Yesterday Dell announced their new tablet. The technology media wrote about it, and it got some good buzz. The first thing that went through my mind was, how does this jive with their deal to re-sell Motion tablets? Are they competing now? Did Motion just lose a huge reseller? As you can see from the picture, Dell’s new Latitude XT is actually a convertible. It looks kind of like a regular laptop, but then the [...]
Today’s Q&A Wednesday is with Andrew Westmoreland, the CEO and Founder of AdRevolution, who is growing a company that truly lives up to it’s name. The media industry is experiencing rapid change, fueled by the way consumers are using technology. AdRevolution is taking a fresh approach. Q: How did you first get the idea for ADRevolution? The desire to make ads people like fueled the creation of ADRevolution. The answer to the advertising arms race [...]
FiveRuns announced a partnership today with California-based ELC Technologies. ELC claims to have the largest global team of dedicated Ruby on Rails developers. ELC has delivered Rails applications for such large corporations as Cisco, Buy.com, and MediaTrust. FiveRuns brings enterprise-class monitoring and management to Ruby applications. “We have repeatedly demonstrated the value of Rails for business-critical applications to the global companies we have as clients. However, one of the greatest challenges our clients face is [...]
Spiceworks, a rapidly growing innovator of ad-supported IT management software, today announced that they had hit the 200,000 user mark which doubles their user base in just six months. The company now has users in all 194 countries of the world. They also announced the release of version 2.0 of their product, as well as some new advertising partners.
Spiceworks, a rapidly growing innovator of ad-supported IT management software, today announced that they had hit the 200,000 user mark which doubles their user base in just six months. The company now has users in all 194 countries of the world. They also announced the release of version 2.0 of their product, as well as some new advertising partners. Version 2 adds some significant features, such as windows event log monitoring, faster network discovery time [...]
Austin-based Asuragen released news today that they’ve raised an $18.5M Series B round of funding. The Series A funding was $49M, and investors Telegraph Hill Partners and Growth Capital Partners have returned, with Austin-based PTV Sciences adding money into this round. Asuragen is the new company of Ambion founder Matt Winkler. Matt sold Ambion for $273M and also received an Ernst & Young Entrepreneur of the Year award for his achievements. His new company is [...]
The UT Board of Regents voted Thursday to approve the creation of a $2M fund to help encourage commercial development of innovative ideas at all 15 UT System institutions. Grants will be given in amounts up to $50,000. The program is designed to complement other Texas economic development efforts; the Emerging Technology Fund (ETF) and the Texas Enterprise Fund. While $2M total, and $50,000 per idea seems like a small amount for an institution with [...]
Usually at Austin Startup we get to write about exciting developments such as new financings or exit events. But, today we have to report on the decidedly more difficult aspect of being an entrepreneur: shutting down a company. Nanocoolers, which was attempting to develop semiconductor technology-based cooling for processors, electronic systems and enclosures, has announced it is shutting down. Founded in 2002, the Company had raised more than $24 million in venture financing, but was [...]
Sailpoint Technologies announced a partnership today with leading accounting and consulting firm PriceWaterhouseCoopers. PWC will utilize Sailpoint’s Compliance IQ products in their delivery of consulting around identity and risk management. In a recent global security report from PWC, 78% of surveyed organizations state they do not continuously classify data and information assets by risk level, and SailPoint’s surveys show that a risk-based approach to identity management would be more effective. "Organizations who focus on a [...]
I just thought I would share this excerpt with you. It came from an article discussing how overly pessimistic most researchers are on the pace of new discoveries and the evolution of technology. On October 9, 1903 two interesting things happened. The New York Times wrote "Hence, if it requires, say, a thousand years to fit for easy flight a bird which started with rudimentary wings… the flying machine that will really fly might be [...]
