Open Source

Why Germany’s Merck is launching a virtual reality-focused innovation center in Austin

Pharmaceutical and life sciences company Merck KGaA wants to tap into Austin’s virtual reality talent with a new innovation center at Capital Factory. Merck’s Austin hub is developing virtual reality and augmented reality technologies to advance a...

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Open Source

Austin digital media firm OwnLocal continues its acquisition roll with another deal

 Austin-based digital advertising OwnLocal is continuing its acquisition roll with another deal. The company said it has purchased Wanderful Media for an undisclosed price. Twelve major media companies -- including Cox Media Group, Gannett Co., Hearst...

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Open Source

The flow of Austin’s workers: Moving in from New York and California, moving out to Seattle and Denver

We know Austin is a hot destination for job seekers. But where, you might wonder, are all the workers moving here from? According to a new LinkedIn Workforce Report,  Central Texas gained the most workers from Houston, the San Francisco Bay area...

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Open Source

Austin’s Upland Software expects to raise $40 million with stock offering

Austin-based Upland Software said Wednesday it expects to raise $40 million through a public offering of the company’s common stock. Upland Software said it plans to sell about 1.86 million shares of its common stock at $21.50 per share. The stock...

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Open Source

Austin’s Digital Pharmacist brings in $6.5 million for expansion

Digital Pharmacist, a digital health company that connects pharmacies and patients, has raised $6.5 million to expand its product line and its reach. The Austin-based company received the funding from Activate Venture Partners in New York and Austin...

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Open Source

Tech Crawl: Apple’s ‘big wow’ moments, Snap buys an ad-tracking startup and San Francisco goes after Uber and Lyft again.

Good morning, Austin! We have perused the internet to bring you the latest in tech news. Here’s what’s happening: Apple’s ‘big wow’ moments: a voice speaker and augmented reality Apple has at last jumped into two of the hottest tech trends of the...

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Open Source

Austin’s Edgecase snapped up by Toronto-based e-commerce provider

Edgecase, which sells software for online retailers, has been acquired by GroupBy, a Toronto e-commerce and media provider. Under the deal, Austin-based Edgecase will become GroupBy’s U.S. headquarters. The company’s corporate headquarters will remain...

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Open Source

Austin online festival hub Everfest brings in $3.6M investment

Online festival hub Everfest has raised $3.6 million to expand its team and invest in product development and marketing. Launched in 2014, Everfest runs an online community that connects festival goers. Its platform is aimed at festival organizers...

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Open Source

Tech Crawl: Expect Apple’s smart speaker to take on Amazon and Google this year. Plus more tech news.

Good morning, Austin! We have scrolled the internet to bring you the latest in technology news. Here’s what’s going on: Expect Apple’s first smart speaker to take on Amazon and Google this year Apple has started manufacturing a long-in-the-works...

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Open Source

Austin cybersecurity startup SpyCloud comes out of stealth mode with new product, $2.5 million investment

An Austin startup founded by two cybersecurity veterans is coming out of stealth mode with a new product and a $2.5 million investment. SpyCloud, founded last August, is unveiling its platform, which detects data breaches for companies and individuals...

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