Internet Pioneer Bob Metcalfe Celebrates Ethernet’s 46th Anniversary

Ethernet’s 46th anniversary is Wednesday, May 22nd and on this occasion, Silicon Hills News has done a special edition Ideas to Invoices podcast with Bob Metcalfe, founder of Ethernet. Metcalfe is also professor of Innovation at the University of Texas at Austin. On Tuesday morning, he spoke to Silicon Hills News on the outdoor deck […]

The Austin Technology Incubator Celebrates its 30th Anniversary

When the Austin Technology Incubator launched in 1989, Austin was a much different city. Austin had one of the highest commercial vacancy rates in the country. Its economy struggled to recover after the Savings and Loan Crisis. The technology industry was in its infancy. Thanks to ATI, the longest running incubator in the country, Austin […]

Hypergiant Aims to Dominate the AI Industry on Earth and in Space

By LAURA LOREK, publisher of Silicon Hills News At Hypergiant’s Austin headquarters, Ben Lamm, CEO, and Co-founder takes to the conference room’s whiteboard to explain its structure and expansion plans. Hypergiant launched out of stealth mode in February of 2018 and has been growing steadily with 140 employees in Austin, Dallas, Houston, and Seattle. Its […]

SKU Graduates 7 Consumer Goods Startups

Startup activity for the consumer packed goods industry in Austin is booming. That was evident as the seventh cohort of the SKU Accelerator did their pitches for Demo Day at Native Hostel Tuesday night. It was a standing room only crowd as Bhoomi Cane Water, Grocery Pup, LAMIK, Pure Active CBD, MODEQ, PickleSmash and YVY […]

MassChallenge Texas Selects 74 Startups for its Austin Accelerator

MassChallenge Texas announced it has accepted 74 startups into its latest program in Austin which kicks off in June. The startups hail from five countries, 14 states and five industries, said Mike Millard, managing director of MassChallenge Texas. The largest industry represented is high tech which comprises 42 percent of the startups, followed by general […]

Austin Tech Events to Attend in May

May 1-2 FUND Conference When: May 1st and May 2nd Where: Fairmount Hotel in Downtown Austin Why: FUND Conference hosts an event in Austin annually to promote connections among entrepreneurs, VCs, angel investors, and industry experts. It features panel discussions on a variety of topics, exhibits, and networking. For more info. May 2nd Austin Tech […]

A Cloud Guru Raises $33 Million

 A Cloud Guru announced Monday that it has closed a $33 million growth equity investment. Summit Partners led the round with participation from AirTree Ventures and existing investor Elephant. A Cloud Guru, which provides online cloud computing training and talent development, will use the funding to add new employees, expanding its content library with new courses and […]

Upland Software Acquires PostUp for $35 Million

Upland Software of Austin announced recently that it has acquired PostUp, an Austin-based email marketing company for $35 million. Upland, which makes cloud-based enterprise work management software, reported that PostUp “is an important addition to Upland’s Customer Experience Management solution suite.” And the acquisition will add approximately $11 million in annual revenue to Upland. Joshua […]

Austin-based KERV Interactive Raises $11 Million in Funding

KERV Interactive, an Austin-based video ad startup, has raised $11 million in funding. Vestech Partners, a private equity group, led the investment. KERV has created interactive video technology that helps brands engage with consumers. Its customers include eBay, Hewlett-Packard, LG Electronics, Fisher & Paykel, and Lamborghini. “KERV represents the next generation of consumer experience in […]

Atmosphere, a Spinout of Chive Media, Raises $10 Million for its TV Platform for Bars and Restaurants

Atmosphere, a TV entertainment platform spun out of the Chive Media Group, announced this week that it has raised $10 million in funding. The Austin-based startup plans to use the funding to further the distribution of its TV platform, on technology, data and monetization, according to a news release. Atmosphere is like a Netflix-type platform […]