Tech Money

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’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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In a move to expand its cloud offerings, Austin’s Epicor acquires docSTAR

In a move that expand its cloud offerings, Austin’s Epicor Software Corp. has acquired a New York-based document management software maker. Epicor said the purchase of docSTAR, based in Schenectady, adds enterprise content management and automated...

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Open Source

It’s a safe bet Austin Ventures wouldn’t exist if not for entrepreneur Jack Crosby

It’s a safe bet that if it weren’t for Jack Crosby, Austin Ventures wouldn’t have existed. Crosby, the Austin entrepreneur and cable television pioneer, died on Friday at age 90. You can read the American-Statesman’s full obituary here. It was Crosby’s...

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Austin’s Asure Software kicks off the year with acquisitions, stronger-than-expected sales guidance

Austin-based Asure Software is starting off the year by announcing three acquisitions and providing 2017 sales guidance that far exceeds its previous forecast. The company, whose products are used to help companies manage mobile workforces spread...

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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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Open Source

Tech Crawl: Uber bleeding cash, Mark Zuckerberg’s smart home and a snowboarder’s drone-enabled flight

Happy Tuesday, everyone! We promise you can make it through this week. Think hot cocoa. Here are some of the top tech items we’re keeping an eye on today: Uber losses mount Bloomberg reports that Uber is having “eye-popping” losses for its first nine...

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As Dell expands into servers and storage, PC business is boosting revenue

Dell Technologies has been trying to distance itself from its "legacy" hardware business of making PCs for years, focusing more on the fast-growing area of offering IT products and services to large corporate and government customers.  Buying data...

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Austin health care startup Medici collects $24.2 million in new funding

Medici, an Austin startup whose mobile app connects doctors and patients, has raised $24.2 million in new funding. The company received the money from 10 investors, according to a filing with the U.S. Securities and Exchange Commission. Medici previously...

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Austin bot-translator company Message.io draws $2.5 million seed funding, partners on Microsoft Teams

As Austin company is benefiting from a wave of interest in so-called "Chatbots" with a seed round of investment and with a partnership on Microsoft's recently announced Teams project. Message.io, which has 11 employees, announced Thursday that it...

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