Austin’s flow of venture capital slows in 1st quarter

A new report on venture capital activity in Austin confirms what many entrepreneurs already know: The flow of money into Central Texas startups has slowed, making this a challenging time to raise money. Investments in Austin-area companies...

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Open Source

Austin's flow of venture capital slows in 1st quarter

A new report on venture capital activity in Austin confirms what many entrepreneurs already know: The flow of money into Central Texas startups has slowed, making this a challenging time to raise money. Investments in Austin-area companies plunged...

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Austin sees 1st quarter dip in venture funding

The flow of money into Central Texas startups slowed down in the first quarter, a new report on venture capital activity in Austin shows. Investments in Austin-area companies plunged 58 percent in the first three months of the year, compared...

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Open Source

Austin’s ClearData lands $12 million to ramp up health care cloud services

ClearData, which moved to Austin from Arizona last year, has raised $12 million to expand its health care cloud services and software business. Founded in 2011, the company provides cloud computing services to health care companies, helping them store...

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Tasktop raises $11.3 million more for growth

When Vancouver-based Tasktop set out to raise funding last year, its leaders criss-crossed Canada and the U.S. meeting with potential investors. But ultimately, the company, which has its U.S. headquarters in Austin, found its lead venture capital...

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Austin’s RetailMeNot sold in $630 million deal

Austin-based online coupon company RetailMeNot, one of Austin’s most high-profile publicly held software companies, said Monday it has agreed to be acquired in a deal valued at $630 million. Harland Clarke Holdings Corp. is buying all the outstanding...

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Open Source

AMD makes another bet on VR with acquisition of Austin-based chipmaker’s technology

AMD has acquired intellectual property and engineering talent from Austin-based Nitero, a wireless technology pioneer that could provide a big push to the chipmaker’s virtual reality efforts. Financial terms of the deal were not disclosed. Founded...

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In $50 million deal, Blackbaud snaps up Austin’s AcademicWorks  

A promising Austin-based software maker that sells scholarship management tools has been snapped up by South Carolina-based Blackbaud for $50 million. AcademicWorks, founded in 2010, offers a cloud platform that lets students apply for all awards...

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Open Source

Tech Crawl: Jeff Bezos is spending $1 B a year to fund space rocket dream, Facebook steps up fight against revenge porn, and Spotify might skip a traditional IPO.

Good morning, Austin! We have scanned the internet to bring you the latest in technology news. Here’s what’s going on: Jeff Bezos is spending $1 B a year on space venture dream Internet billionaire and aspiring space explorer Jeff Bezos said he is...

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Open Source

Goldman Sachs makes a $30 million bet on Austin’s Zilliant

Global finance company Goldman Sachs is making a $30 million bet on Austin software maker Zilliant. Zilliant said it will use the $30 million investment to pursue global growth opportunities in a number of sectors. The company was founded in 1999...

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