NextIO secures $12.3 million in venture capital

NextIO has received $12.3 million of venture capital. The Series F funding is led by existing investors and an undisclosed strategic investor. Austin-based NextIO plans to use the money to further expand sales and marketing and its product offerings. The company plans to double its revenue this year, K.C. Murphy, its president and CEO, said […]

Mass Relevance closes on $3.3 million in venture financing

Mass Relevance announced Wednesday that it has closed a $3.3 million venture capital funding round. Austin Ventures led the series A round and other investors included Battery Ventures, Floodgate Fund, Allegro Venture Patners and Metamorphic Ventures. Mass Relevance plans to use the money to accelerate its growth. Sam Decker, the company’s founder and CEO, said […]

WhaleShark Media Buys Miwim, a French Coupon Site

WhaleShark Media has acquired Miwim, an online coupon and deal site in France. The terms of the deal were not disclosed. Austin-based WhaleShark Media connects consumers with multiple daily deal and coupon services like and as well as deal sites outside of the U.S. Founded in 2010, WhaleShark Media has received $300 million […]

Finalists for the Ernst & Young Entrepreneur Of The Year Central Texas Awards

Ernst & Young announced the finalists for the entrepreneur of the year central Texas award. The winner will be announced on Thursday, June 7th at a gala at the Hilton Downtown Austin. Here’s the nominees: Entrepreneur finalists View more PowerPoint from Laura Lorek Timothy League Alamo Drafthouse Cinemas Dan Graham Barry Evans Calxeda, Inc. […]

Calxeda raises $20 million of a $30 million offering

Calxeda, which makes energy-saving chips for servers that power data centers, has raised $20 million of a $30 million offering, according to a statement filed with the Securities and Exchange Commission. The Austin-based company, founded in 2008 as Smooth Stone, announced $48 million in funding in November of 2010. Calxeda’s funders include Advanced Technology Investment […]

What’s happening in the Silicon Hills?

[View the story “Silicon Hills Weekly Roundup ” on Storify]

Apply to Participate in the first FounderDating in Austin

BY DAMON CLINKSCALES FounderDating (and no, it’s not romantic) has just launched in Austin. The online network allows you to connect with other talented folks who are ready to found a company in your area. The first live event for Austin will be held on May 23rd (apply by May 15th). About the network: High […]

Austin makes 10 best cities to find work in the U.S. list

The demand for skilled workers is on the rise. Adecco Staffing U.S. compiled a list of the 10 best cities to find work in the U.S. with Washington, D.C. and the Arlington and Alexandria, Virginia area take the top spot, followed by Austin. Adecco compiled the list from information gleaned from its 900 national branches […]

ihiji Joins the Austin Technology Incubator

ihiji has joined the Austin Technology Incubator. The Austin-based company makes software that allows companies to remotely monitor and support Internet enabled devices on a network. It has been part of ATI’s Landing Pad Program for the past two years. ihiji founders, Stuart Rench, President; Michael Maniscalco, Vice President of Technology; and, David Rench, Vice […]

Ziften Technologies releases its software and lands $5.5 million in financing

Ziften Technologies just closed on $5.5 million in its Series B financing. And the Austin-based startup released its first software product, Behavioral Lightweight Intelligence for Stressed Systems, nicknamed BLISS, which lets companies easily manage and deploy software across Windows desktop computers. Ziften’s software leds to “improved uptime, business alignment, performance, security, and reduction of errors […]