TrustRadius Raises $5.5 Million in Venture Capital

TrustRadius, founded in 2012, announced Wednesday it has raised $5.5 million in additional funding for its technology review platform. The Austin-based company reported LiveOak Venture Partners led the Series B round with participation from existing investor Mayfield. To date, TrustRadius has raised $13 million. In addition to the funding, the company added Bill Macaitis, former […]

Next Coast Ventures Adds Two Technology Venture Partners and its First Entrepreneur in Residence

Next Coast Ventures announced Wednesday that it is has added two technology venture partners and its first entrepreneur in residence. The Austin-based venture capital firm has added Paul Rogers and Jim Dunham as Technology Venture Partners, which will serve as mentors to the firm’s tech entrepreneurs in its portfolio and advisers to the fund’s leadership. […]

Google Unveils its new Office in Downtown Austin

BY LAURA LOREK Publisher with Silicon Hills News From the outside, 500 W. 2nd street might look like any new skyscraper in downtown Austin. But inside, it’s got that Google flair with scooters in the lobby, a swing, balance boards, a ceiling made of recycled canoes, an Airstream trailer food truck, outdoor movie theater, dog […]

The Zebra Lands $40 Million in Venture Capital and Hires Keith Melnick as CEO

The Zebra, an insurance comparison marketplace, announced Tuesday that is has closed on $40 million in financing and hired Former Kayak Executive Keith Melnick as its new Chief Executive officer. The Austin-based startup reported Accel Partners led the Series B financing round, the largest Texas Series B financing this year. Melnick, former president of travel […]

Sputnik ATX Launches an Incubator/Accelerator in Austin Aimed at Helping Startups Scale

By LAURA LOREK Publisher of Silicon Hills News Sputnik ATX is one of Austin’s newest startup incubators and accelerators. “We’re in a bit of a stealth mode right now,” said Oksana Malysheva, President, and CEO of Linden Education Partners and CEO of Sputnik ATX. Sputnik ATX, which fashions itself after a Y-Combinator incubation model, will […]

Andrea Kalmans, Principal of Lontra Ventures, Talks Tech Investing on Ideas to Invoices

By LAURA LOREK Publisher with Silicon Hills News Andrea Kalmans, a principal with Lontra Ventures, is a force in the Austin and San Antonio technology community. She spends her time mentoring entrepreneurs and working with technology startups. In this episode of Ideas to Invoices, Kalmans, an angel investor, discusses how she has seen Austin change […]

MassChallenge Texas Launches with Plans to Work With up to 100 Startups

MassChallenge, a global network of network of startup accelerators, announced Wednesday plans to launch its new program in the Austin and San Antonio region. The Austin-based nonprofit accelerator will work with up to 100 startups that will compete for up to $500,000 in equity-free cash awards. The MassChallenge Texas accelerator program is “supported by a […]

Experts Say Mass Adoption of Augmented and Virtual Reality is Many Years Away

By LAURA LOREK Publisher of Silicon Hills News It’s going to take the mass consumer market years to catch up to all the innovation in the augmented reality and virtual reality marketplace, according to a panel of experts at the University of Texas at Austin on Thursday. One of the challenges for virtual reality and […]

A Skills Gap Exists Between What Colleges are Teaching and What the Technology Industry Needs

By LAURA LOREK Publisher of Silicon Hills News A huge gap exists between what colleges are teaching students and what a company like Apple needs, an Apple executive said Thursday. “I don’t consider myself an expert on education technique, what makes great curriculum or any of that. I’m sort of like a big user of […]

Austin-based Favor Raises $22 Million in Funding

The Austin-based on-demand delivery service, Favor, announced Thursday that it has reached profitability and raised $22 million in venture funding. S3 Ventures led the Series B financing round, which included existing investors. “Scaling a high-touch, hyper-local logistics business is no easy task, and all the credit goes to our team’s relentless focus executing on our […]