SailPoint Files to Raise $100 Million in a Public Offering

SailPoint Technologies, founded in 2005, filed papers with federal regulators on Friday to raise $100 million in an initial public offering. The Austin-based cybersecurity firm has raised $26 million to date in venture capital and private equity funding. The company plans to use the proceeds of its offering to expand operations and add additional customers. […]

Austin Bids to Become Amazon’s Second North American Headquarters

“That’s right, you’re not from Texas, but Texas wants you anyway” to quote Lyle Lovett. And Austin wants the second Amazon headquarters. City leaders officially submitted Austin’s bid to Amazon on Wednesday, a day before the deadline. On Sept. 7, Amazon announced the Seattle-based tech giant was looking for a second North American headquarters, Amazon […]

Techstars Launches an Impact Accelerator Based in Austin

Techstars on Wednesday morning announced the launch of the Techstars Impact Accelerator, its first program aimed at for-profit startups that are tackling social and environmental problems. The accelerator will be based in Austin. Applications open in December. The program kicks off in June of 2018. Zoe Schlag, the program’s Managing Director. Since 2014, Schlag has […]

Austin Game Maker Certain Affinity Lands $10 Million Investment from Hong Kong Firm

Certain Affinity announced Monday Leyou Technologies Holdings Limited of Hong Kong has made a $10 million investment for a 20 percent stake in the Austin-based game development company. The international investment follows a $5 million investment in Certain Affinity by Capstar Partners, an Austin-based private investment firm. Under the agreement with Leyou Technologies, Certain Affinity […]

MassChallenge Texas Kicks off in Austin

By LAURA LOREK Publisher of Silicon Hills News MassChallenge Texas kicked off Monday evening with a big crowd at the Bullock Texas State History Museum in downtown Austin. “I want Texas to be the place where startups come to innovate,” said Mike Millard, managing director for MassChallenge Texas. The global accelerator is now accepting applications […]

Fostering Austin’s Global Connections During Austin Startup Week

By LAURA LOREK Publisher of Silicon Hills News Austin made a major push to cultivate relationships with other countries during the first International sessions at Austin Startup Week. Representatives from Australia, Colombia, Mexico, Pakistan, Ireland and the European Union made presentations at Capital Factory on Thursday. Capital Factory has had 20 international startups set up […]

AlertMedia Lands $8 Million in Funding

AlertMedia, a communication software provider, announced Wednesday that it has raised $8 million Austin-based Next Coast Ventures led the Series B round with continued investment from ATX Seed Ventures. To date, the Austin-based company has raised more than $17 million from investors including Silverton Partners and angel investors. AlertMedia plans to use the funds on […]

Content Creation for Entrepreneurs to Drive Engagement at Austin Startup Week #ASW2017

By LAURA LOREK Publisher of Silicon Hills News At Galvanize this morning, I presented Content Creation for Entrepreneurs to Drive Engagement. More than 180 people signed up for the presentation, which kicked off at 8 a.m. following last night’s Austin Technology Council’s Battle of the Bands. About half of those people showed up. And we […]

Austin Startup Week Kicks Off #ASW2017

It’s the Seventh Annual Austin Startup Week. Silicon Hills News started in September of 2011, the same month the first Austin Startup Week took place. Back then, the event was much smaller and the tech community in Austin was a whole lot smaller too. Austin Startup Week is still led by the two founders, Jacqueline […]

Trashbots Aims to Bring Inexpensive Robotics Kits to Students

By LAURA LOREK Publisher of Silicon Hills News In remote and impoverished areas of the world, teaching children science, technology, engineering, and math, or STEM skills can involve a lot of expensive resources. It requires computers, labs, buildings, high-speed Internet, power supplies, and pricey robotics kits with trained instructors. That’s a problem Rohit and Sidharth […]