IBM Shines a Spotlight on Millennial Entrepreneurs


By LAURA LOREK Reporter with Silicon Hills News IBM put five startups run by millennial entrepreneurs in a house on Lake Travis in Austin this week to work on their ventures. “They went through a five day accelerator,” said Amber Armstrong, program director of IBM Social Business in Austin. During the week, the teams had […]

HomeAway Reports First Quarter Loss and Company Reorganization


HomeAway announced its earnings on Thursday along with a company reorganization. The Austin-based vacation rental company reported a net loss of $2.1 million or two cents per share for the first quarter of 2015, compared to profit of $4.4 million or 5 cents per share for the same quarter a year ago. The company blamed […]

Datical Snags $2.25 Million More in Funding


Datical, a database management company, announced Thursday that it has received an additional $2.25 million in funding. That brings the Austin-based startup’s total Series A round to $5.9 million. The company previously closed on $3 million in Series A funding in December of 2013. Mercury Fund led the latest round with participation from Austin Ventures […]

Loop & Tie Selected for National Association of Realtors’ REach Accelerator


Second Century Ventures has selected Loop & Tie and six other organizations for its 2015 class of REach, a growth technology accelerator program. Second Century Ventures is the investment arm of the National Association of Realtors. The class, which is focused on the real estate and related industries, officially kicks off this week. It provides […]

The Portugal and Austin Tech Connection


A delegation of business leaders from Portugal is in Austin this week to study the city’s technology startup ecosystem. The IC2 Institute of the University of Texas at Austin is hosting the group of 40 people, which includes Portuguese companies, incubators, venture capitalists and angel investors. On Wednesday, the group visits Tech Ranch, the Austin […]

Mark Cuban’s Tips to Succeed


Billionaire Mark Cuban, owner of the Dallas Mavericks, star of Shark Tank and co-founder of Cyber Dust, recently spoke at the University of Texas at Austin. He gave advice to college students on how to successfully manage their academic life and their careers. But the advice could equal apply to anyone at any stage of […]

Austin Seeks to Become a Hub for the Space Industry


By LAURA LOREK Reporter with Silicon Hills News The end of NASA’s space shuttle program was the beginning of the commercial space age and the race to Mars. The Texas Space Economy Initiative seeks to cultivate that industry and Austin wants to serve as the hub of innovation in the new space race. In January, […]

Seismos Gets $4 Million in Funding


Seismos, a data analytics company for the oil and gas production, has received $4 million in funding. The Austin-based company plans to use the funds on marketing and engineering. Javelin Venture Partners led the funding round with participation from Osage University Partners and other oil and gas technology-focused investors. As a result of the deal, […]

Ortho Kinematics Lands $9.6 Million in Funding


Ortho Kinematics, a spine imaging diagnostics company, announced Tuesday it has closed on $9.6 million in Series C funding. The Austin-based company plans to use the money to expand sales and marketing of its flagship product, Vertebral Motion Analysis. It also plans to use the funds for limited research and development activities. The investors in […]

Austin Ranks as One of the Strongest Markets for Tech Talent Growth

Austin downtown skyline, bridge, lake, and fall trees

Austin ends up on a lot of top 10 lists and now it’s ranked No. 9 on its ability to attract and grow tech talent, according to a new CBRE Research report “Scoring Tech Talent.” The ability to retain and grow tech talent and that clustering effect leads to big demand for office space in […]