USAA Plans to Expand Downtown San Antonio Office and Open an Austin Office

The Freedom Torch inside USAA's main headquarters in San Antonio.

In 1922, 25 U.S. Army officers founded USAA to insure each others’ automobiles. Today, USAA is the second largest private employer in San Antonio with 17,000 employees, only eclipsed by another homegrown company, H-E-B, according to the San Antonio Economic Development Foundation. USAA also occupies one of the nation’s largest office buildings at its main […]

Wingz Launches Peer-to-Peer Ride Service in Austin

Photo courtesy of Wingz

San Francisco-based Wingz announced it has launched a peer-to-peer ride service in Austin with a focus on providing rides to and from the airport. Wingz allows customers to pre-book a driver to take them around town at a flat rate, surge-free price, according to a news release. The rides start with a minimum price tag […]

eyeQ Gets $3.5 Million in Venture Capital

Michael Garel, CEO of eyeQ, courtesy photo.

EyeQ, a shopper intelligence platform, announced it has received $3.5 million in Series A funding. Align Capital, a new investor, led the round with participation from existing existing investors. As part of the deal, Lisa Harris, managing partner of Align Capital, joins eyeQ’s board of directors. The Austin-based startup plans to use the funds for […]

RideAustin Seeks to Fill the Void Left by Uber and Lyft

Photo courtesy of RideAustin

Austin tech leaders Monday announced a new ride-hailing service based on a nonprofit model. The service is called RideAustin and plans to rollout starting in June. It plans to expand its service to the entire city of Austin by the end of the year, according to information on its website. Joe Liemandt, founder and CEO […]

How Austin (and not Silicon Valley) is Changing VC/Tech Law

Jose Ancer is a Senior VC attorney at Miller Egan Molter & Nelson LLP and VC law blogger at Silicon Hills Lawyer.

In the startup community, it’s very well understood that bigger does not always mean better. In fact, bigger can often mean slower, more bureaucratic, and in many cases overly complex and expensive. Yet for all their focus on new business models and disruption, Silicon Valley startups are extremely conservative in their choices of law firms. […]

Genstar Capital Buys Austin-based Accruent

accruentlogo

Genstar Capital, a private equity firm, last week announced its acquisition of Austin-based Accruent, which makes real estate, facilities and asset management software. The financial terms of the deal were not disclosed. Accruent, founded in 1995 in California, had raised $32 million from two investors in two rounds, according to its Crunchbase profile. The company […]

Mozilla Gigabit Community Fund Expands to Austin

Mozilla

The Mozilla Gigabit Community Fund is expanding to Austin in August. The fund is a joint initiative among Mozilla, the maker of the Firefox web browser, the National Science Foundation and U.S. Ignite. Mozilla is providing $150,000 in grant funding to Austin projects and tools that use the city’s Google Fiber network. The projects might […]

Online Concierge Platform OnceThere Launches in Austin

OnceThere

On a vacation, booking a place to stay is just part of the adventure. OnceThere, an online concierge service, seeks to provide a platform for travelers to book their hotel or vacation rental along with activities and tours once they reach their destination. The Austin-based startup, founded in January of 2015, last week launched its […]

Naturally Caffeinated eBook on Austin Entrepreneurship Available to Download for Free

Steve Guengerich, courtesy photo.

By Steve Guengerich Special to Silicon Hills News I’m excited to announce that a revised and updated 2016 edition of the Naturally Caffeinated ebook is now available for download. (For the impatient among you, you can scroll to the bottom for the download link!) 2016 Edition Highlights Guest Contributors Whereas the original ebook was only […]

Bloomfire Lands $12.8 Million in Funding

Bloomfire's Austin headquarters, photo courtesy of the company.

Bloomfire, which makes a software platform for companies to share information, Thursday announced it has closed on $12.8 million in Series B funding from Austin Ventures. Bloomfire plans to use the funds to hire more people for its sales and marketing teams and on research and development of its platform. “This capital shows that Bloomfire […]