Michael and Susan Dell Pledge $36 Million to Help Rebuild Texas Following Hurricane Harvey

Michael Dell, chairman, and CEO of Dell Technologies announced in a post on Facebook Friday plans to donate $36 million to a fund to Rebuild Texas. “We must rebuild the Texas communities devastated by Hurricane Harvey together,” Dell wrote. On Friday, Michael and Susan Dell launched the Rebuild Texas Fund with Gov. Greg Abbott and […]

Aceable Expands its Mobile Drivers Ed App into California

Aceable launched its mobile app to teach teens to drive in California this week. The Austin-based startup reported as of Tuesday teens between the ages of 15 and 17 and a half years old can now fulfill their 25 hour classroom requirement on Aceable’s mobile app. The Aceable app is available for iOS and Android […]

Austin-based Favor Lands $2 Million in Seed Stage Funding

The Wall Street Journal is reporting that Favor, a food delivery service for central Austin, has received $2 million in seed funding. Favor launched in Austin in June of 2013. It’s also available in Boston and San Luis Obispo. Zac Maurais and Ben Doherty, graduates from California Polytechnic State University or Cal Poly, founded the […]

SpaceX to Build a $85 Million Rocket Launch Pad in Brownsville

Texas is set to play a major role in the new space race. This week, Gov. Rick Perry announced Texas would offer $15.3 million in incentives to bring SpaceX’s commercial rocket launch facility to Brownsville, on the southern tip of Texas. The facility will launch commercial satellites. SpaceX, led by Elon Musk, plans to create […]

Facebook Reaches Out to Small Businesses in Austin

By LAURA LOREK Founder of Silicon Hills News Facebook, with more than 1 billion active users, has become the digital main street for small business owners from plumbers to jewelry stores. They can hang their shingle, a Facebook business page, and reach their small town customers or a global audience. And just a fraction of […]

Texas Had 150 VC backed Deals Worth $1.3 Billion in 2013

Texas reported 150 venture capital backed deals worth $1.3 billion in 2013, according to a report by PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Reuters. The number of deals in Texas fell nearly 9 percent from 163 but increased 37 percent in the dollars invested from $948.8 million in 2013. […]

Are You the Kind of Business the Texas Emerging Tech Fund is Looking For?

By SUSAN LAHEY Reporter with Silicon Hills News If your company meets the criteria for the Texas Emerging Technology Fund, you may have a good shot at a $2 million investment. But don’t rush to fill out the application, says Larry Peterson, executive director for Texas Foundations for Innovative Communities. Instead, go directly to a […]

Burpy Expands to San Antonio and Houston

By LAURA LOREK Founder of Silicon Hills News Last Longhorn Startup class, Aseem Ali and a team of undergraduate students pitched Burpy, a grocery delivery service. Now he’s running a quickly growing startup and finishing up his degree as a senior studying mechanical engineering at the University of Texas. Burpy, which expanded into the San […]

Billionaire Mark Cuban likes to “Party Like a Rock Star” and Invest in Startups

By LAURA LOREK Founder of Silicon Hills News Since selling Broadcast.com to Yahoo for $5.7 billion in 1999, Billionaire Mark Cuban has invested in 80 startups. But his entrepreneurial ventures began as a kid growing up in Pittsburgh. “As long as I can remember I was an entrepreneur,” Cuban said. At the age of nine […]

Austin Startup ScanSee Creates an All-in-One City App

By ANDREW MOORE Reporter with Silicon Hills News Imagine that you needed to report a pothole to the city, pay your electricity bill, find a good sushi place nearby, and promote your business on mobile devices. What mobile app would you use? Well you would have to use several, because no one app does all […]