Startups

Austin’s Main Street Hub lands millions in debt refinancing to launch ambitious growth plan

Online marketing firm Main Street Hub has secured a $27 million debt refinancing to launch a growth plan that includes hiring 200 workers. The Austin-based company, which manages social, web and email marketing for small businesses, received the financing...

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Open Source

Austin entrepreneurs among honorees on Forbes ‘30 Under 30’ list

Six Austin entrepreneurs landed spots on Forbes’ recently released 30 Under 30 list of the top young “change-makers” in the country. Forbes annually chooses 30 “game changers” in 20 different industries ranging from education and finance to healthcare...

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Open Source

Austin’s Owlchemy Labs hits $3 million in sales for its funny VR game ‘Job Simulator’

Austin’s got a VR hit on its hands. “Job Simulator: the 2050 Archives,” a game that we first heard about in late 2015, has reached $3 million in sales for its creator, Austin-based Owlchemy Labs. The lean indie studio went all-in on virtual reality...

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Open Source

Meet the Austin startup founders who made the Forbes ‘30 Under 30’ list.

The co-founders of Austin startup The Zebra have landed spots on the 2017 Forbes 30 under 30 list. Adam Lyons and Joshua Dziabiak were named to the list in the Consumer Tech category. The annual list highlights “game changers” under 30 years old who...

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Austin startup AlertMedia making waves with mass notifications technology

Three years ago, Brian Cruver launched AlertMedia as an emergency  mass-notification provider. Then he realized there was a much larger market for the Austin-based  technology startup. "Initially we thought of an emergency as a tornado or a gunman...

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In an effort to close more deals, Central Texas Angel Network makes changes 

In an effort to get more deals done, the Central Texas Angel Network is restructuring its funding cycle -- the first time it’s done that in more than five years. Known as CTAN, the nonprofit organization was founded in 2006 as a way to connect private...

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Groundbreaking chip designer Ambiq Micro raises $2.5 million in debt financing

Ambiq Micro, which broke ground last year with its ultra-low-power chip, has raised $2.5 million in debt financing to continue its expansion.  The money is part of a planned $4.5 million offering, according securities filings. The name of the backer...

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Austin’s pop-up DroneDome offers safe airspace for would-be pilots

From a distance at sunset it looks like it could be a set of batting cages or maybe a funky South Austin art installation -- something to do with fish netting, neon hoops and the buzzing of mechanical bees. Upon closer inspection it’s hard to miss...

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UT program that helps faculty spin out inventions gets a $100,000 boost

One of the biggest hurdles faced by University of Texas researchers is getting the funding to commercialize their promising inventions. A grant program aimed at bridging the gap between research and commercialization wants to change that. And it has...

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Reshaping the pipeline in tech hiring

Lest you think that diversity hiring in the tech industry — the idea that there should be a so-called “pipeline” of capable, diverse candidates to fill jobs — is a new concept, Colette Pierce Burnette is here to tell you differently. “I graduated...

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