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?

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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 […]

CopperEgg raises $2.1 million and hires new CEO

CopperEgg has raised $2.1 million to complete its first round funding. The Austin-based cloud monitoring and analytics company also hired Bob Quillin as its new CEO. Silverton Partners led the investment along with Webb Investment Network and several private investors including Kenny Van Zant of Asana. To date, CopperEgg has raised $4.1 million. “Cloud computing […]

Blending Entrepreneurial Life with Family: The Stonyfield Farm story

In March of 2007, I attended a fellowship in New York at Columbia University on Covering Globalization: Food, Trade, Agriculture and the Environment. Gary Hirshberg, co-founder, CEO and president at the time of Stonyfield Farm, spoke to our group about the rise of the organic food market. Hirshberg and Samuel Kaymen started Stonyfield Farm in […]

NuMat Technologies won the Global Venture Labs Investment Competition

NuMat Technologies from Northwestern University won the 29th Global Venture Labs Investment Competition. NuMat defeated 37 teams from top MBA programs worldwide. The competition was held last week at the University of Texas at Austin’s McCombs School of Business. NuMat Technologies designs and creates high-performance materials to store clean fuels and produce them on a […]

Storytelling for Entrepreneurs

BY L.A. LOREK Founder of Silicon Hills News “Those who tell stories rule the world” – Plato From humble beginnings, Howard Schultz struggled for years to launch Starbucks into a global brand. He risked everything and his hard work paid off. And Schultz, by all accounts, is a great storyteller who can articulate and share […]