Open Source

Austin’s Vyze lands $13M to expand its fintech software for retailers

Retailers lose tens of billions of dollars each year when customers’ credit applications are rejected and they can’t complete their purchase. But many of those shoppers are creditworthy, and Austin-based Vyze wants to help stores save those sales...

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Open Source

Tech Crawl: Austin’s Vermillion and Pain Therapeutics report second quarter losses

Good morning! Earnings season is wrapping up, and we’ve got a couple more Austin companies reporting their results. Here’s a look at how they did: Vermillion reports second quarter loss Austin-based medical diagnostics company Vermillion Inc. reported...

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Open Source

Fast-growing New York software maker Namely is expanding in Austin

Namely, a fast-growing New York-based software company, is expanding its Austin team, with a move to larger offices and plans to add 30 workers in Central Texas. Founded in 2012, Namely sells human resources software that helps mid-size companies...

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Open Source

Austin’s uShip unveils sleek new HQ, gears up for more growth

After years of working in two downtown offices, uShip employees are finally under the same roof in a sleek new headquarters on East Riverside Drive. And the timing is right: the move comes as the 220-person company, which runs an online shipping marketplace...

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Open Source

Here’s why Austin tech accelerator Capital Factory is expanding to Dallas

Tech accelerator Capital Factory, which recently expanded in Austin, is breaking into Dallas. The tech incubator, seed-investment fund and co-working space has teamed up with the Dallas Entrepreneur Center to connect members in both groups with mentors...

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Open Source

With a new $200M credit facility, Austin’s Upland Software is ready for more acquisitions

More acquisitions are on the way for Austin-based Upland Software. The company, which has grown by buying small software companies, has closed a $200 million credit facility to do more deals. Wells Fargo Capital Finance and CIT Bank, N.A. are joint...

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Open Source

Tech Crawl: NXP Semiconductors and Q2 Holdings report mixed second quarter results

Good morning, Austin! It’s earnings time, and NXP Semiconductors, which has a large Austin presence, and Austin-based Q2 Holdings posted second-quarter results this morning. Here’s a look at how they performed. NXP misses Q2 profit forecasts, beats...

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Open Source

Austin startup SwimTopia makes splash with an acquisition

Austin startup SwimTopia, which sells software for swim team management, is making waves with an acquisition. The company said Wednesday it has purchased Atlanta-based Swim-Team.US. Founded in 2008, Swim-Team.US serves more than 500 swim teams across...

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Open Source

Who's investing in Austin startups? New VC report has the answer

Who’s doing deals in Austin? A new report by two tech industry veterans provides a comprehensive look.  The study was conducted by David Altounian, assistant professor of entrepreneurship at St. Edward’s University and the former founder and CEO of...

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