Tech Money

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Austin oil & gas tech startup RigUp lands $15.8 million to fuel growth

Austin oil and gas technology startup RigUp has landed $15.8 million to fuel its growth. Founded in 2014, RigUp has built an online platform that connects oil and gas companies and service companies.  Oilfield operators can use the RigUp platform...

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Friday Tech Crawl: Apple, Amazon and Alphabet post earnings, HQ Trivia funding and Instagram’s push into... text?

Happy Friday, Austin! Here are some of the tech stories we’re reading about this morning. Earnings, earnings, earnings! Yep, it’s that time when three tech titans reveal how much more money they’re making than the rest of us. On Thursday, Apple, Amazon...

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Shareholders approve Bazaarvoice’s sale to Los Angeles-based private equity firm

Shareholders for Austin-based software maker Bazaarvoice voted Monday to approve the company's sale to Marlin Equity Partners, a Los Angeles-based private equity firm.  The deal received overwhelming support, with more than 54 million votes in favor...

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Dell Technologies considering IPO, other options, to boost revenue, reports say 

Round Rock-based Dell Technologies Inc. is weighing different options to increase its revenue, including an initial public offering, according to media reports Thursday. The company’s board, which is meeting later this month, will discuss whether...

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Austin’s Main Street Hub being sold to GoDaddy for $125 million

GoDaddy is acquiring Main Street Hub, an Austin-based online marketing firm, in a $125 million cash deal. As part of the deal, Main Street Hub could also earn up to $50 million in potential future earnouts. Founded in 2010, Main Street Hub manages...

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Austin’s HNI Healthcare lands $32.6 million for growth

A new $32.6 million investment will allow Austin-based HNI Healthcare to speed up its expansion plans.  The physician practice management company received the funding from New York-based Bison Capital and Austin-based Spindletop Capital. Founded in...

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Home Run: Austin-based Petros PACE scores $10M in deal led by Alex Rodriguez

Former baseball star Alex Rodriguez and his investment firm are the lead investors in a $10 million funding round for Austin-based Petros PACE Finance. Petros provides long-term PACE financing to U.S. commercial property owners seeking to increase...

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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...

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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...

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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...

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