After Two Years in Stealth-Mode, Austin-based Wanchain Launches Digital Currency Platform

After working in stealth mode for two years in China and Austin, Wanchain launched its digital currency platform this week at a Bitcoin conference in Miami. “Tokenization of assets is at its inflection point. With cryptocurrencies now worth over $700 billion, the digital economy is growing wildly, but there is a problem,” Jack Lu, Founder, […]

The Texas 5G Alliance Launches to Champion Lightning Fast Wireless Technology

The Texas 5G Alliance launched this week to advocate for 5G telecommunications technology and infrastructure in Austin and statewide that is needed to bring smart city applications to life. The alliance seeks to educate people about the technology for rapid deployment statewide and to make Texas a leader in telecommunications infrastructure. Why is it needed? […]

Sputnik ATX Selects Four Startups for its Inaugural Class

Sputnik ATX announced this week it has chosen four startups to join its inaugural class for its accelerator program. Those startups include YouPei.me, a cash-back platform for credit and debit cardholders to get Bitcoin rewards with more than 5,000 partner brands, Redenim, a data analytics platform for women to find the perfect pair of jeans, […]

Austin and Dallas Make the Short List for Amazon’s HQ2

Texas is the only state to have two cities as finalists for Amazon’s second headquarters in North America. Austin and Dallas made the list of the top 20 cities in North America under consideration for the $5 billion project, which is expected to create as many as 50,000 jobs. Amazon reported it reviewed 238 proposals […]

Austin’s Samantha Snabes of re:3D Wins WeWork’s $1 Million Creator Award

In the first WeWork Creator Awards Finals, Samantha Snabes, founder of re:3D, took home the top prize of $1 million in the for-profit company category. The Austin-based company makes Gigabot, a large 3D printer. It is also developing a new 3D printer that uses recycled materials. In addition, WeWork announced a $1 million prize to […]

WP Engine Lands $250 Million in Funding from Silver Lake

One of the most successful startups to spin out of Capital Factory, WP Engine announced Thursday that it has received $250 million in funding from Silver Lake, a venture capital firm. WP Engine, founded by Jason Cohen in 2010, now has more than $100 million in annual recurring revenue and more than 75,000 customers worldwide, […]

Silicon Hills News’ Unveils 12 Startups and Tech Advocates Featured in its 2018 Austin Tech Calendar

Silicon Hills News’ 2018 Austin Tech Calendar Party took place last Thursday at The Zebra, an insurance comparison marketplace startup, in downtown Austin. It was a wonderful evening and the event was a smashing success. This is the fourth time Silicon Hills News’ has created a tech calendar shining a spotlight on Austin’s most innovative […]

Sputnik ATX Meets with Local Entrepreneurs as Deadlines Looms for its First Accelerator Class

By LAURA LOREK Publisher of Silicon Hills News At Sputnik ATX’s downtown office, a group of entrepreneurs gathered to talk about e-commerce startups and eat barbeque Monday afternoon. “We’ve learned a lot about the startup scene in Austin hosting these events,” said Oksana Malysheva, President, and CEO of Linden Education Partners and CEO of Sputnik […]

Slingshot Aerospace Lands $3.25 Million in Seed Funding

Austin-based Slingshot Aerospace announced Tuesday that it has received $3.25 million in seed stage funding, led by ATX Seed Ventures. Slingshot Aerospace is using artificial intelligence to provide detailed reports about the earth to industries such as Defense, insurance, and energy. Other investors in the seed round included Okapi Venture Capital and Sway Ventures along […]

Austin-based GenXComm Lands $7 Million in Venture Capital

By LAURA LOREK Publisher of Silicon Hills News GenXComm, a telecommunications startup spun out of the University of Texas at Austin, announced Tuesday it has raised $7 million in funding, led by Intel Capital. Other investors included Azure Capital Partners, Bandgap Ventures, Capital Factory, FAM Capital Partners, Lip-Bu Tan, UT Horizon Fund and WS Investment […]