3 Austin tech companies testing waters of new crowdfunding rules

Three Austin tech-related companies have tested the waters of the new state-approved crowdfunding platforms, but all struggled to reach their fundraising targets and shut down their campaigns, according to state data. These companies are among the...

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As cybercrime rises, Austin security firm raises $35 million

With cybersecurity  capturing the attention of corporate CEOs, an Austin security consulting firm has raised $35 million to target new business. Edgile received the funding from ABRY Partners, a Boston-based private equity firm.  The investment is...

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Austin's Lumos Pharma raises $34 million to fight rare genetic disease

An Austin biotech company that's developing a new therapy for a rare genetic disease has raised $34 million to launch clinical tests. Lumos Pharma, founded in 2011, will use the money to test and commercialize a therapeutic treatment for those suffering...

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Aguilar innovó y ha llegado lejos

Tony Aguilar era el primero en su familia en haber ido a la universidad y en graduarse con una deuda estudiantil de $102,000.“No sabíamos qué opciones teníamos en cuanto a ayuda financiera y utilicé préstamos para ir a la universidad”, dice Aguilar...

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Open Source

Austin tech firm sells stake, adds Tom Meredith as chairman

An Austin tech device reseller has sold a majority stake to a New York private equity firm and added veteran technology executive Tom Meredith to its leadership. Global Resale sold ownership to Brightstar Capital Partners, which has committed $50...

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Open Source

Morning tech crawl: NFL and Twitter team up

Good morning, Austin! Here's what's happening in the tech world this Tuesday: Twitter scores with NFL Deal In a strategic push into online programming, Twitter Inc. beat out a bunch of heavyweights to win rights to show Thursday night NFL games online...

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Austin's eRelevance raises $4.5 million to expand

Austin startup eRelevance has raised $4.5 million to ramp up sales of its software, which helps small businesses automate their marketing. Rally Ventures, based in Silicon Valley, was the lead investor, with participation from Chicago Ventures, Miramar...

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Open Source

Austin's SpareFoot among firms aiming to shake up self-storage industry

Hauling your stuff to a storage unit is one of life's least enjoyable experiences. But that's changing thanks to a new crop of on-demand self-storage startups -- you download an app and they show up at your front door, load up your items and deliver...

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Austin's Upland sees revenue increase, beats Street expectations

Upland Software, which has been growing through acquisitions, reported that revenue grew in the fourth quarter, while the company's net loss widened. Austin-based Upland posted revenue of $17.6 million for the quarter, a 7 percent increase over revenue...

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Open Source

3/29 Morning tech crawl: VC dollars still flowing in tech sector

Hello and Happy Tuesday, Austin.  Here's what's being talking about on the tech web today: There's still money out there At a time when some Silicon Valley startups are struggling to raise more cash and maintain their sky-high valuations, online financial...

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