UT Austin Spinout Startup GenXComm Lands $1.5 Million in Seed Funding

One of the latest startups to spin out of the University of Texas at Austin, GenXComm has received a $1.5 million seed round of financing. The Austin-based startup is focused on doubling the amount of traffic a wireless network can handle. Its patent-pending technology is called S-SIX. FAM Capital Partners led the investment with investments […]

The Movie “For Here or to Go?” Depicts the Plight of H1-B Visa Workers in the U.S.

Rishi Bhilawadikar created the movie, “For Here or to Go?” to tell the story of H1-B Visa workers in the U.S. living in limbo. He knows the story firsthand. For 12 years, Bhilawadikar, a native of India, has been in the U.S. first under a graduate student Visa at Indiana University and later as a […]

Culture can Make or Break a Technology Company

By LAURA LOREK Publisher and reporter with Silicon Hills News Creating a great company culture isn’t just about having perks like free lunches, Ping Pong tables, and nap rooms. “They are important in a sense,” said Courtney Branson, head of culture at Square Root in Austin. “Having a Ping Pong table does bring people together […]

Amazon to Buy Austin-based Whole Foods Market for $13.7 Billion

Amazon announced Friday plans to buy Austin-based Whole Foods Market in a deal valued at $13.7 billion. “Millions of people love Whole Foods Market because they offer the best natural and organic foods, and they make it fun to eat healthy,” Jeff Bezos, Amazon founder, and CEO said in a news release. “Whole Foods Market […]

Procore Technologies Hosts Summer Solstice Kick-Off Party for Austin Tech Community

Procore Technologies, which makes construction management software, is hosting a Summer Solstice Kick-Off party next Thursday. And you’re invited. The event takes place at Procore’s Austin office at 221 W. 6th Street on the 18th floor starting at 5:30 p.m. It features light dinner and drinks, but you must RSVP. “It’s not often that we […]

Eagle Eye Networks Buys Panasonic Cloud Management Service and Expands into the European Market

Since launching in 2012, Eagle Eye Networks has become the largest cloud-based video surveillance provider in North America. It’s also the largest cloud-based video surveillance provider in Asia. And now, it’s set its sights on becoming the largest cloud-based video surveillance provider in Europe. On Thursday, Eagle Eye Networks announced the acquisition of Panasonic Cloud […]

John Berkowitz, Yodle and OJO Labs Co-Founder Discusses Building Companies on Ideas to Invoices

In 2005, John Berkowitz was getting ready to graduate from George Washington Unviersity and was exploring what to do with his life. His childhood friends, Ben Rubenstein and Nathaniel Stevens, convinced him to join them in building Yodle, a provider of online advertising and marketing services to small businesses. Eventually, they grew Yodle into a […]

Cognitive Scale Gets $15 Million in new Venture Funding and Partners with USAA

CognitiveScale announced Tuesday that is has received an additional $15 million in venture capital for product development of its augmented intelligence products. Norwest Venture Partners, Intel Capital, Microsoft Ventures, the Westly Group and USAA provided the investment. To date, the Austin-based startup has raised $50 million. “We are excited about the future AI-enabled enterprise, and […]

Can Adding a Healthcare Plan Save You Money? Vista360Health Says Yes, If Done Right

If you’re an entrepreneur, you know getting a small start-up operation successfully up and running requires a watchful eye on the bottom line. Maybe you can spring for a ping pong table in the snack room, but you can’t imagine footing the bill for health insurance for you, your employees and families. You might be […]

Geekdom Fund Raises $20 Million for Seed Stage Tech Investments

The Geekdom Fund, based in San Antonio, announced this week it has closed on a $20 million fund, its largest fund to date. Previously, the Geekdom Fund raised nearly $3 million to invest in early stage tech startups. Since then, the fund has invested in Chowbotics, a Redwood City, Calif.-based startup creating robots for commercial […]