Lori Hawkins: Plugged In

Open Source

Austin's Bumble launches investment fund for female-founded startups

Bumble, known for its female-friendly dating app, is launching an investment fund to back female-founded and female-led businesses. The Austin-based company said Wednesday that it has invested in five companies so far. “There’s plenty of data that...

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Open Source

Austin-based SailPoint’s stock soars after the cybersecurity firm beats the Street

Shares of cybersecurity firm SailPoint Technologies soared on Thursday after the company beat Wall Street expectations in the second quarter. Austin-based SailPoint reported that revenue jumped 39 percent to $54.6 million from the year before. That...

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Open Source

This startup wants to make deliveries less stressful for apartment dwellers

When Michael Patton moved to a Dallas apartment complex three years ago, the leasing office was receiving 250 to 300 packages every day. “The e-commerce explosion has flooded apartment buildings with packages,” Patton said. “I saw what a pain it was...

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Open Source

Fresh off strong earnings report, Austin’s Q2 Holdings snaps up California startup 

Fresh off a strong earnings report, Austin-based Q2 Holdings, which sells online banking software, said it plans to acquire Cloud Lending, a California-based startup that sells a lending and leasing platform. Financial terms of the deal were not disclosed...

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Open Source

Software maker Atlassian will eliminate 100 jobs at downtown Austin hub

Atlassian, which is one of Austin’s largest software employers, is eliminating 101 jobs at its downtown hub following the sale of two products to a rival company. Atlassian, which makes tools for technical workers to collaborate and share information...

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Open Source

Austin startup ScaleFactor lands $10 million to build out sales, marketing

ScaleFactor, which sells accounting and payroll management software, has landed $10 million to build out its sales and marketing teams. Founded in 2014 by former KPMG accountant Kurt Rathmann, the company sells machine-based financial and bookkeeping...

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Open Source

Favor founders launch Sunroom, a new startup aimed at renters

When they founded Favor five years ago, entrepreneurs Ben Doherty and Zac Maurais set out to build an app-based delivery service that offers speed and convenience. Today, Austin-based Favor is owned by H-E-B and has a network of more than 50,000 runners...

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Open Source

Putting new funding to work, Austin’s YouEarnedIt buys a Chicago startup

YouEarnedIt is putting its recent investment by Vista Equity Partners to work by acquiring a Chicago startup. Austin-based YouEarnedIt, which lets companies provide employee recognition and rewards, said it has purchased HighGround, a human relations...

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Open Source

New York-based GLG doubles down on Austin with expansion, room for 730 employees downtown

In 2005, New York-based GLG opened an Austin office as a small outpost for its business, which specializes in connecting businesses to experts. “We moved here because we thought it was a quaint sleepy community which was pro-business and where we...

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Open Source

Austin’s Swivel, which offers alternative to co-working space, raises $4.7M to build out its vision

Finding the right office space can be challenging for fast-growing companies that are too big for co-working but not ready for a traditional lease. Austin software startup Swivel says it has the solution: It helps companies obtain, furnish and occupy...

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