Experiment Engine Closes $1M Seed Round

Experiment Engine, an Austin-based SaaS start-up, proudly announces the close of a $1 million seed round. Founder Collective, based in NY and Boston, joined the seed stage round with other notable support from Texas-based Mercury Fund. Two former E&Y Entrepreneur of the Year award recipients also participated: Dan Graham, CEO of BuildASign, and Rony Kahan, Co-founder of Indeed.com.

Infocyte Raises $500K for Assessment Platform that Determines If a Network Has Been Hacked

Infocyte, Inc., a San Antonio-based cyber security startup, has secured $500k in additional seed funding to accelerate development of its’ assessment platform, Pulse. Led by Austin-based LiveOak Venture Partners, the funding will be used to expand Infocyte’s development team ahead of their planned 1st Quarter 2015 product launch.

WP Engine and Facebook Combine to Enhance Speed, Stability and Performance for HHVM

There has been a new technological advancement for PHP developers and the developer community as a whole. For the very first time PHP and HHVM (HipHop Virtual Machine), an open-source project created by Facebook, can now run side-by-side on the same server, vastly increasing speed, performance and stability for websites in production environments. By doing so, modern websites and applications with dynamic content built on HHVM can see an average response time increase of 560%.

Austin Tech Happy Hour Dec 4th

When you feel the chill in the air, you know the end of the year is approaching. We are kicking off the holiday party season with our December 4th happy hour at The Dogwood. Come celebrate a fantastic year for the Austin technology community with a frosty beverage and some great networking.

Biggest Austin Presence at DEMO in History

Austin continues to make “Top 10″ lists for everything, and break new records. Here’s one for you from the legandary DEMO conference in San Jose this week. A record-breaking six Austin companies launched at DEMO this week, and three of the six are being incubated at Capital Factory with one being an ATI graduate.

Bigcommerce Raises $50 Million in Growth Equity; Investors Include SoftBank Capital and Telstra Corporation

Bigcommerce, the ecommerce platform of choice for fast-growing brands, today announced it has raised $50 million in Series D funding. The company will use the funds to invest in product development, aggressively grow sales and marketing, and expand its business to new markets. The financing was led by SoftBank Capital, a venture firm affiliated with SoftBank Corp., and included Telstra Ventures and American Express, as well as existing investors General Catalyst and Revolution Growth. Steve Murray, a partner at SoftBank Capital, will join the Bigcommerce board.

Tempo Semiconductor Launches with Focus on Low Power, High Fidelity, Mixed Signal Audio Semiconductor Solutions

On December 20, 2013, Tempo Semiconductor acquired the assets of IDT’s Audio Business Unit, along with a highly skilled engineering and technical support organization committed to providing innovative solutions. Tempo is reigniting the value of these audio products, delivering new ultra low power, high fidelity, mixed signal semiconductor solutions to the handheld and portable devices market, as well as continuing audio support for PCs.

Rivet Launches First-of-its-Kind User-Generated Content Marketing Solution

Rivet Works, Inc., a technology company that inspires consumers with user-generated content (UGC) solutions, today announced its launch as the first content marketing solution that promotes active engagement between people and their favorite brands. Rivet’s cloud-based platform captures the experience of the consumer by individualizing user-generated content marketing programs to produce thought-provoking and experiential content. With easy integration and implementation across both mobile and web channels, Rivet drives customer engagement, promotes brand awareness, enhances brand loyalty, and increases conversion rates.

Ambiq Micro Announces $15 Million Funding Round Led by Kleiner Perkins Caufield & Byers

Austin-based Ambiq Micro, a leader in ultra-low power integrated circuits for power-sensitive applications, today announced that is has closed a $15 million Series C funding round to accelerate the development and marketing of its SPOT™ (Subthreshold Power Optimized Technology) platform. The funding round was led by Kleiner Perkins Caufield & Byers (KPCB) and was supported by existing investors including Austin Ventures, Mercury Fund, and ARM Holdings. KPCB partner Wen Hsieh will be joining Ambiq Micro’s board.

S3 Ventures Invests in Metal Networks

Metal Networks, the foremost worldwide software solution for buying and selling semi-finished industrial metal, today announced $5 million in Series A financing. S3 Ventures, a leading Texas venture capital firm, led the round. After its 2013 graduation from SURGE Ventures’ accelerator program, Metal Networks is using this latest round of funding to extend its growth and sales.