Open Source

Austin startup Alegion brings in $3.6 million to ramp up AI initiatives

Alegion, an Austin startup that operates a crowd-sourcing automation platform used by Condé Nast, Charles Schwab and the state of Texas, has raised $3.6 million for expansion. The company received the Series A funding from RHS Investments. Launched...

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Open Source

In Austin’s biggest VC deal of 2017, AI startup SparkCognition raises $32M 

In the biggest venture investment in an Austin company so far this year, artificial intelligence startup SparkCognition has raised $32.5 million. Verizon Ventures was the lead investor in the deal, with participation from The Boeing Company, through...

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EXCLUSIVE: HomeAway plans major expansion, to add 2,000 workers in Austin

Austin-based HomeAway said it is planning a major expansion at The Domain in North Austin, where the nation’s largest vacation rental company will establish its global headquarters in a 16-story office tower that will house more than 2,000 additional...

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Exclusive: HomeAway launches a major expansion that will add 2,000 workers in Austin

Austin-based HomeAway said it is planning a major expansion at The Domain in North Austin, where the nation’s largest vacation rental company will establish its global headquarters in a 16-story office tower that will house more than 2,000 additional...

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Open Source

This Chicago venture capital firm has its eye on Austin, and it's looking for deals.

Chicago Ventures has its eye on Austin. Since its launch in 2012, the Chicago-based venture capital firm has backed five Central Texas startups, and it’s looking for more deals. The firm is currently investing a $66 million fund, and partner Stuart...

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Open Source

Tech Crawl:  Uber CEO Travis Kalanick is out after shareholder revolt. Plus, which Silicon Valley CEOs attended Trump’s ‘tech week,’ and more technology news.

Good morning, Austin! We have scanned the internet to bring you the latest in technology news. Here’s what’s going on: Report: Investors demanded Uber CEO’s ouster Travis Kalanick resigned Tuesday as Uber CEO after a shareholder revolt made it impossible...

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Why Facebook has hired 700 Austin workers and is getting ready for another wave of expansion

In 2010, Facebook Inc. opened a seven-person office to explore whether the city was a good fit for its young, hard-driving workforce.   It turned out it was, and over the past seven years, the social media giant has grown its Austin team to 700 people...

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Experts: Whole Foods-Amazon deal has positives, negatives for Austin

Whole Foods Market put Austin on the map as a place where a locally grown business can become a global player. With the natural food grocer’s $13.7 billion...

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Why Facebook has hired 700 Austin workers and is getting ready for another wave of expansion

In 2010, Facebook Inc. opened a seven-person office to explore whether the city was a good fit for its young, hard-driving workforce. It turned out it was, and over the past seven years, the social media giant has grown its Austin team to 700 people...

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