Tech Money

Rejected Austin proposals to attract Amazon’s HQ2

They say that there’s no such thing as a bad idea. But what if saying that in the first place was itself a bad idea? In the rush to meet the deadline to attract Amazon’s second headquarters and its 50,000 employees for the so-called “HQ2” project...

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Open Source

Friday Tech Crawl: Tech giants forming pro-DACA coalition, Stitch Fix’s IPO and sexual harassment allegations against Robert Scoble

Happy Friday, Austin! Here are some of the tech stories we’re reading about this morning: DACA lobbying group is coming Reuters says it has uncovered documents showing that at least 20 tech companies are forming a pro-Dreamers lobbying group to push...

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Open Source

Now accepting applications: Startup accelerator MassChallenge launches in Austin

Now Accepting Applications: That’s the message from MassChallenge, the Boston-based accelerator that officially launched its Texas program on Monday. At an event at the Bullock Texas State History Museum, MassChallenge celebrated its new presence...

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Open Source

Hong Kong-based Leyou Technologies buys $10 million stake in Austin’s Certain Affinity game studio

Austin indie video game studio Certain Affinity  -- the company behind a successful reboot of  “DOOM” and a player on the “Halo” and “Call of Duty” franchises -- said Monday that it has landed a new investor. Hong Kong-based Leyou Technologies Holdings...

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Austin venture capital investing falls in third quarter, but internet activity stays strong

Venture capital investing in Austin companies fell in the third quarter, but activity in the internet sector remained strong. A total of $151 million was raised by 20 companies during the quarter, according to a survey by PricewaterhouseCoopers and...

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Open Source

Austin software maker AlertMedia lands $8 million to continue growth

Mass communication software maker AlertMedia has landed $8 million to launch a new wave of growth. Founded in 2013, the Austin-based company lets customers deliver mass notifications by phone, text, social media and mobile apps to any type of device...

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Open Source

After turning down VC for decades, here’s why Baxter Planning just raised $25M

Since its founding in 1993, Baxter Planning Systems has grown into a leading maker of supply chain software without raising any outside money. Now the Austin-based company is ready for a new wave of growth and has landed $25 million to fuel it. Polaris...

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Study: Tech workers’ salaries go further in Austin than most tech hubs

The cost of living in Austin might be going up, but local tech workers still see their salaries go further in Central Texas than they would in most of the nation’s other tech hubs, according to a study released Wednesday by job search site Indeed...

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Open Source

Austin's Elsewhere Partners plans to invest in software startups outside traditional VC hubs

Two years ago, venture capitalist Chris Pacitti founded AVX Partners to invest in software companies that have released products and signed customers, but need outside investment to accelerate their growth. Rather than raising a venture fund, AVX...

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