Austin Founders Among Investor Group Acquiring Nautilus Magazine

An investor group including several Austin founders have joined together to buy Nautilus, a literary science magazine founded in 2013. The New York-based magazine has 10,000 paying subscribers and has an online reach of more than 10 million. Daily Dot co-founder and CEO Nicholas White is leading the investment group that is acquiring Nautilus. He […]

Austin Tech Events to Attend in November

November is jam-packed with lots of fun events to attend. Silicon Hills News is hosting its first SpaceATX event on Wednesday, Nov. 6th. We hope to see you all there. And Silicon Hills News is currently taking photos for our 2020 Austin Tech Calendar. There is only one spot left for a startup to be featured. […]

Corporate Innovation Firm Rainmaking Expands to Austin

Rainmaking, a corporate innovation and development firm, has opened an office in downtown Austin. The organization, founded in 2006 in Denmark, runs Startupbootcamp accelerator programs throughout Europe. It launches impact-focused startups, builds them into successful companies and eventually exits them. To date, Rainmaking has scaled more than 700 ventures in 15 different industries, which collectively […]

LoudCrowd Lands Funding to Help Brands Incentivize Customers to Share Products on Social Media

Brands have worked with influencers to sell products through social media for a long time. But it’s been more difficult for them to engage with regular customers who might like their products. And that’s where LoudCrowd saw an opportunity. The Austin-based startup sells software directly to brands that allow them to reward customers who promote […]

Sana Lands Another $3.6 Million in Seed-Stage Funding

Sana announced Tuesday that it has received an additional $3.6 million in seed funding, bringing its total seed funding raised to date to $6.3 million. The Austin-based healthcare insurance startup reported that the seed funding was led by Gigafund and Trust Ventures. Other investors include Greenlight Re and Mark VC as the other major institutional […]

Growth Acceleration Partners Says Diversity and Inclusion is Key to its Success as a Custom Software Developer

Instead of seeking venture capital, Joyce Durst, Co-Founder, and CEO of Growth Acceleration Partners decided to bootstrap the software development company. Growth Acceleration Partners, known as GAP,  offers analytics, cloud, mobile and QA services. Before co-founding GAP, Durst served as CEO of venture-backed startup Pinion Software, a security software company. At that company, she raised […]

Complying with Data Privacy Laws May not be Sexy, but Austin-based Osano Says it’s a Billion Dollar Business

In the modern era, every company is a global company, said Arlo Gilbert, CEO, and Co-Founder of Osano. Today, more than 65 laws exist worldwide governing how companies handle customers’ data online and privacy laws, Gilbert said. Most notably, the General Data Protection Regulation, known as GDPR, went into effect in May of 2018. It […]

Shipwell Raises $35 Million, Plans to Expand in Austin and Chicago and Hire 200 More Employees

Shipwell, which makes an online platform for any business to ship and track freight easily, announced Thursday that it has raised $35 million. Georgian Partners, based in Toronto, Canada, led the Series B round. Other investors include Fifth Wall, Global Founders Capital, Box Group and Aspect Ventures. To date, Shipwell, founded in 2016, has raised […]

Austin-based Literati Lands $12 Million in Funding

Literati, a children’s subscription book service, announced Wednesday that it has received $12 million in new funding. Nikhil Basu Trivedi at Shasta Ventures led the Series A round. Jessica Ewing and Kelly Carroll founded Literati in 2016. Literati is a children’s book club aimed at children from birth to 12 years old. The company plans […]

Hypergiant Partners with Dynetics to Create Space Mission Solutions

Hypergiant announced Wednesday a new partnership with Dynetics to develop space mission solutions for government and commercial customers. The companies plan to use Amazon Web Services and its cloud for artificial intelligence, machine learning, analytics, Internet of Things and AWS Ground Stations to deliver mission and payload on-demand services. “These services will support the current […]