Dealing with Space Junk and Managing Space Traffic is the Focus of UT Austin Conference

Space is a finite resource and needs environmental protection, according to Moriba K. Jah, astrodynamicist. “People, in general, take for granted the number of services and capabilities every day that are space-based,” said Jah, director of the Advanced Sciences and Technology Research in Astronautics (ASTRIA) program at The University of Texas at Austin. And Space […]

Galvanize is Bought by K12 for $165 Million

Galvanize has been bought by K12, a publicly traded learning company based in Herndon, Va., for $165 million in cash. The deal, which closed on Monday, includes Galvanize’s campus in downtown Austin in the Northshore building at Second and Nueces and seven other campuses across the country. In the deal, K12 gets Denver-based Galvanize’s management, […]

25 of Austin’s Hottest Startups to Watch in 2020

Austin had another outstanding year with startup activity overall on the rise. And VC funding in Austin reached levels the city hasn’t seen since the Dot Com boom of 2000. In 2019, Austin-based private companies raised $1.7 billion, up almost 28 percent from 2018, another record year, according to the latest MoneyTree Report from PwC […]

Austin-based Locale Lands $11 Million in Funding

Locale, a hospitality startup that rents upscale apartments for short and long stays, recently announced that it has received $11 million in venture capital funding. The Austin-based company, founded in 2016, has raised $14 million to date. Amplo Ventures led the Series A round of investment with participation from Susa Ventures, Malkin Holdings, Rogue Insight […]

Firefly Aerospace Dealt with a Fire During Rocket Testing

At Firefly Aerospace’s 200-acre testing and manufacturing facility in Briggs, Texas, a fire broke out when the company tested the first stage of its rocket last week. The fire occurred at 6:23 p.m. on Wednesday when the rocket’s four engines were fired “a small fire broke out in the engine bay at the base of […]

Austin’s data.world Finds Success as a B Corp Bringing Together Data Users on its Global Platform

Austin-based data.world had its best year ever in 2019, said Brett Hurt, CEO, and Co-Founder. “2019 will go down in history as the year data.world found enterprise product-market fit and revenue has taken off in a big way,” Hurt said. data.world is like GitHub, the world’s largest software development platform, but it’s an open platform […]

Literati Co-Founder Jessica Ewing Says She is Focused on Raising a Generation of Readers who like Print Books

Jessica Ewing, co-founder, and CEO of Literati called the founding of her company the summer of the pivot. She pitched so many different versions to investors including Etsy for authors, a curated enterprise book service for businesses, the first data-driven publishing house and others. “You name it, I pitched it,” Ewing said. “It just kept […]

Austin’s BuildGroup Launches Open.Exchange to Bring Transparency to the Fundraising Process for Investors and Entrepreneurs

BuildGroup, an Austin-based venture capital firm founded in 2015 which raised a $330 million fund, launched an analytics platform for investors and startup founders last week. It’s called Open.Exchange focused on matching investors with the best startups, and vice versa, said Jim Curry, head of BuildGroup Data Services. “We built it for ourselves, but it […]

Austin is Becoming a Real Estate Technology Hub

The Future of Real Estate Summit took place at the Hotel Van Zandt last Wednesday in the Rainey Street District. The 4-Star boutique hotel, which opened in 2015, is a symbol of the transformation that has taken place in downtown Austin in the last decade. The neighborhood once filled with single-family homes is now an […]

Austin-based Wikibuy is Booming Since its Acquisition by Capital One

Austin has become an eCommerce hub. And that’s thanks, in part, to homegrown startups like Wikibuy, which was acquired by Capital One for an undisclosed sum in November of 2018. Other major Austin players in the eCommerce industry include RetailMeNot, Bazaarvoice, BigCommerce, Dosh, Convey, H-E-B Digital, Black Locus/Home Depot, and Favor. And Austin is also […]