Category: Austin (Page 172 of 318)

Everfest Wants to Help You Discover the World’s Best Festivals

By LAURA LOREK
Reporter with Silicon Hills News

imgres-1As summer kicks off so does festival season including the Keep Austin Weird Festival, Austin Chamber Music Festival and Bat Fest.

But hundreds of festivals also take place all over the world and often it’s difficult to find out what’s going on where and when.

The solution is Everfest, an Austin-based startup that seeks to be the marketplace for discovering festivals worldwide. But it’s not just listing music festivals. The categories include arts, book, civic, culture, faith, film, food, historical, performance and seasonal. And it even has a category for “unique” for gatherings such as the Austin International Drag Festival and Zilker Kite Fest.

“We want to be inclusive. We want to promote all the great festivals. We’re agnostic to scope and geography,” said Jay Manickam, co-founder. In fact, Everfest has seen festivals of all sizes claiming their pages and actively managing them, he said. It has festivals listed on every continent.

Everfest recently closed on $1.5 million in an angel round funding from investors including Bob Kagle of Benchmark, ATX Seed Ventures, uShip Founders and investors from Austin’s tech community.

And the Austin Chamber of Commerce last week named Everfest to its 2015 A-List of the Hottest Startups in the emerging or early stage category.

Manickam, co-founder of uShip and Paul Cross, founder of Ticketbud, founded the company in October of 2014 and officially launched in April. Everfest, with 12 employees, occupies a little cottage off Lake Austin Blvd.

The inspiration for Everfest came from a trip abroad.

“We were looking for a challenge in the consumer space around a passion,” Manickam said. “I’m an avid traveller. I’ve been to quite a few festivals.”

They came up with the idea for Everfest while touring Europe. Manickam and Cross travelled through small towns and big cities in Europe and noticed a plethora of festivals all around them, Manickam said.

As they did research, they discovered attendance at festivals is on the rise worldwide, Manickam said. And it’s not just music festivals that are popular. It’s also book and film festivals, food and wine festivals and more, he said.

The creative class sees festivals as a destination involving adventure, travel and entertainment, Manickam said. And now many young people value experiences over material goods so festivals meet their needs, Manickam said.

“All of us are dying innately to connect around passions we have,” Manickam said. “That’s really part of why you see so many festivals now than you did 15 years ago. People want to engage with each other. And the more we can make connections happen that wouldn’t otherwise happen the more opportunity we have to succeed.”

Everfest also created a mobile app that makes it unnecessary for festivals to create their own app. It also comes with a “find my friends” feature that lets festival attendees see who else is attending the event.

On the Everfest site, a consumer can create a calendar of fun through recommendations based on their taste profile. They can also share their calendar and see where their friends are going. The company plans to create a “User Generated Content” platform for people to post stories, pictures and videos of festivals they’ve attended.

Festivals are hot right now. It’s a worldwide movement. One out of three Americans attended a festival last year, Manickam said. And festivals are even more popular in Europe and South America.

“You’d be amazed at how many festivals there are in just in Austin that you’ve never heard of,” Manickam said.

Everfest makes money through partnerships in travel, accommodations and ticketing. It’s also working on some exclusive experiences too.

To qualify as a festival, an event has to be celebratory and that excludes work conferences. It also has to be inclusive and it cannot be a private club, Manickam said.

“There is a high demand for everything around festivals right now,” Manickam said. “People want to connect physically in an offline community.”

WayBlazer Receives $5 Million in Funding

imgres-5WayBlazer, a travel search and discovery startup, received $5 million in Series A funding including an investment from IBM.

The Austin-based company uses cognitive computing to help consumers buy and book travel plans. Its discovery engine uses Watson technology to crunch massive amounts of data easily and tailor recommendations to each consumer.

Terry Jones, founder of Travelocity and founding chairman of Kayak, is chairman of the company. Felix Laboy is the CEO.

IBM’s investment in WayBlazer is part of IBM’S $100 investment fund earmarked for innovative business solutions that build on Watson. It also invested in Sellpoints, an ecommerce company based in California. It raised $7.5 million as part of a Series C funding round.

“WayBlazer and Sellpoints are terrific examples of how cognitive computing technology can be used to help organizations redefine customer engagement and drive much deeper, meaningful and relevant consumer experiences,” Stephen Gold, vice president, IBM Watson, said in a news release.

CoachTube Acquires PlaySportsTV

CoachTubeLogo-SQUARE1CoachTube.com, a startup founded last year by Wade Floyd in Austin, provides a platform to connect athletes with coaches via video tutorials.

Some of the instructional videos are free. Others charge prices ranging from $10 to $100. The site offers hundreds of videos in a variety of sports including baseball, basketball, football, martial arts, skiing, swimming, tennis, volleyball and more.

The site officially launched in February.

And now CoachTube.com is expanding further. Forbes is reporting that CoachTube.com acquired “PlaySportsTV to enhance the quantity and quality of its offerings” on May 15th. The terms of the deal were not disclosed.

PlaySportsTV has more than 3,000 videos and provides its customers with access to more than 7,000 coaches.

“I created CoachTube.com for the kid in me that wished I could have learned from the best growing up. The expensive sports camps were not in my parent’s budget, so it just made sense to create an affordable option for aspiring athletes of all ages. After talking to hundreds of coaches, from pros to parent volunteers, I realized the impact CoachTube could have in today’s online-learning atmosphere, especially because there isn’t an online marketplace for coaching and learning sports skills like there is in academic and technology learning,” Floyd said in a news release. “Growing up, I often wondered why there wasn’t a place online where the best coaches from each sport could showcase their talents. What I’ve learned in the process of building this site, is that my curiosity was shared by other coaches who not only wanted to share their knowledge of the game, but also to help other athletes reach their goals.”

NewCo Conference Brings Together the Startup Community in Austin

imagesNewCo is a new conference in Austin that seeks to introduce people to innovative companies with presentations on a variety of topics in their offices.

It’s kind of like RISE Austin, which used to hold a week long series of talks in Austin at various startups around town. But RISE held its last event in 2013. NewCo requires attendees to register for a ticket. The tickets range from free, which allows a person to attend one event a day for two days to the Platinum pass which includes unlimited sessions and a VIP reception.

The host companies include a who’s who of Austin startup companies, incubators and coworking spaces. They include Capital Factory, Atlassian, BuildASign, Chaotic Moon, Everfest, Favor, General Assembly, Google Fiber, HomeAway, Main Street Hub, RetailMeNot, Spredfast and many more.

The Austin NewCo event starts Thursday night at Atlassian with a VIP Kickoff and Reception. The event features a special fireside chat with NewCo Co-founder John Battelle.

NewCo describes itself as a “new kind of event experience: a mashup of an open studio tour and a business conference, with the vibe of a music festival.” The sessions take place in the offices of the startups to give attendees an insider view of the startup scene. NewCo is holding events in 15 cities around the world this year.

The event concludes Friday evening with a meetup and Capital Factory anniversary party at Palm Door on Sixth Street.

Sizmek Acquires StrikeAd for $11.2 Million

imgres-3Sizmek, an ad management platform, announced Friday its acquisition of StrikeAd, a mobile ad platform, for $11.7 million.

Austin-based Sizmek, founded in 2013, operated as the online segment of Digital Generation. In February of 2014, Digital Generation spun off Sizmek.

Sizmek plans to integrate the StrikeAd platform into its Sizmek MDX platform. The acquisition gives Sizmek a more robust mobile advertising platform to offer to its customers.

“Mobile, a multi-device experience by its very nature, isn’t just another channel – it requires a radically different way of interacting with customers,” Neil Nguyen, CEO and President of Sizmek said in a statement. “The addition of StrikeAd to Sizmek’s comprehensive mobile offering for marketers and agencies increases our addressable market and provides Sizmek with programmatic and mobile-specific expertise so we can accelerate these key areas of strategic focus for the company.”

The deal is expected to close on May 28th. StrikeAd, based in New York, was founded in 2010.

Sizmek is an independent third party ad server with more than 3,400 agencies, 17,000 brand advertisers and 22,000 global web publishers, serving ads in 60 countries.

Austin’s A-List of Top Startups for 2015

At a special event at the Moody Theater Thursday night, officials with the Austin Chamber of Commerce announced its 2015 A-List of the top 12 most promising startups in Austin.

A panel of independent judges selected the companies from more than 275 nominations.

“Austin is rich with innovative startups that are primed for rapid growth. The A-List platform shines a spotlight and amplifies our diverse and rich talent, helping to maintain our lead as the most innovative, entrepreneurial region,” Michele Skelding, the Austin Chamber’s Senior Vice President of Global Technology and Innovation, said in a news release.

A-List companies are considered to be some of the most likely to attract investment capital and to get traction in their market. To date, A-List companies have received a combined $358,670,000 in funding, according to the Chamber.

Hugh Forrest, director of SXSW Interactive, co-hosted the event with Skelding. Speakers included Gene Austin, Chamber Chair and CEO and President of Bazaarvoice, Bob Metcalfe, professor of innovation at the University of Texas at Austin, Hank Seale, founder and Chairman of Q2 and Erik Qualman, bestselling author.

The Austin Chamber also gave a special “Rise Star” entrepreneur award to Mikaila Ulmer, the local 10-year-old founder and CEO of BeeSweet Lemonade, who had a successful appearance on ABC’s SharkTank.

The Austin A-List companies in the emerging or early stage category, meaning they’ve received funding less than $1 million or have less than $1 million in revenue include Everfest, a global events platform, Bitfusion.io, software that speeds up hardware, Green & Grow, microbe derived by products that increase crop yields, and ENTVantage Diagnostics, which provides a rapid diagnostic test for sinusitis.

In the growth or mid-stage category, with companies receiving funding between $1 million and $10 million or up to $20 million in revenue, the companies included CognitiveScale, which has created a cognitive cloud platform that can mine huge databases and understand natural language to present data in an easy to understand format, Neogenis Labs which makes patented nitric oxide nutraceuticals and nutritionals, Illumitex, creator of LED lighting, EPIC, which makes protein bars and SparkCognition, a cognitive security analytics company.

In the scale, or later stage category with companies receiving funding above $10 million or revenue of more than $20 million, the companies included SpareFoot, a self storage marketplace, Silvercar, a rental car company and Volusion, an ecommerce company.

Peeple Launches Peephole Camera on Kickstarter

PeeplePeeple, a smart camera that attaches to the peephole of a front door, just launched its Kickstarter campaign today and is close to meeting its $50,000 goal.

The Austin-based startup participated in the Highway1 Hardware startup accelerator in San Francisco last year and created quite a few prototypes before perfecting its product.

The Peeple camera mounts to a peephole or can be stuck on the glass of a door. It has sensors and a battery that communicate to a smartphone whenever someone opens the front door or knocks at the front door.

Chris Chuter, a University of Texas at Austin graduate with a Bachelor and Master’s Degree in electrical and computer engineering is the co-founder of the company along with David Genet, with a background in mechanical engineering and architecture and Craig Sullender, an electrical engineer. They received $50,000 in a seed investment from participating in the Highway1 program.

Peeple, founded in November of 2013, won the AngelHack hackathon in Austin. It beat out more than 30 projects and that convinced the founders to pursue the project full time.

The company sold out of the super early bird Peeple cameras for $99 and the $129 early-bird Peeple cameras. It is now selling the devices for $149 a piece.

So far, Peeple has raised $32,574 from 252 backers during and it just launched its Kickstarter this morning.

Vyopta Moves to Bigger Austin Headquarters and is Hiring

Vyopta Founders Rick Leung, Chief Technology Officer and Alfredo Ramirez, Chief Executive Officer and Andrew Chen, Vice President and General Counsel, courtesy photo.

Vyopta Founders Rick Leung, Chief Technology Officer and Alfredo Ramirez, Chief Executive Officer and Andrew Chen, Vice President and General Counsel, courtesy photo.

Vyopta Inc., which provides analytics for video and web collaboration technologies, has announced plans to move into a bigger headquarters in the Barton Creek Plaza Office Building.

The Austin-based startup, founded in 2007, has 25 employees and plans to hire 12 additional employees to fill up its new office, which is more than 6,100 square feet.

The company’s business is booming, according to its CEO Alfredo Ramirez.

“From 2013 to 2014, Vyopta has more than doubled our customers and tripled product sales,” Ramirez said in a news release. “We moved our company headquarters to be closer to our customers, partners, employees and potential recruits. We want to be near where people live and work in Austin, and our proximity to the technology corridor allows us to be among other local technology companies in our community.”

Vyopta provides companies with cloud-based video solutions to allow them to manage, reduce the cost and improve the quality of video and web collaboration. Its customers include five of the Fortune 50, Department of Veteran Affairs, financial institutions and healthcare companies.

Vyopta plans to hire additional software development, sales and marketing and customer support employees during the next year.

Austin-Based Done Aims to put Military Veterans to Work

search-1Done.com helps people book services for their home.

The Austin-based company just launched Yards for Vets, a program with plans to employ 50 local veterans in the lawn care industry.

“There are over 19,000 unemployed veterans in Texas,” Keith Peterson, Chief Marketing Officer of Done.com, said in a news release. “We can’t solve that problem alone but we can fight it by helping people who have served our country honorably and now need an opportunity to work.”

To book lawn care service, visit YardsforVets.com.

Other handy helper services Done offers include painting, general handiwork, furniture assembly and more. Done serves as a marketplace connecting homeowners with local service providers who are licensed, insured and have background checks.

RealMassive Completes Series A Fundraising Round

searchRealMassive announced Thursday it has completed its Series A round with a large investment from RHS Investments.

The Austin-based startup has raised $8 million so far. Hank Seale, chairman of the board for Q2 Holdings, runs RHS. RealMassive also named Seale as its chairman of the board.

Craig Hancock, co-founder of RealMassive will now serve as CEO and Joshua McClure, also a co-founder, will serve as president. They will focus on sales in Austin.

“We are thrilled to announce the completion of our Series A, and we welcome Hank as Chairman of the Board,” said Hancock. “Hank’s public company experience provides RealMassive with exceptional senior leadership as we scale data-driven solutions to the commercial real estate industry. The Austin market reached data-maturity first, leading the nation as the earliest adopter of our premium products and services.”

RealMassive, which launched in 2013, provides accurate real-time data platform and analytics for the commercial real estate industry in Austin.

RealMassive has 29 employees and has launched in 33 major markets in the last year and a half. It provides information about 4.6 billion square feet of commercial real estate properties. Its partners include many of the nation’s leading commercial real estate companies including CBRE, Brandywine, Oxford, Cushman & Wakefield and others.

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