Tech Money

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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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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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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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Warren Spector’s ‘System Shock 3’ collects $12 million in funding

Warren Spector’s next game, “System Shock 3,” looks like it could get bigger in scale. Swedish publisher Starbreeze is investing $12 million in the game, which is being developed by Boston-based OtherSide Entertainment, in order to “bring the game...

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Austin startup TurnKey Vacation Rentals lands $21 million for expansion

A year ago, Austin’s TurnKey Vacation Rentals raised $10 million to expand its vacation rental management service. Today, after a year of fast growth, the startup will announce it has raised an additional $21 million. Founded in 2013, TurnKey provides...

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Austin’s Next Coast Ventures launches an $85 million fund to invest in startups

Good news for Austin entrepreneurs: Next Coast Ventures has closed on an $85 million fund to invest in startups. The new firm, founded by two technology industry veterans, plans to do 20 to 30 deals, with up to three-quarters of them in Central Texas...

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Are Austin startups falling behind in the venture capital race?

When veteran entrepreneur Brett Hurt set out to raise millions in venture capital for his startup, data.world, he knew he would need to look outside Austin to get the deal done. Hurt ended up closing on $19 million this month, bringing the total his...

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Austin startup data.world brings in $19 million to build out ‘social network for data people’

Austin startup data.world came out of stealth mode last July to tell its story. The company, founded by a team of Austin tech veterans, revealed it was building a social network geared toward helping data scientists connect and share collections...

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Austin’s uShip lands $25 million for expansion push

Last week, Austin online shipping company uShip named a new CEO. This week, the company announced it has landed $25 million for a new expansion push. The company said Wednesday it received the funding in a deal lead by DB Schenker, one of the world’s...

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Open Source

Study: Tech industry pays older workers less money 

It’s not exactly a secret that the tech industry has a preference for hiring young workers. Bloomberg reports that the median age at tech companies like Google and Facebook hovers around 30, while the average age for a U.S. worker is 42.  Now jobs...

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