Are you wonder struck over the amount of money, deals and companies flowing into the Austin area?
It’s exciting times in the Silicon Hills, the high-tech region of Austin and San Antonio.
Not only is Austin, which is known for its start-up culture and high-technology ventures, taking off like a shotgun blast, but San Antonio’s tech entrepreneurial scene has begun to bubble up to the surface like Texas crude.
So much has happened in just the past week that it’s difficult to keep on top of all the activity. So we’ve rounded up the best deals below and if we’ve left anything off, please add to it in the comments section.
San Antonio-based Rackspace Hosting Inc. has opened up satellite offices in Silicon Valley. The San Francisco Chronicle wrote a nice story about their new offices. The official opening is Dec. 1, but already employees, including Uber-blogger Robert Scobel, who runs Building 43, a technology site that specializes in video interviews with technology entrepreneurs, have moved in.
Meanwhile, Geekdom, a new collaborative workspace at the Weston Centre in downtown San Antonio, continues to host events including 3 Day Startup San Antonio and Start-up Ignite’s Hack-a-thon.
In Austin, Evernote’s CEO Phil Libin flew in to open the company’s first U.S. satellite office in the Bridgepoint Parkway Office Complex. It’s hiring a bunch of people for the Austin operations too.
Speaking of moving to town, the Austin American Statesman reported that SceneTap, a social media app for bar patrons, announced plans to relocate its operations from Chicago to Austin.
And BlackLocus, an e-commerce pricing analysis company, announced Austin as the headquarters of its company, which recently graduated from the LaunchPad program at the Austin Technology Incubator.
Meanwhile, Rapid 7, an online security firm, just landed $50 million in funding and will use the proceeds, in part, to expand its Austin operations
And ServiceMesh, a Santa Monica-based cloud platform maker, has raised $15 million and plans to expand its Austin operations, according to this story by Lori Hawkins of the Austin American Statesman.
Capital Factory graduate, WPEngine closed $1.2 million in series A financing, according to this post from Bryan Mennel at Austin Startup.
Last, but not least, SXSW continues to release a bunch of news about next year’s Interactive conference. The deadline for entering your start-up into its SXSW Accelerator is today. It was actually Friday, but SXSW, which often extends deadlines at the last minute, pushed it until today. So if you’re a totally procrastinator, get your application in now.
Tech Ranch Austin’s next Venture Forth program begins Nov. 29, and full disclosure SiliconHillsNews is going to be participating in the program. Tech Ranch still has a few openings left, but it’s limited to 15 entrepreneurs.
Leave a Reply