True Wealth Ventures Closes on a $19.1 Million Fund to Invest in Women-led Startups

Austin’s pioneering venture capital firm, True Wealth Ventures, founded by women to invest in women, announced on Tuesday the close of the firm’s first fund with $19.1 million. Kerry Rupp and Sara Brand, partners in True Wealth Ventures, plan to use the funds to invest in about 12 women-led startups in the sustainable consumer and […]

Oracle Launches Startup Cloud Accelerator Program in Austin

Watch out Austin there’s a new accelerator in town. Oracle, based in Redwood Shores, Calif., on Tuesday, announced it’s launching a residential Oracle Startup Cloud Accelerator program in Austin. The Austin program is Oracle’s first residential accelerator program in North America. Oracle has eight other global locations in Bangalore, Bristol, Mumbai, Delhi, Paris, Sao Paulo, […]

Cool Tech Events to Attend in Austin This Week

Austin’s tech scene is always hopping. No matter what the day or the time, it seems there is always something fun to do. So if you’re looking for something to do this week, check out these fine events: Monday – Saturday – Austin CPG Week by TEN Capital Group features more than 42 sessions across […]

Notley Center for Social Innovation Partners with Capital Factory to Launch Coworking for Social Change

Something new is brewing in East Austin. It’s the Notley’s Center for Social Innovation, a campus for nonprofit organizations and for-profit companies with a socially innovative focus. And recently the center partnered with Capital Factory, a tech coworking and accelerator site, to launch the new social entrepreneurship and nonprofit coworking community at Springdale General in […]

MineralSoft Raises $4 Million in Venture Capital Funding

Austin-based MineralSoft announced on Wednesday that the company has raised $4 million in funding. The company plans to use the funds to market its software platform, which helps mineral, royalty, investors and others manager their assets. MineralSoft also signed an exclusive partnership with oil and gas data provider Austin-based DrillingInfo. Investors included Cottonwood Venture Partners, […]

Employee Wow Raises $1 Million in Seed Funding

Austin-based Employee Wow, a software company, announced Wednesday that it has raised $1 million in seed funding. The funds come from Sean Tomlinson, an investor based in Hong Kong. He also joined the company’s board of directors. Employee Wow plans to use the money to hire sales staff and market its Anonymous Employee Feedback Platform, […]

RigUp Lands $15.6 Million in Venture Capital Funding

Austin-based RigUp announced it has raised $15.8 million in funding. The company, founded in 2014 as an online marketplace for services and labor for the energy industry, also secured a $30 million credit line from Silicon Valley Bank. RigUp has raised $63.8 million to date, according to CrunchBase. The company plans to use the money […]

Verimos Launches in Austin to Build a Health Data Site Using Blockchain Technology

Bryan Menell, a serial technology entrepreneur, announced Tuesday the launch of Verimos, a data bank with information on health and wellness powered by Blockchain technology. Menell, who unveiled his latest company at a press conference at Capital Factory, said the company is partnering with all kinds of businesses in the wellness industry including health food […]

Shout-Out to Austin from Amazon During Alexa Super Bowl Ad

In Amazon’s Super Bowl ad, there are major hints that Austin is definitely on Amazon’s radar. Amazon’s personal assistant Alexa, a hardware device that runs on artificial intelligence, is the ad’s star along with Amazon Founder Jeff Bezos. The ad opens up with a woman in her bathroom brushing her teeth, listening to Alexa. Alexa […]

Dell Technologies Considers a Public Offering or Merger with VMware

In 2013, Dell went private in a $24 billion buyout deal backed by Silver Lake and Michael Dell. Today, Dell Technologies filed papers with the Securities and Exchange Commission disclosing that the company’s board is considering taking the company public again with an initial public offering or by merging with VMWare. Normally, the company doesn’t […]