Shipwell Raises $35 Million, Plans to Expand in Austin and Chicago and Hire 200 More Employees

Shipwell, which makes an online platform for any business to ship and track freight easily, announced Thursday that it has raised $35 million. Georgian Partners, based in Toronto, Canada, led the Series B round. Other investors include Fifth Wall, Global Founders Capital, Box Group and Aspect Ventures. To date, Shipwell, founded in 2016, has raised […]

Austin-based Literati Lands $12 Million in Funding

Literati, a children’s subscription book service, announced Wednesday that it has received $12 million in new funding. Nikhil Basu Trivedi at Shasta Ventures led the Series A round. Jessica Ewing and Kelly Carroll founded Literati in 2016. Literati is a children’s book club aimed at children from birth to 12 years old. The company plans […]

Hypergiant Partners with Dynetics to Create Space Mission Solutions

Hypergiant announced Wednesday a new partnership with Dynetics to develop space mission solutions for government and commercial customers. The companies plan to use Amazon Web Services and its cloud for artificial intelligence, machine learning, analytics, Internet of Things and AWS Ground Stations to deliver mission and payload on-demand services. “These services will support the current […]

Opcity Plans to Double in Size Adding 600 More Employees

Opcity plans to double in size hiring 600 more employees in the next couple of years, said Ben Rubenstein, the company’s CEO and Co-Founder. Already, Opcity has 660 employees. It grew from zero to 660 in less than four years, he said. Opcity plans to hire 500 new employees next year, he said. Opcity is […]

The Zebra Moves Into Chic New Eastside Headquarters

The first time Silicon Hills News met The Zebra, the two founders showed up at Longhorn Startup Demo Day in 2013 to meet Billionaire Mark Cuban. They had sent a cold email to Cuban who invested in The Zebra despite never having met the founders. That night at the Lady Bird Johnson Auditorium at the […]

MassChallenge Texas Awards $500,000 to Five Startups

TRAXyL, a startup that installs high-speed Internet on roadways, received the top prize of $150,000 in cash from MassChallenge Texas in Austin on Thursday night. The company,  based in Warrenton, Virginia installs high-speed fiber optic cable on roads, and parking lots. It coats the fiber optic cables in heavy-duty paint that can be glued on […]

Tenfold Raises $7.5 Million in Additional Funding

Tenfold, one of Silicon Hills News’ 25 hottest Austin startups to watch in 2019, recently announced it has raised $7.5 million in additional funding. The Austin-based company, which integrates customer relationship management programs with voice platforms, announced it has raised a Series C funding round lead by Austin-based Next Coast Ventures. To date, Tenfold has […]

Reset is Helping Austin Restaurants Monetize Their Space During the Day for Events and Coworking

When Christine Ziegler needed a place for 35 employees to meet off the BigCommerce campus, she turned to Reset. Reset offered up a few venues and Ziegler picked the Tillery Kitchen and Bar at 3201 E. Cesar Chavez. The restaurant features spacious and comfortable indoor seating with big windows and lots of natural light and […]

Austin-based Eterneva Lands an Investment from Billionaire Mark Cuban on Shark Tank

Diamonds are made from carbon and people are made up of carbon, so why not make diamonds out of people? That’s the bright idea behind Eterneva. And it landed the Austin-based startup a $600,000 investment from Billionaire Mark Cuban on Shark Tank, which aired last Sunday. Adelle Archer and Garrett Ozar, co-founders of Eterneva, had […]

San Antonio-based Dura Software Raises $10 Million in Funding

San Antonio-based Dura Software announced Friday that it has raised $10 million in funding. The company reported it was the largest round raised in San Antonio this year. In addition, Dura Software bought 6Connex, based in Pleasanton, Calif. The company makes virtual event software. Dura Software, founded in 2018, acquires and operates business to business […]