Tech Money

Austin-based Silicon Labs posts double-digit revenue and profit growth

The Internet of Things continues to boost sales at Silicon Labs.  The Austin-based chipmaker reported $179 million in revenue for its fiscal first quarter, which ended April 1. That is a 10.5 percent increase from the same quarter a year ago. But...

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Open Source

What happened when we tested Comparably’s new tech salary tool

A California-based company called Comparably is trying to drum up publicity today for its new “fair pay” reporting tool. The idea is you put in your department, job title and zip code and it spits back an estimated salary. They don’t ask for years...

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For the second time in a year, Austin-based tech firm Spanning Cloud Apps has a new owner

An Austin company that was acquired by Dell Technologies as part of the acquisition with EMC Corp. has a new owner. Spanning Cloud Apps has been acquired by Insight Venture Partners, a private equity and venture capital firm, for an undisclosed sum...

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Open Source

Austin’s Next Coast Ventures leads a $4.5 million investment in LeanDNA

Austin’s new venture capital firm Next Coast Ventures is the lead backer in a $4.5 million investment in software startup LeanDNA. LeanDNA, which makes software for manufacturers, will use the money to expand sales and marketing and broaden product...

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Open Source

Austin’s ClearData lands $12 million to ramp up health care cloud services

ClearData, which moved to Austin from Arizona last year, has raised $12 million to expand its health care cloud services and software business. Founded in 2011, the company provides cloud computing services to health care companies, helping them store...

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Report: Amazon considered bid to buy Whole Foods

Online retail giant Amazon.com last year considered making a takeover bid for Austin-based Whole Foods Market Inc., but decided not to pursue a deal, Bloomberg news service reported, citing unnamed sources. Citing a person with knowledge of the situation...

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Open Source

In $50 million deal, Blackbaud snaps up Austin’s AcademicWorks  

A promising Austin-based software maker that sells scholarship management tools has been snapped up by South Carolina-based Blackbaud for $50 million. AcademicWorks, founded in 2010, offers a cloud platform that lets students apply for all awards...

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Open Source

Goldman Sachs makes a $30 million bet on Austin’s Zilliant

Global finance company Goldman Sachs is making a $30 million bet on Austin software maker Zilliant. Zilliant said it will use the $30 million investment to pursue global growth opportunities in a number of sectors. The company was founded in 1999...

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Open Source

Austin startups could benefit from new $131 million fund from Silicon Valley VC firm Floodgate

Silicon Valley venture firm Floodgate has closed on a new $131 million fund, and that could be good news for Austin startup founders. The fund is the sixth raised by Floodgate, which is based in Palo Alto, Calif., and led by former Austin software...

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Open Source

Austin e-commerce startup Dosh raises $2 million to launch service

An Austin startup that says it can get you cash back on debit and credit card purchases has raised $2 million to launch its service. Dosh, founded a year ago, is preparing to release its free app, which it says finds cash and deals for consumers when...

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