Ways to Get Startup Bucks in Silicon Hills

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By Laura Lorek Reporter with Silicon Hills News The funding landscape for startups in Central Texas has changed dramatically in the last five years. New firms have launched like LiveOak Venture Partners in Austin and the Geekdom Fund in San Antonio. And old firms have faded away like Austin Ventures, the big daddy of Austin’s […]

Seven Women Run Tech Startups in San Antonio to Watch

Magaly Chocano, founder of Sweb Development, photo by Gary Hartman.

By LAURA LOREK Reporter with Silicon Hills News San Antonio is the nation’s seventh largest city, yet it doesn’t have a lot of tech startups run by women and backed by venture capital. But San Antonio’s booming life sciences industry holds a lot of promise for women-led ventures. Two women, both biotech industry veterans, lead […]

The Open Cloud Institute Launches at UTSA

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The University of Texas at San Antonio on Thursday announced the creation of the Open Cloud Institute with $9 million in backing. The Open Cloud Institute will focus on creating degree programs in cloud computing and big data. It will also work closely with companies in the cloud computing industry. The 80/20 Foundation has pledged […]

Mass Venture of San Antonio Approved as Texas’ First Equity-Based Crowdfunding Portal

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By LAURA LOREK Reporter with Silicon Hills News Mass Venture is the first equity-based crowdfunding portal to receive certification from the Texas State Securities Board under its new intrastate crowdfunding rules. The San Antonio-based crowdfunding portal will focus on raising money for real estate ventures, but it is open to all types of equity-based crowdfunding […]

San Antonio-based SeatSmart Launches Online Ticket Marketplace

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A new online broker to fan ticket marketplace, SeatSmart has launched. The San Antonio-based startup has raised $750,000 of its $1 million seed round funding led by angel investors Lew Moorman and Pat Matthews, both former Rackspace executives. Additional investors include ten large brokers nationwide. SeatSmart plans to use the money to hire additional employees, […]

Xenex Lands $25 Million in Venture Capital

Mark Stibich, PhD, founder of Xenex and Morris Miller, CEO of Xenex. Photo by Gary Hartman

Xenex Disinfection Services, a startup that created germ-zapping robots for hospitals, has landed $25 million in venture capital. The San Antonio-based company has raised $54.3 million so far, according to a post in the Wall Street Journal. The investment came from Brandon Point Industries Limited and existing investors Battery Ventures, Targeted Technology Fund II and […]

SXSW Interactive 2015 to Feature More on Startups and a Robot Petting Zoo

Hugh Forrest, director of SXSW Interactive

By LAURA LOREK Reporter with Silicon Hills News What startup launched at South by Southwest Interactive in 2009? One lucky woman attending the SXSW community meetup in San Antonio knew the answer: Uber, the ridesharing alternative to taxi cabs. That bit of trivia earned her a free badge to attend what has become the country’s […]

New Web Developers Debut at Codeup’s Demo Day

Liz Cole, John Staudt and Jason Birdwell, graduates of Codeup.

By LAURA LOREK Reporter with Silicon Hills News For three months Josee Farmer drove daily from North Austin to San Antonio to learn how to become a web developer at Codeup. “It was totally worth it,” Farmer said. She recently relocated from North Carolina to Texas and she wanted to get into the technology industry. […]

The New $3 Million Geekdom Fund Invests in Tech Startups

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The Geekdom Fund has successfully raised $2.96 million to invest in tech startups. “We raised money locally to put into tech startups here and around the country,” said Michael Girdley, who is one of the partners heading up the new Geekdom Fund. The other Geekdom Fund partners are Don Douglas, Cole Wollak and Mike Troy. […]

Payment Data Systems Processed Nearly $3 Billion in Transactions in 2014

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Payment Data Systems, an online bill paying company, reported a record fourth quarter for 2014 in which it processed more than $833 million in payments. The record breaks the previous record which the company reached in the prior quarter of $796 million. The San Antonio-based company reported its electronic check processing volumes were up four […]