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CURB Lands $1.25 Million in Seed Stage Funding

Curb_hardwaresoftwarebig-300x208CURB, an Austin-based energy startup, announced Tuesday that it has closed on $1.25 million in seed stage funding form angel groups, strategic partners and Capital Factory.

The three year old company recently completed an Indiegogo campaign in which it raised nearly $118,000, more than 400 percent of its sales goal and sold hundreds of units of its energy monitoring device to consumers worldwide. CURB makes a monitor that tracks all electricity usage in a house and can help homeowners reduce their energy consumption and save money.

In addition, the company announced Eric Gould Bear joined the company as its Chief Experience Officer and joined its board of directors.

“Users and investors both recognize that CURB provides a better way to manage energy. Our over-subscribed funding round underscores this fact,” Founder and CEO Erik Norwood said in a news release.

RetailMeNot Names Tarleton as its New Chief Marketing Officer

Marissa Tarleton has joined RetailMeNot as its chief marketing officer for North America. Courtesy Photo.

Marissa Tarleton has joined RetailMeNot as its chief marketing officer for North America. Courtesy Photo.

RetailMeNot Tuesday named Marissa Tarleton as its new chief marketing officer for North America.

Tarleton will be in charge of “all consumer brand advertising, customer acquisition and retention, search engine marketing, public relations, internal communications, business-to-business marketing, and customer relationship management,” according to a news release.

“I’m so excited that Marissa, a skilled marketer who helped build one of the leading consumer electronics brands in the world, has decided to join RetailMeNot as we reimagine the shopping experience,” Cotter Cunningham, CEO and founder, RetailMeNot said in a news release. “In addition to her expertise in CRM and branding, I believe that Marissa’s presence on the executive team will help us evolve RetailMeNot into a business that consumers more frequently rely on for more than just coupons when they shop. This year, RetailMeNot is providing our users with more ways to find value when they shop. As we bring these new services to market, I know Marissa will help us expand upon our mission to save the world (some money).”

Before joining RetailMeNot, Tarleton worked at Dell for 13 years and most recently led its North America Consumer and Small Business organization. She also previously worked in advertising in New York City for Ogilvy & Mather and Foote Cone & Belding.

At SXSW Eco Discussing Transportation of the Future: the Hyperloop

aid Dirk Ahlborn, CEO of Hyperloop Transportation Technologies, photo courtesy of SXSW Eco

aid Dirk Ahlborn, CEO of Hyperloop Transportation Technologies, photo courtesy of SXSW Eco

Next year, Hyperloop Transportation Technologies, is breaking ground on a five mile test hyperloop outside of Los Angeles, said Dirk Ahlborn, CEO of Hyperloop Transportation Technologies.

The company wants to test out the technology, proposed by Tesla and SpaceX Founder Elon Musk, to ultimately create a high-speed transportation system between Los Angeles and San Francisco. The hyperloop would carry people in speeds up to 700 miles per hour in a capsule inside a tube moving in a high pressure environment like a pneumatic tube. The system is on pylons. With one tube, the hyperloop can handle three times the airline traffic between Los Angeles and San Francisco, Ahlborn said.

The hyperloop uses solar power and kinetic energy and produces more energy than it consumes, Ahlborn said. He delivered the afternoon keynote address at SXSW Eco on Monday.

Harvesting Water and Other Resources from Asteroids in Space

Chris Lewicki, the president and chief engineer of Planetary Resources, photo courtesy of SXSW Eco

Chris Lewicki, the president and chief engineer of Planetary Resources, photo courtesy of SXSW Eco

Scott Wilcox, the director of South by Southwest Eco introduced the conference’s kickoff keynote address by Chris Lewicki, the president and chief engineer of Planetary Resources, Monday morning.

“I am really excited about our opening speaker,” Wilcox said. “He helms a company whose vision is to do the impossible now. To bring the natural resources of space within humanity’s economic sphere of influence.”

Lewicki embraces innovation by harvesting water and other resources such as platinum metals from asteroids.

Today, researchers have discovered 600,000 asteroids, which is just one percent of the asteroids that are out there, Lewicki said.

The asteroids are the future of a trillion dollar industry, Lewicki said.

Eight Can’t Miss Events at SXSW Eco

SXSW Eco courtesy photo.

SXSW Eco courtesy photo.

South by Southwest Eco kicks off on Monday and runs through Wednesday with a packed schedule focused on cities, corporate social responsibility, startups, design, energy, water, policy and more.

The event is only open to registered participants and takes place at the Austin Convention Center. The walk up rate is $495.

Here’s a few of the don’t miss panels and talks at this year’s event.

1.) MONDAY – Redefining Natural Resources – Turning Sci-Fi into Science Fact – Chris Lewicki with Planetary Resources gives the keynote address at 9 a.m. The company is harvesting natural resources from space like water and rare metals from asteroids to supply the earth’s economy.

2.) MONDAY – Startup Showcase: International Innovations starts at 9:45 a.m. This is one in a series of startup pitch events at SXSW Eco. It features a live pitch competition from global startups.

3.) MONDAY – Space Age Solutions to Earth’s Complex Challenges AT 11:00 a.m. A panel of experts discuss the rise of commercial activity in space by private companies.

4.) MONDAY – Transportation of the Future: Building the Hyperloop at 1:00 p.m. featuring Dirk Ahlborn, CEO of Hyperloop Transportation Technologies. He’ll discuss the latest advances in transportation from supersonic trains to drones and next-generation planes.

5.) MONDAY – Designing The Cheeseburger Of Tomorrow at 4:45 p.m. featuring a panel of experts discussing the cheeseburgers of the future engineered with meat and dairy products that can be grown in the lab from animal tissue or require no animals at all.

6.) TUESDAY – VC + Clean Energy Startups: Unexamined Progress at 9:30 a.m. A panel of experts discussing ways to finance energy startups.

7.) TUESDAY – Another VC focused panel on financing innovative startups: Inventing the Future: How Black Swans Can Solve the World’s Sustainability Problems at 2:15 p.m. features Andrew Chung, investment partner in Khosla Ventures.

8.) WEDNESDAY – Encoding Empathy in Technology at 10:30 a.m. involves a panel of experts talking about how to ensure inventors and users of innovative technology maintain a strong ethical fiber and strong empathetic skills.

13 Top Picks for Austin Startup Week

imgres-3-1Are you ready for Austin Startup Week? Five days of fun events for the technology community to learn and celebrate its uniquely Austin culture. There’s definitely something for everyone. Here’s just a few of the top picks on our list for this week. (It’s a busy week in Austin tech since South by Southwest Eco also kicks off on Monday at the Austin Convention Center and InnoTech Austin takes place on Thursday.)

1. On Monday, make sure to wear your vintage startup T-shirt and attend the Austin Startup Week Opening Party: The Austin Technology Council’s Battle of the Tech Bands from 6 p.m. to 10 p.m. at Mohawk. It features tech bands from AthenaHealth, Sailpoint, Under Armour, SpareFoot, Civitas Learning, WP Engine and Dropbox.

2. On Tuesday, go meet Amos Schwartzfarb, the new managing director of Techstars Austin. He’s currently recruiting the next cohort of startup companies for the highly competitive technology accelerator. Schwartzfarb is holding office hours as well as conducting fireside chats at Techstars Austin. Some of the sessions are filling up quickly.

3. Also, on Tuesday, the Central Texas Angel Network and its executive director, Claire England, is hosting an entrepreneurial workshop from 1 p.m. to 3 p.m. at Techstars. CTAN is one of the most active angel networks in the country. They’ve been a huge asset in funding and growing Austin’s technology industry.

4. On Tuesday evening, attend the first Women in Tech Mixer. A lot of talk lately in the tech world has focused on inclusion and diversity. Here’s an opportunity to not just talk the talk but walk the walk.

5. Wednesday is also a busy day! In the morning, you’ll have to choose among several great events. We recommend getting up early and heading to Britain Open for Business starting at 8:30 a.m. at Old School, 401 E. Sixth Street.

6. Then head over to Capital Factory for the Oslo Innovation competition, your startup could win an all expense paid trip to Norway.

7. And also on Wednesday is the popular Tech Writers Panel put on by Dave Manzer at PR Over Coffee which is being held at Techstars starting at 10 a.m. The event features Stacey Higginbotham with Fortune, Tom Cheredar with Gigaom, Jared Wynne with the Daily Dot and Laura Lorek with Silicon Hills News.

8. In the evening on Wednesday check out the Australian Networking Event which takes place at the Kunst Gallery at 411 Brazos from 7 p.m. to 8:30 p.m

9. Also Wednesday night is the third annual Social Good Summit fast pitch contest at Google Fiber headquarters at 201 Colorado Street in downtown Austin. RSVP and get your ticket here.

10. Thursday – Austin’s premier technology conference: InnoTech Austin kicks off with a keynote talk on the space industry at the Austin Convention Center. The event requires registration, but InnoTech is providing complimentary registration with the discount code START99.

11. Thursday – A special edition of Austin Open Coffee Club is being held from 9 a.m. to 11 a.m. at Atlassian’s headquarters at 303 Colorado Street, Suite 1600. Damon Clinkscales heads up this popular tech entrepreneurial meetup.

12. Thursday – ATX Startup Crawl – this event even has its own smartphone app to keep track of all of the startups participating in the event, which culminates at Capital Factory.

13 Friday – Austin Startup Week Hangover Breakfast, hosted by Hired.com, at Departure Lounge 311 W 5th St.

Get Set to Rock at the ATC Battle of the Bands at Austin Startup Week

ATC Battle of the Bands photo from 2014, courtesy of Austin Technology Council.

ATC Battle of the Bands photo from 2014, courtesy of Austin Technology Council.

Tech and music go together like smartphones and selfies.

And fresh off the first weekend of the Austin City Limits festival comes one of the biggest tech band battle showdowns of the year.

This year, six bands hailing from the offices of local tech companies will compete at the Austin Technology Council’s Battle of the Bands that will also kick off Austin Startup Week Oct. 5th at Mohawk. That’s down from 11 bands that played at the event last year.

This is the third annual Battle of the Bands and each year the event attracts more than 1,000 people, according to event organizers.

The bands are from AthenaHealth, Sailpoint, Under Armour, SpareFoot, Civitas Learning, WP Engine and Dropbox.

The event is free but ATC does want everyone to register for a ticket. There’s also an option to order food from onsite food trucks via Foodee for a few dollars extra.

The fifth annual Austin Startup Week runs Monday through Friday. Check out the full lineup of events here.

Mirna Therapeutics is Austin’s Newest Public Company

Licensed from iStockphoto.com

Licensed from iStockphoto.com

Mirna Therapeutics became Austin’s newest publicly traded company last week.

The biopharmaceutical company, which is developing therapies for the treatment of liver cancer, filed an amended S-1 Registration document with the U.S. Securities Exchange Commission to offer 6.2 million shares at $7 a share to raise $44 million during its initial public offering last Thursday.

The company is now listed on the Nasdaq under the symbol MIRN.

Mirna Therapeutics, founded in 2007, has raised $82.8 million from 16 investors in four rounds, according to its CrunchBase profile. The company is currently in Phase I clinical trials with its microRNA replacement drug therapies to jumpstart the body into suppressing cancerous tumors. It plans to use the proceeds from its IPO to finance further development of its drugs and for clinical trials, according to its registration statement.

RunTitle Gets $8 Million to Make it Easier for Oil and Gas Companies to Drill Wells

iStock_000001993092_LargeRunTitle announced last week it has closed on $8 million in Series A financing led by the Founders Fund.

The Austin-based startup also received funds from Deep Fork Capital, existing investor Austin Ventures and several individuals.

RunTitle plans to use the funds on engineering, marketing and sales and to expand its dataset of mineral title information. The company makes software that taps into its proprietary database of mineral and drilling rights titles. The process makes it easier for oil and gas companies to find the mineral rights owner on properties in which they want to drill or acquire.

“Oil and gas companies are seeking out ways to maximize efficiency now more than ever. By making land information easily accessible, RunTitle has the potential to eliminate billions of dollars of unnecessary spend,” Geoff Lewis, Partner at Founders Fund, said in a news release.

Aceable Closes on $4.7 Million in Funding

imgres-3Aceable, a startup seeking to disrupt the driver’s education market, announced Thursday it has received $4.7 million in seed stage funding.

The Austin-based company plans to use the money to hire employees and to enter new markets that require professional certificates.

Silverton Partners led the funding with participation from Floodgate Ventures, NextGen Angels and Capital Factory.

Aceable, with 20 employees, offers online courses in drivers education, defensive driving and traffic school in Texas and Florida. It has roughly 100,000 customers. Silicon Hills News did this profile on the company earlier this year.

“Our goal is to make the required driving education and certification process enjoyable and accessible to everyone,” Blake Garrett, Aceable CEO, said in a news release. “Just in drivers education alone, we’ve already seen 80 percent of our courses completed on a mobile device. Now with additional funding, we’re excited to be able to offer our mobile drivers ed courses in other states and continue to add new applications.”

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