Rackspace Entertains Buyout Offers

Rackspace Hosting may be sold. The San Antonio-based company hired Morgan Stanley to evaluate potential partnerships and acquisitions. “In recent months, Rackspace has been approached by multiple parties who have expressed interest in exploring a strategic relationship with Rackspace, ranging from partnership to acquisition,” according to a statement filed with the Securities and Exchange Commission […]

Dell Partners to offer Dropbox for Business on Dell’s Cloud

Wonder why Dropbox expanded to Austin and opened an office here earlier this year? One big reason could be Dell. Dell and Dropbox announced a partnership Thursday at Dell World to create Dropbox for Business using the Cloud. Dell, which went public earlier this year, is hosting Dell World at the Austin Convention Center through […]

Rackspace Cloud Predictions for 2014

John Engates, the Chief Technology Officer with Rackspace, has made some predictions for cloud technology trends in 2014. The cloud ushers in a new era in wearable technology. Under Armour’s late 2013 acquisition of mobile workout app MapMyFitness and Nike’s continued sponsorship of TechStars Nike+ Accelerator validates that wearable technology is heating up and here […]

Gravitant Raises $10 Million in Venture Funding

Gravitant, which makes software for companies to manage their cloud services, announced Wednesday that it has received $10 million in Series B funding. Corsa Ventures led the round and was joined by existing investor S3 Ventures. The Austin-based company plans to use the money to expand its sales and marketing, to fulfill customer orders and […]

TechStars Cloud for a Day at Geekdom

Dozens of technology entrepreneurs spent Saturday at Geekdom learning about the TechStars Cloud program. “We help awesome founders build great companies,” said Jason Seats, managing director of the TechStars Cloud. The program has become a launching pad for technology startups with five TechStars programs around the country in Boulder, Boston, Seattle, New York and San […]

Lumeris to hire 100 at its new Austin software engineering and innovation center

Lumeris announced plans Tuesday to build a software engineering and innovation center in Austin and to hire 100 software engineers, project managers and consultants. The St. Louis-based healthcare technology company develops software applications for healthcare providers to access on the Internet. Its technology seeks to improve quality and reduce healthcare costs. Lumeris has raised $220 […]

TechStars Cloud kicks off Jan. 9 in San Antonio

Jason Seats, managing director of the TechStars Cloud, says hundreds of companies applied to the program. In the end, TechStars choose 11 companies. All of them are from outside of San Antonio. Seats is not revealing the company names until April 6th at TechStars Cloud Demo Day. Nicole Glaros, one of the founders of TechStars […]

Meet some of the applicants for the TechStars Cloud

Entrepreneurs travelled to San Antonio from as far away as Toronto and the United Kingdom for a chance to become one of ten companies selected for the inaugural TechStars Cloud program. Here’s a few of them giving their elevator pitches at the TechStars for a Day program.

TechStars for a day at Geekdom

The TechStars Cloud could serve as a catalyst to ignite San Antonio’s startup technology community. That’s because ten new startups will locate here for the 12-week program, which kicks off in January. Also, Nicole Glaros, TechStar managing director, will move here with her family. She will run the TechStars Cloud along with Jason Seats. On […]

TechStars Cloud applicants meetup in San Antonio

The deadline to apply for the TechStars Cloud program is Monday. But already the program has received several hundred applications for the inaugural TechStars program in San Antonio, said Jason Seats, managing director for TechStars Cloud and cofounder of Slicehost, which San Antonio-based Rackspace acquired. On Friday night, several of those entrepreneurs met with Rackspace […]