BuildGroup Raises $330 Million Fund Aimed at Investing in Software Companies

BuildGroup, a Venture Capital firm founded in 2015, announced on Tuesday that it has raised $330 million aimed at investing in emerging software companies. The Austin-based firm’s investors include “successful entrepreneurs and business leaders from Texas and the Rocky Mountains, with the founders contributing a significant portion of the overall funds,” according to a news […]

Techstars Impact Announces its Inaugural Class of 10 Startups

Techstars announced Wednesday ten startups that make up its inaugural class for the 2018 Impact program in Austin. “Nine months ago we set out to find ten world-class teams who like us, believe that our deepest problem sets represent our biggest opportunities, and that entrepreneurs should sit at the center of our strategy to build […]

Commentary: It’s time to Kick 5G innovation Into High Gear and We’re Doing it in Austin

By Derek Urbaniak Head of Ericsson’s Austin Design Center Special Contribution to Silicon Hills News Decades ago, wireless deployment served only a narrow purpose for a narrow constituency. Today, it provides nearly limitless ways to make life easier for all people through the power of mobility. As we enter the next generation of wireless technology […]

Crypto-finance Startup, Unchained Capital, Receives Nearly $3 Million in Funding

Austin-based Unchained Capital, a crypto-finance startup, announced Thursday that it has closed on $2.99 million in a seed stage round of funding. The company reports the funding will go to hiring new employees and working on its financial services and wealth management offerings. Unchained Capital’s investors include Michael Komaransky, formerly of Cumberland Mining; Brian Spaly, […]

Austin-based SeriesX Raises $2 Million in Funding for its Platform Built on the Ethereum Blockchain

SeriesX, a startup based at Capital Factory, announced Wednesday that it has closed on two rounds of funding, totalling $2 million. The Austin-based company plans to use the money to further develop its customer relationship management platform, Vertalo, which is built using Ethereum blockchain technology. It also plans to add to its technical team. The […]

ALTR, a Cybersecurity Platform Built on Blockchain Technology, Launches in Austin with $15 Million in Funding

ALTR, an Austin-based cybersecurity platform built with blockchain technology, officially launched in Austin on Wednesday. The company, which has been in stealth mode for four years, released its first commercial software package to provide secure data access and storage on its ALTR platform. ALTR has raised $15 million in funding from institutional and private investors […]

HeatGenie Has Raised $5.9 Million of a $6.7 Million Round of Funding

HeatGenie, an Austin-based startup with an innovative way to heat up beverage cans, has raised $5.9 million of a $6.7 million round of funding, according to a filing with the Securities and Exchange Commission. The company, founded in 2007, has previously raised $3.6 million, according to CrunchBase. ARTIS Labs led the latest round of funding […]

New VC Firm Trust Ventures Raises $35 Million Fund to Focus on Disruptive Startups

Austin entrepreneurs often complain about the lack of venture capital, especially for first-time entrepreneurs and early-stage startups. The pain is real. Austin does not have as many venture capital firms and venture capital funds as California. But slowly that is starting to change. During the past decade, several new funds have sprung up including LiveOak […]

Pingboard Raises $4.3 Million in Additional Funding

Pingboard, an Austin-based startup spun out of Capital Factory, has raised $4.3 million of a $5 million round, according to a filing with the Securities and Exchange Commission. The company, founded in 2013, makes organizational chart software for companies. It now has more than 1,000 customers, including “GoFundMe, Popsugar, Udemy, Sequoia Capital, WPEngine, and the […]

3 Day Startup Names Alexis Taylor as its New CEO

After eight years at the helm of 3 Day Startup, Cam Houser has moved into the founder and chief innovation role and Alexis Taylor will take over as Chief Executive Officer. “I saw Alexis as our future CEO two years ago,” Houser said in a news statement. “She is one of the most impactful individuals […]