HelioVolt, Austin’s very own thin film photovoltaic company that recently raised just under $100 million in venture financing, scored a huge hiring win today, announcing that Louay Eldada has been hired as CTO. Eldada was previously the CTO at du Pont, and served as a director for DuPont Photonics Technologies. Prior to his five-year tenure at DuPont, Dr. Eldada founded and managed Telephotonics Inc., which was acquired by DuPont. Dr. Eldada also served at Honeywell [...]

Zenoss is one of the latest tech companies to open a development center in Austin. The company creates open source network and systems management software. In what might be a sign of good things to come, the company has setup shop in the same building where Tivoli was started. In January of 2008 the company announced an $11M series B round of financing, led by Grotech Capital followed by Intersouth Partners and Boulder Ventures. A [...]