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 […]

Austin-based FlashParking Receives $60 Million in Funding

Finding a parking space in downtown Austin is an increasingly difficult task that FlashParking seeks to solve. And the Austin-based company landed $60 million in strategic investment from the Growth Fund of L Catterton, a private equity firm. FlashParking plans to use the funds to scale its parking solution into connected mobility hubs. Founded in […]

Austin Tech and Startup Events to Attend in January

Happy New Year! A little late to post the January events this year. But that’s because of the 2020 Austin Silicon Hills News Austin Calendar. It’s made it back from the printers and it’s being prepared for its debut at the sixth annual SHN Calendar Party. This year, the party is being held at The […]

Austin’s 2019 VC Investment Hits $1.7 Billion, up Nearly 28 Percent from 2018

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 and CB Insights. The report found investors did 151 deals in 2019, up almost 22 percent from 2018. And in the fourth quarter of 2019, Austin-based startups raised $295 million, […]

Austin’s Carl Deckard, one of the Pioneers of the 3D Printing Industry, has Died

Carl Deckard, 58, one of the pioneers of 3D printing died in Austin over the holidays. Deckard died on Dec. 23, according to his obit. Deckard was one of the inventors of “Selective Laser Sintering,” the technology at the forefront of 3D printing. Deckard developed the technology at the University of Texas at Austin while […]

Austin’s Televet Lands $2 Million in Funding

Telemedicine has come to the pet market. Austin-based Televet, an online platform that connects veterinary clinics to existing clients, announced that is has raised $2 million in seed-stage funding. Dundee Venture Capital and Mercury Fund, co-led, the round with participation from GAN Ventures. Founded in 2015, TeleVet has raised $2.3M to date. The company plans […]

Austin’s ePayPolicy Receives a Significant Investment from Serent Capital

ePayPolicy, a digital payment processor for the insurance industry, announced last week that it has received a significant investment from Serent Capital, a private equity firm with offices in Austin and San Francisco. Austin-based ePayPolicy, founded in 2014, did not disclose the amount of the investment. The company plans to use the investment to accelerate […]

Austin’s argodesign Expands Again With a New York Studio

argodesign is expanding again. This time the Austin-based design firm is opening a studio in New York. Mehera O’Brien will run the studio as head of creative. argodesign launched its European studio in Amsterdam last March. “Our New York studio centers around cross-pollinating technology with the traditional approach of user-centered design,” O’Brien said in a […]

P&G Buys Billie, a Women’s Shaving Products Startup

Billie, a startup that makes shaving products for women, just got acquired by P&G. The companies did not disclose the financial details of the deal. Billie, founded in 2017 in New York, is a portfolio company of Austin-based Silverton Partners. That same year, Silverton Partners led a $6 million seed-stage investment for the company with […]

SKU Welcomes 7 new Startups into SKU Track 8

By LAURA LOREK, Publisher of Silicon Hills News SKU, a consumer-packaged goods accelerator, on Tuesday officially kicked off its SKU 8 cohort. The seven companies accepted into the 14-week program are Aura Bora, Blenders & Bowls, Cheddies, Esker, Ladybird Provisions, Mushroom Revival, and Paleo Powder Seasonings. More than 150 people attended the SKU launch party […]