Amazon to Buy Austin-based Whole Foods Market for $13.7 Billion

Amazon announced Friday plans to buy Austin-based Whole Foods Market in a deal valued at $13.7 billion. “Millions of people love Whole Foods Market because they offer the best natural and organic foods, and they make it fun to eat healthy,” Jeff Bezos, Amazon founder, and CEO said in a news release. “Whole Foods Market […]

Procore Technologies Hosts Summer Solstice Kick-Off Party for Austin Tech Community

Procore Technologies, which makes construction management software, is hosting a Summer Solstice Kick-Off party next Thursday. And you’re invited. The event takes place at Procore’s Austin office at 221 W. 6th Street on the 18th floor starting at 5:30 p.m. It features light dinner and drinks, but you must RSVP. “It’s not often that we […]

Eagle Eye Networks Buys Panasonic Cloud Management Service and Expands into the European Market

Since launching in 2012, Eagle Eye Networks has become the largest cloud-based video surveillance provider in North America. It’s also the largest cloud-based video surveillance provider in Asia. And now, it’s set its sights on becoming the largest cloud-based video surveillance provider in Europe. On Thursday, Eagle Eye Networks announced the acquisition of Panasonic Cloud […]

John Berkowitz, Yodle and OJO Labs Co-Founder Discusses Building Companies on Ideas to Invoices

In 2005, John Berkowitz was getting ready to graduate from George Washington Unviersity and was exploring what to do with his life. His childhood friends, Ben Rubenstein and Nathaniel Stevens, convinced him to join them in building Yodle, a provider of online advertising and marketing services to small businesses. Eventually, they grew Yodle into a […]

Cognitive Scale Gets $15 Million in new Venture Funding and Partners with USAA

CognitiveScale announced Tuesday that is has received an additional $15 million in venture capital for product development of its augmented intelligence products. Norwest Venture Partners, Intel Capital, Microsoft Ventures, the Westly Group and USAA provided the investment. To date, the Austin-based startup has raised $50 million. “We are excited about the future AI-enabled enterprise, and […]

Can Adding a Healthcare Plan Save You Money? Vista360Health Says Yes, If Done Right

If you’re an entrepreneur, you know getting a small start-up operation successfully up and running requires a watchful eye on the bottom line. Maybe you can spring for a ping pong table in the snack room, but you can’t imagine footing the bill for health insurance for you, your employees and families. You might be […]

Geekdom Fund Raises $20 Million for Seed Stage Tech Investments

The Geekdom Fund, based in San Antonio, announced this week it has closed on a $20 million fund, its largest fund to date. Previously, the Geekdom Fund raised nearly $3 million to invest in early stage tech startups. Since then, the fund has invested in Chowbotics, a Redwood City, Calif.-based startup creating robots for commercial […]

The Process of Restructuring at The Daily Dot

By Nicholas White Co-Founder, Editor-in-Chief and CEO of The Daily Dot Reprinted with permission from ATLAS, a quarterly publication on entrepreneurs from Acton School of Business If you don’t live by your values even when doing so can hurt you, then you don’t really have values. I don’t remember where I first read that, but […]

Digital Pharmacist Raises $6.5 Million

Digital Pharmacist announced Tuesday that it has closed on a $6.5 million round of financing. Activate Venture Partners, based in New York, and LiveOak Venture Partners in Austin led the Series B financing round. The Austin-based startup plans to use the money on marketing and product development. Digital Pharmacist, founded in 2012, provides digital, communications […]

Everfest Raises $3.6 Million in VC Funding

Everfest, a festival aggregation and promotions site, announced this week it has raised $3.6 million in funding. Live Nation co-led the series A round along with ATX Seed Ventures. Other investors included Red Frog Events, Chip Conley and Bob Kagle. The company plans to use the funds to hire key employees and on product development […]