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

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

Alamo Angels Names Kim Biffle as its new Executive Director

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

Austin Tech Events to Attend in June

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

Austin-based SmartDog Services Acquired by Apps Associates of Boston

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

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

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

FloSports Lands $47 Million in Venture Capital Funding

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

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

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

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

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

Entrepreneurs Find More Success with a Purpose-Driven Business

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

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

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