Open Source

Tech Crawl: NXP Semiconductors and Q2 Holdings report mixed second quarter results

Good morning, Austin! It’s earnings time, and NXP Semiconductors, which has a large Austin presence, and Austin-based Q2 Holdings posted second-quarter results this morning. Here’s a look at how they performed. NXP misses Q2 profit forecasts, beats...

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Open Source

Austin startup SwimTopia makes splash with an acquisition

Austin startup SwimTopia, which sells software for swim team management, is making waves with an acquisition. The company said Wednesday it has purchased Atlanta-based Swim-Team.US. Founded in 2008, Swim-Team.US serves more than 500 swim teams across...

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Open Source

Who's investing in Austin startups? New VC report has the answer

Who’s doing deals in Austin? A new report by two tech industry veterans provides a comprehensive look.  The study was conducted by David Altounian, assistant professor of entrepreneurship at St. Edward’s University and the former founder and CEO of...

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Open Source

Fast-growing health care startup EverlyWell launches new DNA-based at-home lab tests

Austin-based startup EverlyWell is launching three new biomarker and genomics products that expand its suite of at-home testing kits. The new tests use DNA to provide information about food sensitivity, metabolism and breast milk DHA levels. EverlyWell...

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Austin VC funding soared in the 2nd quarter

After a slow start to the year, venture capital activity in Austin bounced back in the second quarter, with internet companies leading the charge. A total of $330 million was raised by 43 companies during the quarter — a 182 percent increase...

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Austin VC funding bounces back, jumps 182 percent in 2nd quarter

After a slow start to the year, venture capital activity in Austin bounced back in the second quarter, with internet companies leading the charge. A total of $330 million was raised by 43 companies during the quarter, according to a survey by PricewaterhouseCoopers...

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Open Source

Austin equity firm launches $408 million fund to pursue ‘alternative’ real estate deals

Virtus Real Estate, an Austin-based private equity firm, has launched a $408.5 million fund to make what it calls “cycle-resilient” real estate investments. Of that total, $308.5 million is committed to Virtus Real Estate Capital II and $100 million...

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Open Source

Tech Crawl: Intel axes its wearables group to focus on augmented reality and more tech news

Good morning, Austin! We scanned the internet to bring you the latest in technology news. Here’s what’s happening: Intel axes its wearables group to focus on augmented reality Intel has eliminated the division that worked on health wearables, including...

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Open Source

Austin communications firm Telestax brings in $4.7 million for growth

Austin-based communications company Telestax has landed $4.7 million to fund its next stage of growth. LiveOak Venture Partners of Austin was the lead investor in the deal. Founded in 2011, TeleStax previously raised $1.5 million from investors including...

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Open Source

Tech Crawl: Canada wants your tech skills, Singapore is one of the few that gets cybersecurity and DeepMind heads to Alberta for AI talent

Good morning, Austin! We have scanned the internet to bring you the latest in technology news. Today we bring you the Tech Crawl International Edition: Canada wants your technology skills Want to get away from the heat? Canada is making a play for...

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