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 realtor.com 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 Woot.com, 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 […]