HomeAway co-founder Sharples unveils new startup: Twyla

Two years ago, HomeAway co-founder and CEO Brian Sharples came up with an idea for making it easier for people to buy contemporary art. On Thursday, Sharples unveiled the results: A new Austin startup called Twyla, which sells limited-edition artwork...

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Austin-based Factom lands $4.2 million to ramp up development 

A Silicon Valley venture capitalist is putting his money behind Austin-based Factom, which develops blockchain technology to protect data. Tim Draper of Draper Associates is the lead investor in a $4.2 million investment in Factom. Other investors...

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Open Source

Austin startups get a chance to make their pitch at Texas Venture Summit

It's been a tough year for Austin startups trying to raise venture capital. But more than 50 Texas technology companies will get a chance to make a pitch to investors at the Texas Venture Summit on Thursday. The event will match the companies with...

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Want to learn more about Austin's startup scene? Check out Startup Week.

Toronto entrepreneur Kim Parnell has never been to Austin before, but she says she thinks it could be a good place to build her startup, Back.io. Parnell will get a first-hand look when she takes part in the sixth annual Austin Startup Week, which...

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Austin's Caringo snares an additional $8.8 million for growth

Austin-based Caringo, which provides cloud-based data storage services, has added $8.8 million to its latest fundraising drive. The company received the capital from investors including New Science Ventures and Advantage Capital Partners. The additional...

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Open Source

Tech Crawl: Tech giants launch an AI nonprofit;  Facebook goes to London to debut its business network 

Good morning, Austin! We scrolled the internet to bring you today's technology news. Here's what's happening: Tech giants launch artificial intelligence partnership Amazon, Google, Facebook, IBM, and Microsoft are forming a nonprofit to educate the...

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Austin-based Able Lending secures $100 million to make small business loans

At a time when alternative online loans are under scrutiny, Austin-based Able Lending said it has secured $100 million to provide low-cost loans to small businesses. The online lender received the debt financing from Community Investment Management...

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HomeAway CEO steps down; Expedia executive takes the helm

HomeAway, the Austin-born online vacation rental company that was acquired by travel giant Expedia last year, is making changes at the top. Brian Sharples, who co-founded HomeAway in 2005, led it through a public offering in 2011 and oversaw its $3...

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Open Source

Meet Robert Smith: Austin's quiet venture capital billionaire

Who is Robert Smith? That's what the Washington Post asks in a profile of the billionaire founder of Austin-based Vista Equity Partners. Smith has built Vista into a powerhouse investment firm, with a portfolio of 35 companies with $26 billion in...

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Austin's Aceable hits gas with a new $4 million investment

Austin-based Aceable, which is taking drivers education from the classroom to the mobile web, has landed $4 million speed up its growth. Founded in 2012, the company curently offers mobile and online courses in driver's ed and defensive driving in...

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