Open Source

Austin’s DivInc launches its third entrepreneur session for diverse founders

DivInc, the Austin accelerator for diverse entrepreneurs, is ready to launch another group of startups through its 12-week program. The fall cohort, which starts Sept. 5, is composed of eight women and seven men. Nine of the 15 are from ethnicities...

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Open Source

Is another Austin tech space trying to steal Capital Factory’s brand? A new lawsuit says yes.

Is another tech entity trying to cash in on the brand of Austin tech accelerator Capital Factory? The startup incubator thinks so, and has sued East Austin co-working space atx Factory and its founder, accusing them of trademark infringement, unfair...

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With new $30M investment, medical device maker Acessa Health left California to start new chapter in Austin

It’s been a whirlwind few months for medical device maker Acessa Health. In June, the company announced it had acquired a noninvasive treatment for uterine fibroids from a California medical device company. At the same time, the company said it had...

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Open Source

Austin’s Vyze lands $13M to expand its fintech software for retailers

Retailers lose tens of billions of dollars each year when customers’ credit applications are rejected and they can’t complete their purchase. But many of those shoppers are creditworthy, and Austin-based Vyze wants to help stores save those sales...

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Open Source

Tech Crawl: Austin’s Vermillion and Pain Therapeutics report second quarter losses

Good morning! Earnings season is wrapping up, and we’ve got a couple more Austin companies reporting their results. Here’s a look at how they did: Vermillion reports second quarter loss Austin-based medical diagnostics company Vermillion Inc. reported...

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Open Source

Fast-growing New York software maker Namely is expanding in Austin

Namely, a fast-growing New York-based software company, is expanding its Austin team, with a move to larger offices and plans to add 30 workers in Central Texas. Founded in 2012, Namely sells human resources software that helps mid-size companies...

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Open Source

Austin’s uShip unveils sleek new HQ, gears up for more growth

After years of working in two downtown offices, uShip employees are finally under the same roof in a sleek new headquarters on East Riverside Drive. And the timing is right: the move comes as the 220-person company, which runs an online shipping marketplace...

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Open Source

Here’s why Austin tech accelerator Capital Factory is expanding to Dallas

Tech accelerator Capital Factory, which recently expanded in Austin, is breaking into Dallas. The tech incubator, seed-investment fund and co-working space has teamed up with the Dallas Entrepreneur Center to connect members in both groups with mentors...

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Open Source

With a new $200M credit facility, Austin’s Upland Software is ready for more acquisitions

More acquisitions are on the way for Austin-based Upland Software. The company, which has grown by buying small software companies, has closed a $200 million credit facility to do more deals. Wells Fargo Capital Finance and CIT Bank, N.A. are joint...

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