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CSO Research of Austin Merges With MBA Focus

Erik Mulloy, chief executive officer and founder of CSO Research

Erik Mulloy, chief executive officer and founder of CSO Research

CSO Research, which makes undergraduate career service software since 2001 in Austin, has merged with MBA Focus, based in Dublin, Ohio.

Columbus-based Cozzins Road Capital and C3 Capital Partners have invested $10 million in the combined entity, said Jim Perry, spokesman. The $10 million is for the merger and future growth, he said..

CSO Research employs 32, and MBA Focus has 27 employees, Perry said. The merged companies will choose a new name in the coming months, he said.

“This deal builds the world’s leading network for matching students and employers,” Perry said.

MBA Focus, founded in 2003, provides graduate business school career service software and recruitment technology. It works with more than 2,000 companies and students at 75 graduate schools. Erik Mulloy is the Chief Executive Officer and founder of CSO Research. Jack Gainer is the Chief Executive Officer of MBA Focus.

Together the companies will create a network of 1,000 schools and career service centers. They match employers to undergraduate and graduate students looking for jobs.

CSO Research lets companies tap into information on 1.4 million undergraduate students nationwide. The combined online platform of undergraduate and graduate students looking for jobs will make the recruiting process a lot easier for companies looking for talent, according to the companies.

The online platform also gives universities and business schools a way to track student placements and career outcomes. Already, CSO Research produces “The Outcomes Survey,” with nationally standardized data on graduate career outcomes including where graduates find jobs or enroll in graduate school.

Austrian Entrepreneurs Visit Austin

By LAURA LOREK
Reporter with Silicon Hills News

Austrian Entrepreneurs visiting Austin include Alex Pinter of Trayn, Thomas Schranz of Blossom, Florian Dorfbauer of Usersnap, Waldemar Hummer of Riox, Hannes Leo of cbased and Johannes Matiasch of Sweazer.

Austrian Entrepreneurs visiting Austin include Alex Pinter of Trayn, Thomas Schranz of Blossom, Florian Dorfbauer of Usersnap, Waldemar Hummer of Riox, Hannes Leo of cbased and Johannes Matiasch of Sweazer.

A group of technology entrepreneurs from Austria visited Austin this week as part of a U.S. State Department International Visitors Leadership program.

They had meetings with entrepreneurs, government officials and others at Capital Factory, City Hall, TechRanch and other locations around town.

Alexa Wesner, the U.S. Ambassador to Austria, chose the group. She used to live in Austin and previously worked for Trilogy. Global Austin coordinated the visit locally.

On Monday afternoon, the group met with Silicon Hills News at WeWork, a coworking site in downtown Austin, to learn about the city’s booming technology scene and to share information about the companies they founded. Sarah with WeWork gave the group a tour of its coworking space, which is completely full with more than 500 members. WeWork opened in Austin in February and is already exploring local expansion opportunities.

Following the tour, everyone met in a conference room and each visitor gave a brief overview of their company.

Johannes Matiasch, the CEO and co-founder of Sweazer, launched his company several weeks ago in Vienna. It “makes shopping sweet and easy,” by combining online and offline shops in one platform. It has created an e-commerce site with an interface like Tinder, the dating app. The site allows people to save likes and dislikes of different fashion items.

“When you think about fashion shopping there are so many stores out there,” Matiasch said. “It’s nearly impossible to see everything. We integrate a lot of products and provide one search interface of all the online shops and brick and mortar stores in one place.”

Hannes Leo, CEO and co-founder of cbased, has created a community based innovation and collaboration platform.

The startup is providing services for both the public and private sector. Its platform allows people to discuss a proposal online and it allows companies and government officials to arrive at better, consensual decisions, Leo said. A lot of school systems in the U.S. are also using the platform to foster classroom discussions, he said.

Thomas Schranz, CEO and co-founder of Blossom, created a project management tool for software development teams to track and develop software together. The software allows companies to track features and the development of their software quickly and easily. Its customers include Twitter, Netflix, Facebook and Apple. The company went through a European accelerator, Seedcamp, but it landed its customers by posting articles on Medium and Quora, Schranz said. The majority of its customers are in California, he said.

Florian Dorfbauer, CEO of Usersnap, has created a visual communications tool that allows a person to annotate a page with sticky notes and to send it to a developer to make corrections.

“It’s a bridge between non-technical people and technical people,” he said. “The core of the technology is done on a screen shot.”

Usersnap is a software as a service company that is seed funded and runs on cash flow, Dorfbauer said. Its customers include Microsoft and Hawaiian Airlines.

Waldemar Hummer serves in business development for Riox.io, a startup that runs a cloud-based platform for the Internet of Things. It turns data into valuable insights for companies.

And lastly, Alex Pinter, is the CEO and Co-Founder of Trayn.com, which makes customized workout plans for professional athletes. It’s working with the National Basketball Association, the National Hockey League and other sports organizations. It eventually plans to branch out to provide training plans for everyday athletes and semi-professional athletes.

Many of the startups plan to return to Austin next year for South by Southwest Interactive in March.

The group in one of WeWork's conference rooms.

The group in one of WeWork’s conference rooms.

GoFundMe Page Set Up for Omni Shooting Victim

5205841_1436298693.852A tragedy unfolded early Sunday morning at the Omni Hotel in downtown Austin, in which a gunman shot a cab driver, Conrado Guadalupe Contreras, 60.

And now Edward Kargbo, president of Yellow Cab Austin, has set up a GoFundMe page for Contreras’ family to pay for his funeral expenses. The site has already raised more than $5,100 from 98 people in less than 24 hours. Its goal is to raise $25,000. Yellow Cab Austin plans to match every dollar up to the first $2,500.

“Conrad lived a life of service, having served many years of his life in the U.S. Military, and the last 15 years as one of Yellow Cab Austin’s most devoted drivers,” according to the a statement by Kargbo. “He was a man beloved by his passengers, colleagues, and friends.”

Contreras, a U.S. Navy veteran, worked as a taxi driver in Austin for 15 years.

The alleged shooter, Michael Holt, 35, had ties to the technology community. Holt rented a desk at Capital Factory and previously worked at RetailMeNot and uShip. Holt’s motive and few other details are known about the incident. Austin Police Officer Carlos Lopez shot Holt in the lobby of the hotel near the restaurant at about 4:50 a.m. on July 5th. Capital Factory, an Austin accelerator and technology coworking site, is located on the 16th floor of the Omni Hotel.

For Contreras’ GoFundMe account, Capital Factory will match all donations made by its members.

“I want to extend our deepest condolences to the loved ones and friends of Conrad Contreras,” Joshua Baer, founder of Capital Factory, said in a news statement. “I’m glad Yellow Cab has set up the GoFundMe campaign and have donated personally.”

The Edible Bug Business in Austin is Growing

By LAURA LOREK
Reporter with Silicon Hills News

The Food + Tech Panel at Capital Factory Monday night on the bug business

The Food + Tech Panel at Capital Factory Monday night on the bug business

Robert Nathan Allen started eating bugs in Austin about four years ago and now he runs a cricket farm to harvest and sell edible insects.

Eating bugs makes sense nutritionally, the insects are protein and iron rich, Allen said. Bugs also use less land, water and produce fewer emissions than traditional livestock, he said.

“It’s a really unique food resource, we’ve completely ignored,” Allen said.

Allen works for Aspire Food Group’s local operations heading up the first farm to grow edible crickets in Austin. He participated in the Food + Tech Austin panel held at Capital Factory Monday night. Other panelists included Rick Lopez, a chef at La Condesa, Jack Ceadel, co-founder of Hopper Foods, Leah Jones, co-founder of Crickers and Dan Von Pasecky, executive director of Little Herds, a nonprofit organization educating people about the benefits of edible insects.

“Farming crickets for food is so new,” Allen said.

Aspire won a $1 million Hult Prize from the Clinton Global Initiative in 2013. It opened a farm in Ghana to harvest palm weevil larvae and another farm in Mexico for grasshoppers. Last year, Aspire chose Austin to open its first U.S. farm. It has a 13,000 square foot warehouse in Austin. The crickets take about six weeks to reach maturity, Allen said. He’s still tweaking temperature, environment, food and more to increase harvests. The crickets eat an organic mix made up of corn and other grains. The facility produces crickets which are then ground into powder and sold to a variety of companies making protein bars, granola, crackers and more.

Aspire supplies cricket powder to two Austin-based startups: Hopper, which makes three types of granola and Crickers, which makes crackers.

Co-founder of Hopper Foods: Marta Hudecova and Jack Ceadel. The maker of cricket granola.

Co-founder of Hopper Foods: Marta Hudecova and Jack Ceadel. The maker of cricket granola.

Hopper launched last summer with a Kickstarter campaign to create an energy bar initially, Ceadel said. It raised $34,523 from 479 backers. But the company moved away from the crowded energy bar market and decided to create grain-free cricket granola instead. It now makes three types of high protein paleo granola made with cricket flour: Cranberry & Almond, Toasted Coconut and Cacao & Cayenne. Each bag sells for around $10.99 and can be found in various natural food stores around Austin and online. It contains about 40 crickets per serving and 10 grams of protein.

Crickers makes paleo-friendly, gluten-free crackers with cricket flour. Jones founded the company with her college roommate in their kitchen last summer. They also participated in a reality TV show on the Food Network and then did a Kickstarter campaign in April. They raised $33,250 from 406 people.

“What we’re trying to do with Crickers is make eating bugs seem hip and accessible and kind of whimsical, not something gimmicky or scary like a giant scorpion sucker you get at the state fair, it’s something healthy, something wholesome,” Jones said.

Other bugs popular for eating include mealworms, wax worms, silk worms, ant eggs, grubs, caterpillars, termites, cicadas, weevils and locusts. But it’s difficult to farm those on a large scale in the U.S. right now, Allen said. And consumers have to start asking for the bugs before farms start to harvest them, he said.

And Ceadel with Hopper said a psychological barrier exists too with U.S. consumers.

“Selling crickets to people is already enough of a challenge,” Ceadel said. “Crickets aren’t sexy but they are a lot sexier than a worm. I’m not going to sell people mealworms right now. I’ll eat them myself. But it’s a bridge too far right now.”

In the last 150 years in the U.S., many food items that were once regarded as disgusting have now become delicacies, Ceadel said. Originally, lobster was fed to prisoners, Ceadel said. It wasn’t until some entrepreneurs from New York marketed lobster to diners that it became popular, he said. Another food that was first met with resistance and has since become widely accepted and popular is sushi, Ceadel said.

“We’re not expecting everyone will start eating bugs overnight, but the sustainability and nutrition arguments are strong enough that enough people will become early adopters that we can build a business and grow over the next ten to fifteen years,” Ceadel said.

Hopper makes three types of cricket-based granola.

Hopper makes three types of cricket-based granola.

Hopper’s tag line is “Crickets are the gateway bug” with the hopes that people will become accustomed to eating crickets and then will want to try other types of insects, Ceadel said. The target market for Hopper’s granola is 18 to 45 year olds with a college degree who are into sports, he said. The crickets are ground into powder so there’s no chance of getting a wing or leg stuck in your teeth, he said.

It’s a big cultural climb to get consumers to start eating insects, but in 20 years, Allen predicts the consumption of insects will be commonplace.

In Austin, at least one restaurant is cooking with insects.

La Condesa, a Mexican restaurant, serves chapulines tacos, which are made with grasshoppers imported from Mexico.

“It’s really cool that people are asking questions about eating crickets and grasshoppers now,” Lopez said.

Already, edible bugs are considered a staple in many international cultures. In fact, two billion people regularly eat insects as part of their everyday diet, according to a 2013 United Nations report.

La Condesa had chapulines on the menu five years ago and then took them off. But Lopez brought them back last October. It costs $10 for a couple of tacos, he said. The restaurant sold 35 orders during a recent Friday and Saturday, he said.

“It’s a serious food,” Lopez said.

Once the popularity of chapulines starts to grow, Lopez said he plans to incorporate more bugs into the menu. He recently tried some ant eggs in Mexico and said they were delicious.

Google’s Self Driving Cars Hit the Streets of Austin

coverIn 1885, Karl Benz invented the automobile and later that year, in a test drive, he promptly crashed it into a wall, Chris Urmson, director of Google’s self-driving car project, said in a TED Talk.

Driver errors create the majority of accidents on today’s road. Google’s solution is fully self driving cars.

And Tuesday, Google confirmed that it is testing one of its autonomous cars, a Lexus RX450h SUV, outside of Mountain View, California in Austin. And another car will arrive in Austin this week. It’s the first city of many Google has planned to rollout its self-driving cars. But it is the first test city outside of California. And the fact Google chose Austin speaks volumes about the city’s innovative culture and spirit.

“From pedicabs to pickup trucks, Austin’s streets will give our self-driving car some new learning experiences so we can continue to refine our software and understand how different communities perceive it,” Jennifer Haroon, head of business operations for the Google self-driving car project, said in a news release. “Austin has always been extremely welcoming to Google and to innovation of all kinds, and we know we can count on Austinites for some great feedback.”

The big problem is 1.2 million people are killed on the world’s roads each year, according to Urmson. In the U.S., 33,000 people are killed each year, he said. And 94 percent of those accidents are linked to human error.

Google first launched its self-driving car program in 2009. Google wants “to learn how different communities perceive and interact with self-driving vehicles, and that can vary in different parts of the country,” according to a news release.

For the past few weeks, Google’s safety drivers have been driving the Lexus north and northeast of downtown Austin to created a detailed map of the streets for the car and to help it to understand lane markers, traffic signal, curb heights and other information. During the last few days, the car’s software and sensors have taken the controls, but two safety drivers still ride in the vehicle and can take over driving if needed, according to Google.

Eventually, Google hopes to drive the car in other parts of Austin.

“Austin is special in part because we welcome new technologies that could help improve our daily lives, and we can easily see the potential self-driving cars have to reduce accident rates and congestion, and to provide mobility for people who can’t get around easily,” Austin Mayor Steve Adler, said in a news release.

“Keeping Austin’s roads safe is one of our highest priorities, so we look forward to seeing how self-driving car technology might someday improve traffic safety,” Art Acevedo, Austin’s Chief of Police, said in a statement. “Technology that never gets distracted or tired or irritable behind the wheel could make a real difference.”

Joe Weber, executive director of the Texas Department of Transportation, also issued a statement, welcoming and supporting “Google’s autonomous vehicle test within the state of Texas. The successful integration of driverless trucks and cars on to our current and future transportation network could be a key factor toward achieving safe and reliable transportation.”

Curb Meets and Exceeds its Indiegogo Campaign Goals

Curb_hardware&softwarebigCurb, an Austin-based energy tech startup, has raised more than $44,000, almost double its $25,000 goal for its Indiegogo campaign for its smart home monitoring system.

The three year old company launched its Indiegogo campaign June 22nd and it runs through July 21st. Curb makes a monitor that tracks all electricity usage in a house and can help homeowners reduce their energy consumption and save money.

Curb makes a sensor box that connects to a house’s circuit break and analysis electrical usage. The company also makes a software that tracks the amount and cost of energy used by different rooms, devices and appliances. It even tracks them when they are turned off and it can alert a homeowner when electrical equipment starts to fail.

Curb provides a mobile app, web dashboard and weekly email report to let its customers easily track their energy use.

Curb has been testing its technology for the past 18 months in more than 175 houses and businesses. The Curb system starts at $249.

Shareholders Approve NPX’s Acquisition of Freescale for $11.8 Billion

searchShareholders for NXP Semiconductors and Freescale Semiconductor approved NXP’s acquisition of Freescale for $11.8 billion on Thursday.

Of the votes cast during special meetings for both companies, more than 99 percent voted in favor of the merger.

At the close of the deal, Gregory L. Summe and Peter Smitham will become non-executive directors of NXP, according to a proposal approved by shareholders.

Completion of the merger is pending antitrust and regulatory approval. NXP and Freescale expect the merger to close later this year.

In March, NXP Semiconductors out of the Netherlands announced plans to acquire Austin-based Freescale Semiconductor. In a news release, NXP reported the combined value of the companies at just over $40 billion. It also said the combined company would become the market leader in automotive semiconductor solutions and the market leader in general purpose microcontroller products.

Freescale spun out of Motorola in 2004 and is based in Austin with more than 17,000 employees worldwide and operations in 20 countries.

Got an Idea for the Next Big Thing? Pitch It on SXSW PanelPicker

imgresOne of the best ways to get a big idea in front of movers and shakers in the technology, music and film industry is to submit a proposal to the South by Southwest PanelPicker.

And even though it seems like the dust has barely settled from the largest ever SXSW held this past March, it is time to submit those great ideas.

The SXSW Conferences and Festivals are now accepting programming proposals for the 2016 event on its popular PanelPicker, an online tool that allows people to vote for their favorite panels for the Music, Film and Interactive conference.

SXSW 2016 takes place March 11 through 20th in Austin, but the PanelPicker is the first step in an online process to select programming for the events.

The PanelPicker submission process runs from June 29th through July 24th.

“Each individual account holder is permitted to submit one idea per conference,” according to SXSW’s news release. “Step Two allows the community to browse all of these ideas and rate which of these proposals they think are the best fit for the March events.”

Community voting begins Monday, August 10th and continues through Friday, Sept. 4th.

“Votes from the community, along with feedback from SXSW Advisory Boards and the SXSW staff, will help determine programming for the 2016 event.” SXSW releases the first round of programming in October of 2015.

SXSW is also accepting applications for artists for its music festival through Oct. 24th. And it’s accepting feature film, short film and music video submissions through Nov. 3rd for its film festival.

And on Aug. 3rd, SXSW Interactive will accept entries for the best digital creative work for the SXSW Interactive Innovation Awards, video game projects for the SXSW Gaming Awards and innovative startups for the SXSW Accelerator competition. The deadline is Nov. 6th. Visit SXSW Interactive Awards for more details.

RideScout Acquires GlobeSherpa

imagesRideScout, a mobile app for ground transportation options, Tuesday announced its acquisition of Portland-based GlobeSherpa.

The financial terms of the acquisition were not disclosed.

Austin-based RideScout’s CEO and Founder Joseph Kopser discussed the acquisition with GlobeSherpa CEO and Co-Founder Nat Parker in a video that was livestreamed from Portland.

GlobeSherpa provides a mobile app that lets people book and pay for bus and train tickets in several major cities such as Portland, San Francisco and Chicago. The startup has raised $2.1 million from four investors in five rounds, according to its CrunchBase profile.

GlobeSherpa will operate as a wholly-owned subsidiary of Ridescout. Parker will continue to lead the company and its employees. Together, the companies will expand throughout North America and internationally.

RideScout, led by Kopser and COO Craig Cummings, has made its app available in 69 cities in North America. Moovel, the parent company of Car2go, bought RideScout in 2014.

Admittance Technologies Gets $3.9 Million Investment

AdmitanceTechnologies-logoAdmittance Technologies has received $3.9 million in funding, according to a filing with federal regulators.

The Austin-based startup raised the money from 15 unidentified investors on June 26th, according to its filing with the U.S. Securities and Exchange Commission.

The startup, founded in 2010, created the CardioVol technology platform to measure blood volume using a pacemaker to detect disease and treat patients with the devices. Dr. Marc Feldman, its founder, serves as professor in biomedical engineering at UT Austin and UTSA. He has previously founded two other companies, Setagon and CardioSpectra, both ventures were acquired.

Wes Johnson, a seasoned healthcare executive, serves as its chief executive officer.

In 2013, the company received nearly $2 million in investment from the state’s Emerging Technology Fund.

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