Tech Money

Open Source

Q&A sessions reveal some details on game guru Richard Garriott’s new ‘Shroud of the Avatar’

As development of the first full release of his new game, “Shroud of the Avatar” hits the home stretch this year, Portalarium Inc.’s CEO and creative director Richard Garriott de Cayeux is inviting equity investors to help raise another $2 million...

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Open Source

This Chicago venture capital firm has its eye on Austin, and it's looking for deals.

Chicago Ventures has its eye on Austin. Since its launch in 2012, the Chicago-based venture capital firm has backed five Central Texas startups, and it’s looking for more deals. The firm is currently investing a $66 million fund, and partner Stuart...

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Open Source

Video surveillance firm Eagle Eye Networks breaks into Europe with an acquisition

Since launching its cloud-based video surveillance service five years ago, Eagle Eye Networks has signed thousands of customers, including big names like Facebook, McDonald’s, Holiday Inn Express and Pinkberry. Now the Austin-based company is breaking...

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Open Source

High-profile backers including Microsoft Ventures and USAA pump $15M into Austin’s CognitiveScale

High-profile backers including USAA, Microsoft Ventures and Intel Capital are pumping $15 million into Austin artificial intelligence startup CognitiveScale. The company, founded by members of the IBM Watson team, received the money from additional...

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Open Source

Austin digital media firm OwnLocal continues its acquisition roll with another deal

 Austin-based digital advertising OwnLocal is continuing its acquisition roll with another deal. The company said it has purchased Wanderful Media for an undisclosed price. Twelve major media companies -- including Cox Media Group, Gannett Co., Hearst...

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Open Source

Austin’s Digital Pharmacist brings in $6.5 million for expansion

Digital Pharmacist, a digital health company that connects pharmacies and patients, has raised $6.5 million to expand its product line and its reach. The Austin-based company received the funding from Activate Venture Partners in New York and Austin...

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Open Source

Austin’s Edgecase snapped up by Toronto-based e-commerce provider

Edgecase, which sells software for online retailers, has been acquired by GroupBy, a Toronto e-commerce and media provider. Under the deal, Austin-based Edgecase will become GroupBy’s U.S. headquarters. The company’s corporate headquarters will remain...

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Open Source

Austin online festival hub Everfest brings in $3.6M investment

Online festival hub Everfest has raised $3.6 million to expand its team and invest in product development and marketing. Launched in 2014, Everfest runs an online community that connects festival goers. Its platform is aimed at festival organizers...

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Open Source

Austin cybersecurity startup SpyCloud comes out of stealth mode with new product, $2.5 million investment

An Austin startup founded by two cybersecurity veterans is coming out of stealth mode with a new product and a $2.5 million investment. SpyCloud, founded last August, is unveiling its platform, which detects data breaches for companies and individuals...

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Open Source

Austin’s High Brew Coffee lands $17 million for expansion of its cold-brew beverages

After Sweet Leaf Tea was acquired by Nestle in 2011, Sweet Leaf co-founder David Smith and his family went on a seven-month Caribbean sailing adventure on their catamaran.  He, his wife, Elizabeth Smith, and two children visited the U.S. Virgin Islands...

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