

Michael and Susan Dell Pledge $36 Million to Help Rebuild Texas Following Hurricane Harvey

Michael Dell, chairman, and CEO of Dell Technologies announced in a post on Facebook Friday plans to donate $36 million to a fund to Rebuild Texas. “We must rebuild the Texas communities devastated by Hurricane Harvey together,” Dell wrote. On Friday, Michael and Susan Dell launched the Rebuild Texas Fund with Gov. Greg Abbott and […]

Peachtree Software Founder and Serial Entrepreneur Ben Dyer on Ideas to Invoices

By LAURA LOREK Publisher of Silicon Hills News Embrace the big idea and do a big fat startup, Ben Dyer, successful entrepreneur and mentor, advises new entrepreneurs. In the last six and a half years, Dyer has seen at least 10,000 startup plans since he’s been in Austin. The free beer app is not a […]

Bunker Labs and Irreverent Warriors in Austin and Other Veterans Mobilize to Rescue People Following Hurricane Harvey

On Monday morning following the landfall of Hurricane Harvey, Johnathan Wojtewicz headed to Houston in his truck towing a Jet Ski equipped with a boat deck capable of rescuing nine to ten people and animals. But on the way to Houston, he ended up rescuing about 40 people stranded in their vehicles along the highway […]

Texas Guadaloop and 512 Hyperloop Compete this Weekend at SpaceX Hyperloop Competition II

Earlier this month, in the basement of the Ernest Cockrell Jr. Hall at the University of Texas at Austin campus, James McGinness worked with his team to put the final touches on a transportation pod for Texas Guadaloop. McGinness, team lead for Texas Guadaloop, graduated with his Masters in Mechanical Engineering from UT in May […]

Emma Takes Email Roadshow to Austin

Email is still the backbone of an effective marketing campaign, said Karen Gragg, vice president of marketing at Emma. Marketers report email generates the most return on investment with a 47 percent return, compared to the next highest platform, social media, with a 19 percent return, according to Gragg. Emma held an event Thursday afternoon […]

Apple’s CEO Tim Cook Visits Austin and Announces New Training Program with Austin Community College

At Capital Factory Friday morning, Apple CEO Tim Cook announced a new partnership with the Austin Community College District to offer its App Development with Swift curriculum to students. The program, which Apple is rolling out at more than 30 community colleges nationwide, allows students to learn app development skills that will prepare them for […]

Capital Factory’s Women in Tech Summit Examined Ways to Improve Austin’s Tech Industry

By LAURA LOREK Publisher of Silicon Hills News The technology industry has a problem. Its workforce isn’t diverse enough. That means not enough women and not enough people of color, but it also means not enough people of varying ages, faith, sexual orientation, disabled, military veterans and other differentiators. Why is that important? Because studies […]

Women Entrepreneurs are Key to Economic Growth in the U.S.

By LAURA LOREK Publisher of Silicon Hills News “Entrepreneurship is essential to our standard of living and economic growth,” said Stephanie Breedlove, co-founder of Homepay. “Entrepreneurs create new wealth and new jobs,” Breedlove told several hundred people attending Capital Factory’s Women in Tech Summit Wednesday afternoon in downtown Austin. Yet entrepreneurship has been shrinking […]

Polygraph Media is Disrupting the Advertising Industry through Data and Analytics

Chris Treadaway doesn’t chain smoke or drink cocktails all day at his office at WeWork at the Domain. But he is living a Modern-Day version of Mad Men, the AMC TV series that dramatized the lives of ad men in the 1960s at a fictional New York advertising agency. Today, Treadaway is involved in the […]

11 Startups Join DivInc’s Latest Accelerator Program

In 2016, Preston James, Ashley Jennings, and Dana Callender founded DivInc to bring greater entrepreneurial diversity to Austin’s technology industry. The 12-week accelerator program, based at Capital Factory, has graduated two cohorts so far and made a big impact on providing women and minorities with greater access to mentors, funding, partnerships and the overall inner […]

Vyze Lands $13.1 Million in Venture Capital

Vyze, a cloud-based financial technology company, has raised $13.1 million in venture capital to accelerate its growth and expand into new markets. Austin Ventures with additional investment from Fathom Capital and Starvest Partners led the Series C financing round. The company, founded in 2008, has raised $48.1 million including the latest funding round. As part […]

Austin-based Press Raises $500,000 in Seed Funding to Expand On-demand Laundry and Dry Cleaning Service

Nobody likes to do laundry. But we all need clean clothes and many of us are too busy to fetch our dry cleaning and laundry. That’s where Austin-based Press comes in. The startup, based at Capital Factory, just raised $500,000 in seed stage funding to expand its business. The company, which began as a Longhorn […]

uShip Unveils Bright, Inviting New Corporate Headquarters

By LAURA LOREK Publisher of Silicon Hills News Heather Hoover, executive vice president of operations at uShip, joined the company in 2005, a year after its founding. At the time, uShip, the online shipping marketplace and freight automation software provider, didn’t have a formal office. Nick Parker, chief technology officer at uShip, and the founders […] Acquires Interviewed

Indeed, a global job site based in Austin announced it has acquired Interviewed, a human resources technology company based in San Francisco. “Indeed’s mission is to help people get jobs, and today we make it easy for millions of job seekers to find and apply to jobs all over the world,” Chris Hyams, president of […]

True Wealth Ventures’ Sara Brand and Kerry Rupp Seek to Change the Landscape of Venture Capital Investing

The general partners of True Wealth Ventures want to see more female led companies get venture capital investment. And they want to see more female venture capitalists making investments in the industry. The $20 million True Wealth Ventures fund invests in women led companies in the sustainable consumer and consumer health industries. Sara Brand and […]

Austin Tech Alliance Hosts its First Tech Town Hall at WeWork Domain with District 7 Council Member Leslie Pool

The biggest challenge for Austin and the Texas Legislature is tackling school finance, according to Austin District 7 Council Member Leslie Pool. “More than half of the property taxes that are paid by Austin homeowners, commercial properties and businesses go back to the state under recapture,” Pool said. That’s more than $400 million this year […]

Five Events to Attend in San Antonio This Week

TUESDAY – The Future of Work Panel discussion at Geekdom put on by Freelance Conference. The panel discussion kicks off at 3 p.m. and runs until 4:30 p.m. at the Geekdom Events Centre at 131 Soledad Street, San Antonio. Register here. WEDNESDAY – Second Annual Coding Challenge Luau starting at 6:30 p.m. at the Geekdom […]

Five Events to Attend in Austin This Week

It may be the heart of the summer and the Texas heat is going strong, but that doesn’t mean technology activity has slowed down in Austin. Silicon Hills News has highlighted five events to attend in Austin this week. TUESDAY– WeWork and the Austin Tech Alliance will host a tech town hall meeting with Councilwoman […]

Vast’s John Price Talks About the Evolution of Austin’s Technology Industry on Ideas to Invoices

John Price went to the University of Texas in the early 1980s before there was a tech scene in Austin. He left for a job at Shell and ended up in Silicon Valley. But he always wanted to return. Price spoke about the evolution of Austin’s technology industry with Silicon Hills News for its Ideas […]

Austin-based Telestax Lands $4.7 Million in VC Funding

Telestax announced this week it has raised $4.7 million in funding. Austin-based LiveOak Venture Partners led the funding round. The company plans to use the money on product development, customer support and marketing. “We are thrilled to bring Telestax into our portfolio of promising companies. The exceptional team, high-value technology and resulting customer adoption of […]

Investor and Entrepreneur Michael Girdley Featured on Ideas to Invoices Podcast

Michael Girdley, an entrepreneur, and investor, is one of the people actively working to establish San Antonio as a technology hub. Girdley, who earned a computer science degree with honors from Lafayette College, worked as a programmer in Silicon Valley. He is also the author of several books on Java programming with a focus on […]

Seven Austin Entrepreneurs Win Big at WeWork Creator Awards

In the first ever Austin WeWork Creator Awards, seven Austin entrepreneurs won $845,000 in financial grants and now head to New York City fo the final event. The biggest winner, GrubTubs, took home $360,000 in the scale category, the top prize at the event held at Austin City Limits Live at Moody Theater Tuesday night. […]

Austin-based Mood Media Completes Deal to Become a Private Company

Austin-based Mood Media Corp. announced Wednesday its acquisition by several investors including Apollo Global Management and GSO Capital Partners. Mood Media, the parent company of Muzak, is now privately-held and its stock will no longer trade on the Toronto Stock Exchange. The investors paid 17 cents per share Canadian for Mood Media’s stock. The deal […]

AT&T Launches Second Trial of its Ultra-Fast 5G Network in Austin

AT&T on Tuesday announced the second trial of its ultra-fast 5G network throughout more locations in Austin. Last year, the Dallas-based company completed the industry’s first wireless 5G business customer trial in Austin. The company’s second trial delivers “an ultra-fast internet connection to residential, small business and enterprise customers using Ericsson’s 5G RAN and the […]

Artificial Intelligence Startup SparkCognition Closes on $32.5 Million

Austin-based SparkCognition, a startup focused on artificial intelligence, announced Monday that it has closed on $32.5 million in funding. Verizon Ventures led the Series B funding round with participating from The Boeing Company, through its Boeing HorizonX unit. “SparkCognition has pioneered the use of artificial intelligence to bring unparalleled advancements to many of the world’s […]

HomeAway to Expand to a new 16-Story Office Tower in The Domain

Austin-based HomeAway announced it has signed a lease to occupy a new 16 story office tower in The Domain in the first quarter of 2019. The vacation rentals company reports the new 315,000 square foot location will be able to accommodate more than 2,000 employees. “As a global company headquartered in Austin and as the […]

11 Austin Individuals, Companies and Nonprofit Organizations Chosen to Compete at WeWork’s Creator Awards

This week, WeWork announced 11 Austin companies have been selected as finalists for The Creator Awards South Regional Final, which will be held next week at ACL Line. WeWork selected the finalists from more than 2,000 applications from all across the south. The event is Tuesday, June 27 at ACL Live at The Moody Theater, […]

Medici’s Founder Clinton Phillips Talks About Disrupting the Healthcare Industry on Ideas to Invoices

A Native of South Africa, Clinton Phillips, a serial entrepreneur, recently founded Medici, a HIPAA-complaint telemedicine app, in Austin and raised more than $24 million in venture capital funding. Previously, Phillips founded and ran Aspen-based Aspen Back & Body, physical rehab clinic, that he sold to Laser Spine Institute. And Phillips founded another medical advice […]

UT Austin Spinout Startup GenXComm Lands $1.5 Million in Seed Funding

One of the latest startups to spin out of the University of Texas at Austin, GenXComm has received a $1.5 million seed round of financing. The Austin-based startup is focused on doubling the amount of traffic a wireless network can handle. Its patent-pending technology is called S-SIX. FAM Capital Partners led the investment with investments […]

The Movie “For Here or to Go?” Depicts the Plight of H1-B Visa Workers in the U.S.

Rishi Bhilawadikar created the movie, “For Here or to Go?” to tell the story of H1-B Visa workers in the U.S. living in limbo. He knows the story firsthand. For 12 years, Bhilawadikar, a native of India, has been in the U.S. first under a graduate student Visa at Indiana University and later as a […]

Culture can Make or Break a Technology Company

By LAURA LOREK Publisher and reporter with Silicon Hills News Creating a great company culture isn’t just about having perks like free lunches, Ping Pong tables, and nap rooms. “They are important in a sense,” said Courtney Branson, head of culture at Square Root in Austin. “Having a Ping Pong table does bring people together […]

Amazon to Buy Austin-based Whole Foods Market for $13.7 Billion

Amazon announced Friday plans to buy Austin-based Whole Foods Market in a deal valued at $13.7 billion. “Millions of people love Whole Foods Market because they offer the best natural and organic foods, and they make it fun to eat healthy,” Jeff Bezos, Amazon founder, and CEO said in a news release. “Whole Foods Market […]

Procore Technologies Hosts Summer Solstice Kick-Off Party for Austin Tech Community

Procore Technologies, which makes construction management software, is hosting a Summer Solstice Kick-Off party next Thursday. And you’re invited. The event takes place at Procore’s Austin office at 221 W. 6th Street on the 18th floor starting at 5:30 p.m. It features light dinner and drinks, but you must RSVP. “It’s not often that we […]

Eagle Eye Networks Buys Panasonic Cloud Management Service and Expands into the European Market

Since launching in 2012, Eagle Eye Networks has become the largest cloud-based video surveillance provider in North America. It’s also the largest cloud-based video surveillance provider in Asia. And now, it’s set its sights on becoming the largest cloud-based video surveillance provider in Europe. On Thursday, Eagle Eye Networks announced the acquisition of Panasonic Cloud […]

John Berkowitz, Yodle and OJO Labs Co-Founder Discusses Building Companies on Ideas to Invoices

In 2005, John Berkowitz was getting ready to graduate from George Washington Unviersity and was exploring what to do with his life. His childhood friends, Ben Rubenstein and Nathaniel Stevens, convinced him to join them in building Yodle, a provider of online advertising and marketing services to small businesses. Eventually, they grew Yodle into a […]

Cognitive Scale Gets $15 Million in new Venture Funding and Partners with USAA

CognitiveScale announced Tuesday that is has received an additional $15 million in venture capital for product development of its augmented intelligence products. Norwest Venture Partners, Intel Capital, Microsoft Ventures, the Westly Group and USAA provided the investment. To date, the Austin-based startup has raised $50 million. “We are excited about the future AI-enabled enterprise, and […]

Can Adding a Healthcare Plan Save You Money? Vista360Health Says Yes, If Done Right

If you’re an entrepreneur, you know getting a small start-up operation successfully up and running requires a watchful eye on the bottom line. Maybe you can spring for a ping pong table in the snack room, but you can’t imagine footing the bill for health insurance for you, your employees and families. You might be […]

Geekdom Fund Raises $20 Million for Seed Stage Tech Investments

The Geekdom Fund, based in San Antonio, announced this week it has closed on a $20 million fund, its largest fund to date. Previously, the Geekdom Fund raised nearly $3 million to invest in early stage tech startups. Since then, the fund has invested in Chowbotics, a Redwood City, Calif.-based startup creating robots for commercial […]

The Process of Restructuring at The Daily Dot

By Nicholas White Co-Founder, Editor-in-Chief and CEO of The Daily Dot Reprinted with permission from ATLAS, a quarterly publication on entrepreneurs from Acton School of Business If you don’t live by your values even when doing so can hurt you, then you don’t really have values. I don’t remember where I first read that, but […]

Digital Pharmacist Raises $6.5 Million

Digital Pharmacist announced Tuesday that it has closed on a $6.5 million round of financing. Activate Venture Partners, based in New York, and LiveOak Venture Partners in Austin led the Series B financing round. The Austin-based startup plans to use the money on marketing and product development. Digital Pharmacist, founded in 2012, provides digital, communications […]

Everfest Raises $3.6 Million in VC Funding

Everfest, a festival aggregation and promotions site, announced this week it has raised $3.6 million in funding. Live Nation co-led the series A round along with ATX Seed Ventures. Other investors included Red Frog Events, Chip Conley and Bob Kagle. The company plans to use the funds to hire key employees and on product development […]

Chris Taylor Built Square Root into a Thriving Software Company in Austin with no Outside Investment

By LAURA LOREK Publisher and Reporter with Silicon Hills News As a kid growing up in rural West Virginia, Chris Taylor launched his first entrepreneurial venture, ranching turtles. In the summertime, he would capture turtles from the woods and create a “Turtle Ranch” that people would pay $1 to visit. At the end of the […]

Gov. Abbott Signs Law Governing Uber, Lyft and Other Ride Hailing Companies in Texas

Governor Greg Abbott on Monday signed House Bill 100 which provides statewide regulation of popular ride-hailing companies. And Lyft and Uber both began providing rides in Austin once again. The law is effective immediately. It overrides local laws passed by cities like Austin to govern ride hailing companies. “Texas has longtime been the home for […]

17 Companies Named Winners of the 2017 Austin A-List of the Hottest Startups

By LAURA LOREK Publisher and Reporter with Silicon Hills News More than 800 people turned out Thursday night at ACL Live at the Moody Theater to celebrate 17 companies that made the Austin Chamber’s 2017 Austin A-List of the Hottest Startups. “In many ways, A-List is a lot like SXSW in that it helps shine […]

Uber and Lyft Announce Plans to Return to Austin on Monday

Uber and Lyft, the ride hailing companies, that rode off into the sunset a year ago when they couldn’t reach agreement with local officials, have announced plans to return to Austin on Monday. “Austin is an incubator for technology and entrepreneurship, and we are excited to be back in the mix. Our local team is […]

Billionaire Mark Cuban Leads $1.5 Million Investment into Austin-based Meta SaaS

Billionaire Mark Cuban is leading a $1.5 million seed round investment into Austin-based Meta SaaS, which runs a platform for managing software as a service subscriptions for companies. The startup announced the investment this week which also includes Bazaarvoice and Founder Brett Hurt and participation from Barracuda Networks, Capital Factory, Deep Space Ventures and […]

Opcity and Yodle Co-Founder Ben Rubenstein Recounts his Entrepreneurial Journey on Ideas to Invoices

By LAURA LOREK Publisher and Reporter with Silicon Hills News At a funding pitch to a venture capitalist, Ben Rubenstein, co-founder of Yodle sketched out a business plan on a napkin. He showed the potential investor how Yodle was going to raise millions to capture the small to medium sized business market as customers for […]

Austin Chamber to Host the 2017 A-List Hottest Startup Awards

Austin is known for innovative startups. And the Austin Chamber of Commerce shines a spotlight on the best and brightest every year at its annual A-List Of Hottest Startups Awards. The event, which takes place next Thursday from 4:30 p.m. to 7:30 p.m. at ACL Live at the Moody Theater, is one of the city’s […]

Texas May Soon Have a Statewide Law to Regulate Ride Hailing Companies Like Uber and Lyft

A bill that would let the state of Texas govern transportation network companies like Uber and Lyft passed the Texas Senate this week and is now awaiting Gov. Greg Abbott’s signature to become law. Texas HB 100 would regulate all transportation network companies, also known as ride hailing companies, operating in Texas and require them […] Launches App for Real Time Customer Feedback Online this week officially launched its app that lets companies remotely moderate conversations online with customers in a few simple and easy steps. The Austin-based startup is aiming the product at the design and research community that wants to improve website performance and other products. The cloud-based subscription service provides fast and easy feedback from […]

Techstars’ Jason Seats Recounts Lessons From his Entrepreneurial Journey on the Ideas to Invoices Podcast

In 2006, Jason Seats joined his college friend Matt Tanase to found Slicehost in St Louis. Two years later, they sold Slicehost, a cloud computing hosting provider aimed at developers, to San Antonio-based Rackspace for millions. This week on the Ideas to Invoices podcast, Seats recounts how he built Slicehost with Tanase into a thriving […]

Google Buys Austin-based Owlchemy Labs

Google announced Wednesday in a blog post that it has acquired Austin-based Owlchemy Labs, a virtual reality game developer. “Together, we’ll be working to create engaging, immersive games and developing new interaction models across many different platforms to continue bringing the best VR experiences to life,” according to the Google blog post. The financial terms […]

Opcity Raises $27 Million to Expand its Real Estate Technology Platform and Plans to Hire 200 Employees in Austin

Opcity, which has created a data and analytics driven technology platform for real estate agents and brokers, Wednesday announced it has raised $27 million in funding. Icon Ventures, based in Silicon Valley, led the Series A round with participation from Georgian Partners and LiveOak Venture Partners. As part of the funding deal, Tom Mawhinney, of […]

Dropoff Raises $8.5 Million to Expand is Same Day Delivery Service Nationwide

Dropoff, the same day delivery service, announced this week it has raised $8.5 million in additional funding. The Austin-based startup, founded in 2014, plans to use the money to expand to 35 additional markets in North America, according to a news release. Last week, Dropoff announced it had entered three new markets: San Diego, Fort […]

NarrativeDX Raises Venture Capital for its Artificial Intelligence Platform Aimed at Healthcare Providers

NarrativeDX, an artificial intelligence platform that lets healthcare providers communicate with patients, announced Tuesday it has raised a round of funding. The Austin-based startup, founded in 2014, didn’t reveal the funding amount but reported it was led by LiveOak Venture Partners, Cultivation Capital and HealthX Ventures. Last year, in a profile on the company by […]

eRelevance Lands $5.1 Million in Venture Funding to Expand its Marketing Platform Aimed at Small Businesses

Austin-based eRelevance Corp, which makes a marketing platform for small to medium sized businesses to engage customers, Tuesday announced it has closed a $5.1 million round of funding. The company, founded in 2013, plans to use the funds to accelerate its growth by hiring more sales and marketing staff and to further develop its marketing […]

Silicon Hills News Launches on Patreon

By LAURA LOREK Reporter with Silicon Hills News Plato said: “Those who tell the stories rule society.” That is why fake news is so harmful to everyone. At Silicon Hills News, the news is real. For the past six and a half years, I’ve worked without a paycheck to bring technology news to the people […]

IT Security Company Lepide Selects Austin for its Global Headquarters

Lepide announced Wednesday that it has selected Austin for the site of its new global headquarters. The company, founded in 2005, also has offices in London and New Delhi and employs 236 people worldwide. It expects to have more than 50 people in its Austin office located at 600 Congress Avenue within the next 18 […]

EverlyWell Lands $2 Million More in VC Funding

EverlyWell, the Austin-based healthcare testing platform, announced Wednesday that it has received $2 million more in venture capital funding. The company, founded two years ago by Julia Cheek, the company’s CEO, has received $5 million in total funding. NextGen Venture Partners led the round with participation from Jack Novak, SoGal Ventures, Full Tilt Capital and […]

Bitfusion Lands $5 Million in VC Funding

Bitfusion, an Austin-based startup, announced Tuesday that it has received $5 million in venture capital funding. Vanedge Capital led the Series A round with participation from new investor Sierra Ventures and existing investors Data Collective, Resonant VC and Geekdom Fund. Bitfusion, which participated in the 2015 Techstars Cloud program in San Antonio, makes specialized software […]

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, […]