Facebook plans major expansion in downtown Austin

In another major expansion for Facebook in Austin, the social media giant said it will lease more than 230,000 square feet of space in a 29-story office tower under construction downtown. The new space will nearly double the Silicon Valley company’s...

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Open Source

Wednesday Tech Crawl: Twitter lets some go beyond the 140-character limit. Plus more tech news.

Good morning, Austin! We have scrolled the internet to bring you the latest in technology news. Here’s what’s happening: Twitter lets some go beyond the 140-character limit As it struggles to attract new users, Twitter is lifting its 140-character...

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Open Source

Austin health care videoconferencing startup raises $5 million

An Austin-based  technology startup that provides healthcare planning to people with serious medical conditions has raised $5.1 million to expand nationally. Austin-based Iris Plans received the funding from investors including New York-based Activate...

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Austin's Elsewhere Partners plans to invest in software startups outside traditional VC hubs

Two years ago, venture capitalist Chris Pacitti founded AVX Partners to invest in software companies that have released products and signed customers, but need outside investment to accelerate their growth. Rather than raising a venture fund, AVX...

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Austin’s TrustRadius brings in $5.5M for expansion

Austin-based TrustRadius, which runs a review platform for business-to-business technology, has raised $5.5 million to ramp up growth. The TrustRadius site, which launched in 2013, lets IT professionals share information in the same way that consumers...

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Open Source

Wednesday Tech Crawl: Amazon is secretly building Alexa-enabled smart glasses and Toshiba is sold for $18B.

Good morning, Austin! We have scrolled the internet to bring you the latest in technology news. Here’s what’s happening: Amazon is secretly building Alexa-powered smart glasses Amazon is working on its first wearable device: a pair of smart glasses...

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Open Source

Check out Google’s new downtown Austin offices 

Three cityview terraces. Gourmet cafeterias that serve complimentary breakfast, lunch and dinner. A “speakeasy” secret hangout with floor-to-ceiling bookshelves, a bar, couches and a piano.  Welcome to Google’s new downtown Austin offices. The 300...

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Car insurance site The Zebra raises $40M and announces a new CEO

The Zebra, an Austin company that lets consumers compare car insurance rates online, has raised $40 million and named a new CEO. Silicon Valley-based Accel Partners was the lead investor in the Series B deal, which brings the total amount raised by...

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Austin biotech firm gets $4M in drug development grants

Austin-based Pain Therapeutics has received two grants totaling $4 million to continue its development of two drugs. The news sent shares of the company up more than 8 percent. The drug development company, which was founded in 1998, was awarded a...

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