UnboundID receives $12.5 million in funding

UnboundID announced Tuesday that it has closed on a $12.5 million investment from OpenView Venture Partners. The Austin-based company plans to use the money to expand into new markets and to develop new products, according to a news statement. “The company is already solving the big data problem facing many of the world’s largest consumer […]

Startup Weekend Austin sells out but wannabe attendees vie for a ticket

Startup Weekend Austin kicks off Friday and runs through Sunday. The event features a group of people who come up with business ideas and then spend 54 hours together hammering out the details and launching the companies. The event, which takes places at HubAustin Coworking at 4930 S. Congress Ave, is so popular that it […]

Austin Technology Council adds new board members

Austin Technology Council, announces the addition of Dennis McWilliams of Apollo Endosurgery, Lynn Atchison of Homeaway, John Arrow of Mutual Mobile and Adam Berman of TVA Medical to its board. “These executives reflect the fast growth areas of Austin technology – bio tech and medical, mobile and wireless, consumer and Web 2.0 technologies,” according to […]

Kinnser Software gets $40 million investment

Austin-based Kinnser Software announced Monday that it has received a $40 million investment from Insight Venture Partners. The company plans to use the money to expand its software business and for a national sales and marketing campaign. “Kinnser provides services to more than 55,000 users working in more than 900 home health agencies and therapy […]

Avnet Acquires Austin-based Ascendant Technology

Avnet announced Monday its plans to acquire Ascendant Technology, based in Austin. Phoenix-based Avnet, an electronics component maker, did not disclose terms of the deal. Ascendant Technology, an information technology consulting firm, helps businesses create ecommerce, web content management, cloud computing and other solutions. It had revenue of approximately $90 million in 2011. Founded in […]

Austin Startup Bloomfire gets $10 million in financing

A Web app firm, Bloomfire Inc. has landed $10 million in financing from Austin Ventures and Redpoint Ventures. The Austin-based startup has created a productivity web app targeted at companies and their employees. The product sounds like a corporate Pinterest-like application with an interactive component that allows employees to share documents, videos, pictures and charts […]

Bill Boebel Recounts Webmail’s Path to Success

Running a technology startup takes perseverance, money, luck, talent and the ability to adapt quickly. That’s the takeaway from Bill Boebel’s Startup Ignite talk at the Geekdom in San Antonio Friday night. Boebel, now an angel investor and managing director of Capital Factory in Austin, gave the audience of about 60 people an overview of […]

Senate Approves JOBS Act which allows startups to seek crowd funding

The U.S. Senate today passed the JOBS Act, whose acronym stands for Jumpstart Our Business Startups, which includes a crowd funding provision to allow entrepreneurs to raise money directly from small investors through crowd funding sites. The Senate passed the bill 73-26. Now the legislation goes back to the House, which must vote on the […]

In Austin, artists seek to turn pay phone booths into art

Ok, this is a stretch for a technology blog. But file this under what happens when old tech dies? The Pay Phone Revival project plans to turn abandoned pay phone booths into interactive art objects. The project’s founders are seeking $5,915 on Kickstarter to complete its funding. If it meets its goal, the art installations […]

Insights from SXSW Interactive

Insights from SXSW Interactive 2012 View more presentations from David Crandall