Texas Had 150 VC backed Deals Worth $1.3 Billion in 2013

Texas reported 150 venture capital backed deals worth $1.3 billion in 2013, according to a report by PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Reuters. The number of deals in Texas fell nearly 9 percent from 163 but increased 37 percent in the dollars invested from $948.8 million in 2013. […]

IBM Unveils New Design Studio in Austin

IBM Wednesday unveiled its new product design studio in Austin, which will focus on designing software for a global audience. The 50,000 square foot studio will serve as the center for IBM’s software efforts in Big Data, cloud, mobile, social software and cognitive solutions. IBM designed the space to encourage collaboration and to bring together […]

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 […]

Revionics Moves to Austin, Plans to Quadruple in Size

Revionics, which sells retail software as a service, known as SaaS, online, plans to move its headquarters to Austin. The company, which is relocating from Roseville, Calif., plans to expand its marketing, sales and training operations and plans to hire hundreds of new employees. It reports plans to quadruple in size. Revionics currently has less […]

Austin-based Jumpshot launches on Kickstarter and raises nearly $100,000

A startup software company, Jumpshot, has successful raised $98,255 on Kickstarter to create a software program to clean up the hard drive of PCs and combat malware and viruses. Its Kickstarter program exceeded its $25,000 goal and still has more than 40 days to go. The software comes on a really cute USB stick and […]

Dell to Buy Quest Software for $2.4 billion

To strengthen its software business, Dell announced plans to acquire Quest Software for $2.4 billion. Round Rock-based Dell, which started out as a PC company in 1984, has recently begun to diversify into more software and solutions products. Dell recently launched its software group. Quest’s software products and technology will only strengthen Dell’s move to […]

Ziften Technologies releases its software and lands $5.5 million in financing

Ziften Technologies just closed on $5.5 million in its Series B financing. And the Austin-based startup released its first software product, Behavioral Lightweight Intelligence for Stressed Systems, nicknamed BLISS, which lets companies easily manage and deploy software across Windows desktop computers. Ziften’s software leds to “improved uptime, business alignment, performance, security, and reduction of errors […]

Kinnser Software gets $40 million investment

Austin-based Kinnser Software announced Monday that it has received a $40 million investment from Insight Venture Partners. The company plans to use the money to expand its software business and for a national sales and marketing campaign. “Kinnser provides services to more than 55,000 users working in more than 900 home health agencies and therapy […]

Dell ranks first worldwide in healthcare services

Dell is number one worldwide in Healthcare technology solutions. Dell partners with other companies like Citrix, VMWare and others to provide complete technology packages to hospitals, clinics, doctor’s offices and other healthcare providers. The company offers electronic medical records, medical archiving and mobile clinical computing. Employees with the Dell healthcare division donned blue scrub outfits […]