Open Source

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Open Source

Austin holding company BuildGroup raises $330 million to invest in software startups

Austin-based holding company BuildGroup said Tuesday it has raised a $330 million fund to make long-term investments in software companies. Founded in 2015 by Rackspace alums Lanham Napier, Jim Curry and Klee Kleber, along with Pete Freeland from...

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Civitas Learning expands EdTech platform with an acquisition

Civitas Learning is expanding its education technology platform by acquiring a student engagement app for higher education. Austin-based Civitas said it has purchased ClearScholar, an Indianapolis startup whose mobile app makes it easier for colleges...

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Austin quantum computing startup Strangeworks scores $4 million to advance its technology

Austin-based quantum computing startup Strangeworks has landed $4 million to build out its platform. The lead investor in the deal was Lightspeed Venture Partners, with participation from Ecliptic Capital, GreatPoint Ventures, Lux Capital, BoxGroup...

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Austin’s Eventador.io lands $3.8 million for expansion

Real-time data service startup Eventador.io has landed $3.8 million for expansion. The Austin-based company, which launched in 2016, received the seed funding from LiveOak Venture Partners with participation by Deep Space Ventures, RSH Ventures, Capital...

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Monday Tech Crawl: Austin’s Accruent opens office in New Orleans, and the new scooter company that wants to follow the rules   

Accruent is making more moves The Austin-based software maker said Monday that it is opening an office in New Orleans and hiring 65 people by the end of the year, with plans to expand that office to roughly 350 employees by 2020. The announcement...

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Austin blockchain startup SeriesX raises $2 million to build out its platform

Austin startup SeriesX, which is developing a platform built on Ethereum blockchain, has closed on two rounds of funding totaling $2 million. The company, founded in 2017, received the funding from investors including Shasta Ventures, Next Coast Ventures...

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Online retailer Spreetail sets up shop in Austin, plans to hire 100-plus

Nebraska-based online retailer Spreetail is opening shop in downtown Austin, with plans to hire dozens of workers in the next year. The company, based in Lincoln, Neb., sells home and garden products online, from vacuum cleaners and blenders to lawnmowers...

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Austin-based car2go moving into new headquarters 

Car-sharing company car2go, which has its North American headquarters in Austin, is moving into a new downtown-area office at 901 E. 6th Street, company executives said Thursday.  The headquarters change is the latest milestone for the growing brand...

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Thursday Tech Crawl: Is AMD’s momentum accelerating? Plus, how the next iPhone launch could boost Austin’s Cirrus Logic.

Good morning, Austin! We have scrolled the internet to bring you the latest in tech news. Here are this morning’s headlines: Is AMD’s momentum accelerating? Industry analyst Ryan Shrout lays out the case that the next two years are looking bright...

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U.S. Army officials visiting Austin amid search for Futures Command site  

U.S. Army officials are visiting Austin as they evaluate the city as a possible site for a new operational arm that will be focused on developing new military technologies, Col. Patrick Seiber, an Army spokesman, said Wednesday. The military officials...

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