Tech Money

Is Austin finally on radar of East and West Coast VCs? New numbers suggest it is.

Is Austin finally on the radar of East and West Coast venture capitalists? A new survey suggests the answer is yes. At least 24 Austin startups raised rounds of $10 million or more in 2017, according to a MoneyTree report by PricewaterhouseCoopers...

Read More

Open Source

Austin’s Shelfbucks, which helps retailers make the most of in-store displays, rings up $9M

Shelfbucks, which lets retailers analyze the performance of in-store displays, has rung up $9 million in new funding. Founded in 2012, Austin-based Shelfbucks has developed mobile technology that brands and retailers integrate into product displays...

Read More

Austin-based Accruent continues international expansion, acquires UK company

Austin-based software maker Accruent has expanded its European presence by purchasing United Kingdom-based software company Kykloud, the company said Wednesday.  Financial terms of the deal were not disclosed.  The acquisition is the second international...

Read More

Open Source

As it fine-tunes its business model, Austin-based Snap Kitchen has raised $16M, according to filings

Austin-based Snap Kitchen, which recently left the Chicago market and closed locations in Philadelphia, has raised $16.3 million, according to a new securities filing. The company received the funding in equity and options, warrants or other securities...

Read More

Open Source

Austin-based TrendKite lands $11 million for growth

TrendKite, which helps clients gauge the effectiveness of their public relations, has raised an additional $11 million to accelerate its expansion plans. The Austin-based company, which was founded in 2012, makes analytics software that lets agencies...

Read More

Open Source

Three Austin companies close year by collecting a combined $17 million

Three Austin companies -- two software makers and an LED lighting manufacturer -- have raised a combined $17 million, according to securities filings. Illumitex, which develops LED lights for various industries, has received $7 million, according...

Read More

Open Source

A milestone for Austin-based Car2go: 1 million users 

Car2go, the car-sharing company based in Austin, says it has hit a milestone: It has topped 1 million users in North America. The milestone comes nine years after Car2go launched its North America operation in Austin as a pilot program with 200 cars...

Read More

Open Source

UT-spawned tech startup GenXComm raises $7 million  

Austin-based startup GenXComm, which creates technology to boost wireless and wired communication networks, said Tuesday that it has raised $7 million to expand operations and add staff members.   The funding, led by Intel’s investment branch, is...

Read More

Open Source

Austin e-commerce startup Dosh raises $5M for deal-finding app that gives cash back

Austin startup Dosh has raised an additional $5 million as it prepares to launch its app for finding cash and deals. Founded a year ago, the company offers a free app that gives consumers cash back on debit and credit card purchases when they shop...

Read More

Dell reports 3rd quarter sales of $19.6 billion, lowers operating loss

Dell Technologies on Thursday reported a more than 20 percent year-over-year growth in sales for its fiscal third quarter, while also reporting that it lowered its operating loss. Boosted by solid sales in PCs, servers and networking devices, the...

Read More