Open Source

Austin’s SailPoint plans to raise $200 million in upcoming IPO

Austin-based software maker SailPoint Technologies is getting closer to an initial public offering of stock, with plans to raise $200 million. The company on Monday announced terms for its IPO. It plans to offer 20 million shares (29 percent are insider...

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Open Source

Wednesday Tech Crawl: Social media giants get grilled on Capitol Hill and Sony’s robotic dog is back with new tricks. Plus more tech news.

Good morning, Austin! We scrolled the internet to bring you the latest in tech news. Here’s what’s happening: Facebook, Google and Twitter get grilled on Capitol Hill Facebook, Google and Twitter were in Washington yesterday for the first of three...

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Open Source

Former La Zona Rosa relaunches as a mixed-use office and venue space

The former La Zona Rosa, once a popular downtown live music venue, has reopened as LZR, a sleek mixed-use office and event space. The newly renovated site at 612 W. Fourth St. features more than 10,000 square feet of office and open space, including...

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Open Source

Meet Skout Deals, which shares location-based deals on its mobile app

Bryan and Alice Payne’s first high school date was at Burger King, and he paid with a two-for-one coupon. It was a match made in heaven, and the now-married pair has been looking for deals ever since. “We try to find deals on everything, whether we’re...

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Open Source

Austin’s Magnitude Software, which raised $100M for acquisitions, does another deal

Magnitude Software, which raised $100 million to buy smaller companies, has made another purchase. Austin-based Magnitude has acquired Agility Multichannel, which sells product information management software.  Agility is based in York, United Kingdom...

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Open Source

Wednesday Tech Crawl: Twitter will now label political ads with sponsors. Plus more tech news.

Good morning, Austin! We have scrolled the internet to bring you the latest in technology news. Here’s what’s happening: Twitter will now label political ads with sponsors Twitter is announcing plans to publicly disclose all ads on its platform...

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Open Source

Austin-based AI startup Tethr lands $15 million investment

Austin-based startup Tethr, which uses artificial intelligence to analyze customer calls, has tied up a $15 million investment. The lead investor in the Series A deal was Grotech Ventures, with participation from MissionOG and a number of strategic...

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Open Source

Austin’s SailPoint files for a $100 million IPO

Will SailPoint Technologies break Austin’s IPO drought? The Austin-based software company has filed with the U.S. Securities and Exchange Commission to raise up to $100 million in an initial public offering of stock. Founded in 2005 by three Austin...

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Global IT reseller SHI is betting on Austin with hundreds of new jobs

Since opening an Austin office nine years ago, global IT reseller SHI International has been one of Austin’s fastest growing tech-centered companies. Today, the company has 820 employees at its offices on South MoPac Boulevard, and it has plans to...

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Open Source

WeWork adding another downtown Austin co-working space

WeWork, the New York co-working giant, is opening a second downtown Austin location that can accommodate more than 1,000 members. The new space will debut in spring 2018 in the Chase Bank tower at 221 W. Sixth St.  WeWork West Sixth will occupy the...

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