XOR Data Exchange Lands $1.8 Million in Funding

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XOR Data Exchange, a permission-based data exchange in Austin, announced this week it has closed on $1.8 million in funding. Chicago Ventures and KBC Capital led the round. In addition, Norm Willox, who previously founded and built the risk management and fraud analytic business for Lexis Nexis and now serves as founder and CEO of […]

Hack Reactor Buys MakerSquare in Austin

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Hack Reactor, a computer programming bootcamp, announced this week it has bought MakerSquare, a two-year old coding school with campuses in Austin and San Francisco. Hack Reactor, based in San Francisco, did not release the terms of the deal. It’s the two-year-old company’s first acquisition. Hack Reactor plans to continue to operate MakerSquare independently and […]

SpareFoot is Seeking to Hire 30 More Employees

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SpareFoot, one of the most successful startups to spin out of Capital Factory, is hiring 30 employees for its “Amazing Customer Experience” call center team. The Austin-based startup plans to host a “speed dating” event at its corporate headquarters to find the new employees to answer calls from prospective customers looking for self-storage. SpareFoot already […]

Driver Ed and Defensive Driving go Mobile with Aceable’s Phone App

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By LAURA LOREK Reporter with Silicon Hills News When Gretchen Deveaux needed to find a driver’s program for her 17-year-old son, she signed up for Aceable. “I needed something that was flexible,” she said. “My son is a football player and he is always at practice. I couldn’t take him back and forth to a […]

Fashion Metric Lands $1 Million in Funding

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Fashion Metric, a company that acts as a virtual tailor online, closed on its $1 million seed round. Tahoma Ventures in Boulder led the round with participation from Corsa Ventures in Austin, Elementum Ventures in Menlo Park, Geekdom Fund in San Antonio and multiple angel investors. So far, the company has raised a total of […]

Why Are People Moving to Austin?

LawnStarter has created a great infographic to explain why people are moving to Austin. This infographic is brought to you by Lawnstarter Austin Lawn Care

“Innovation in the IoT Era” at UT

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The Internet of Things means everyday objects will contain tiny microchip-enabled sensors that will gather information that software will analyze and process resulting in greater efficiency and understanding. It’s shaping up to be a transformative mega-trend which Goldman Sachs has dubbed the third wave in the development of the Internet. “The 1990s’ fixed Internet wave […]

Time to Apply to the Seed Sumo Accelerator

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Seed Sumo, a startup accelerator in College Station, is now accepting applications for its 2015 program. The program provides $50,000 in funding, up from $30,000 during its first program last year. Seed Sumo will take up to ten startups. Last year, 750 teams applied for eight spots. Those startups have received more than $4 million […]

UT Austin Team Wins IBM Watson University Competition

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A team of students from the University of Texas at Austin took first place in the inaugural IBM Watson University Competition in New York last week. The winning team of 12 received $100,000 in seed financing from IBM Watson Group and the Entrepreneur’s Fund to launch its application, CallScout, which gives people access to social […]

LawnStarter Raises $1 Million in Seed Financing

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LawnStarter announced Wednesday that it has landed $1 million in seed round financing. The Austin-based online lawn care company raised the money to expand into new markets. The funds came from several angel investors including Rob Taylor, Cotter Cunningham, Pat Matthews as well as venture fund Vayner RSE, headed up by Gary Vaynerchuk. LawnStarter, founded […]