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 […]

Saxena Joins the Board of the Federal Reserve Bank’s San Antonio Branch

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The Federal Reserve Board of Governors in Washington, D.C. appointed Manoj Saxena to the Federal Reserve Bank of Dallas’ San Antonio Branch board of directors Saxena will serve a three-year term ending Dec. 31, 2017. He has served on the San Antonio Branch board as a Dallas Fed appointment since 2012. “In his role as […]

Parking Panda Launches in Austin

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Finding a parking spot in downtown Austin can be a challenge especially during major events. Now Parking Panda, a free app that lets drivers find, reserve and redeem parking in advance, seeks to make that task a lot easier. It has launched in Austin. The service is now available statewide with service in Dallas, Houston, […]

Seven Tech Trends to Watch in Silicon Hills in 2015

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By LAURA LOREK Reporter with Silicon Hills News The central Texas region is thriving and technology is driving a lot of that growth. This is a list of seven tech trends to watch in 2015 particularly tailored to the Austin and San Antonio area. 3D Printing – The roots of this industry can be traced, […]

Top 10 Most Popular Stories on Silicon Hills News in 2014

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These are the top ten stories with the most views on Silicon Hills News in 2014. 1. Dropbox to Expand in Austin and Hire 170 employees 2. Zach Dell’s Startup Thread is a Dating Site Just for College Students 3. Billionaire Mark Cuban “Likes to Party Like a Rockstar” and Invest in Startups (this story […]

Payment Data Systems Buys Akimbo of San Antonio for $3 million

Louis Hoch and Houston Frost. Payment Data Systems just bought Frost's company, Akimbo Financial.

Payment Data Systems, an online payments company, announced Tuesday it has acquired Akimbo Financial for $3 million. Payment Data Systems is buying the company with common stock in two tranches with up to $300,000 in cash if any liabilities are assumed. Akimbo, founded in 2010, has raised $850,000 in investment. The company, based at Geekdom, […]