A bit of good news this week for San Antonio from the Milken Institute. San Antonio tops the list of best performing cities in 2011 out of 200 metropolitan areas surveyed. You can read more about it in Jennifer Hiller’s story in the San Antonio Express-News. Austin ranked fourth. But Austin continues to pump out most of the local tech news. San Antonio needs to attract more technology startups and venture funding.
And on that note, the Texas Entrepreneur Network put out a report this week that showed Austin dominates when it comes to startups receiving venture capital funding, according to this story by Lori Hawkins in the Austin American-Statesman.
More good news for Austin on the venture capital front. Texas Tech Pulse reports that Dell is launching a venture capital arm.
This story makes me want to sing “Why can’t we be friend, why can’t we be friends?” Samsung’s 1.6 million square foot nearly $4 billion memory chip factory in Austin is making the guts of the iPhone 4s and iPad 2. The Daily Tech has an interesting story on how Apple and Samsung are embroiled in a lawsuit and yet Samsung continues to pump out parts for Apple’s flagship products.
Got a bunch of snail mail that you wish you could put onto your tablet computer to sort through? No? Me neither. But a couple of entrepreneurs think it’s a problem and some venture capitalists agree with them. So Austin-based Outbox has landed $2.2 million to digitize all the stuff that comes into your mailbox and Lori Hawkins of the Austin-American Statesman has got the scoop.
Another California company relocated to Austin. This time it’s a manufacturer, Superconductor Technologies is relocating its corporate headquarters and opening up a plant in Austin.
And Bryan Mennel at AustinStartup has a post about 10 startups to watch in 2012 which includes InfoChimps, Appconomy, BlackLocus, Sparefoot, Mass Relevance and Famigo.
The Austin Post’s Scott Leighton reports on Austin-based Cinsay’s acquisition of LaunchFish of Dallas.
Rackspace’s CEO Lanham Napier was on the move last week. He travelled to Washington, D.C. to meet with Rep. Lamar Smith, R-Texas, who authored the Stop Online Piracy Act, known as SOPA. The bill has many supporters who say it protects copyright online and many critics who say that it threatens to bog down Internet Service Providers with costly regulations. Politico had a story on the legislation and mentioned Napier’s visit. Napier also visited CNBC to talk about the company’s growth during the past few years.