The news was teased in local media outlets on Monday. Everyone had heard that the Greater Austin Chamber of Commerce was going to announce a new company moving to town with 300 jobs, but nobody knew who it was. But we were told who it wasn’t going to be. In the end it turned out to be web hosting company HostGator, as they plan to expand into Austin, initially employing 200 people, ramping up to 300 over the next 36 months.
Troux Technologies announced new solutions that integrate with HP Universal Configuration Management Database (HP UCMDB).
IT operations customers spend significant time and money assessing the impact of changes, reacting to unplanned business demands, and responding to business outages. This integration provides greater visibility into the impact of business changes on IT operations while simultaneously enabling IT to make better decisions around optimizing IT spend and reducing operational risk.
LibreDigital announced that it has closed an $8.1 million Series C funding round led by new investor S3 Ventures with participation from existing investors Adams Capital Management and Triangle Peak Partners. The company’s other key investors include HarperCollins Publishers, The New York Times Company and Noro-Moseley Partners. The new capital infusion will be used by LibreDigital to expand e-book services for publishers looking to capitalize on the unprecedented demand for e-books, which is being driven [...]
The 28th annual running of UT-Austin’s Global Moot Corp was completed this past weekend and, for the first time for this event, I participated as a judge. In case you didn’t catch the post-event coverage of the event, there were a couple of outcomes worth note. First, already informally regarded as the “super bowl” of investment competition, the event will be henceforth renamed the Venture Labs Investment Competition, reflecting the true nature of what it [...]
uControl has teamed with Ember to deliver its latest innovation – an entirely new line of wireless ZigBee security sensors which enables Broadband Service Providers to deliver the next generation of services for the Connected Home.
AVG Technologies, developers of the world’s most popular free anti-virus software, today announced that it has begun working with Affinegy, providers of intelligent home networking solutions to millions of broadband subscribers, to fully integrate AVG’s Internet Security 9.0 with Affinegy’s DigiDo™ Platform. Together with AVG, Affinegy will allow service providers to offer consumers the first easy-to-use and comprehensive secured Internet experience, whether at home or on-the-go. “We are excited to work with AVG to deliver [...]
Austin-based chip development firm Wintegra updated their 2006 IPO filing on Friday. The current plan is to raise $115M on a valuation of somewhere between $250M – $500M. The offering will be led by Barclay’s and Deutsche Bank Securities. The people gaining some liquidity from this deal include funds Magma, Concord, and Genesis, chip makers Marvell and Texas Instruments, and CEO Jacob Ben-Zvi. When it first planned an IPO in 2006 the company had revenues [...]
ATX Tech Women are having their second meet-up tonight. Yes, it took a bit of a hiatus, but recovering from SXSW isn’t a small task.
The group will be meeting at Mangia’s Pizza on Guadalupe so everyone can grab a drink and food before entering into deep, tech-inspired talk. Make sure to RSVP quickly so we can save you a spot!
Capital Factory, a seed stage technology accelerator based in Austin, announced five companies that will participate in the 2010 program this summer. About 200 companies applied for the program, which provides cash, mentorship, and services to those who are selected. The 10-week program culminates in a Demo Day where the companies have the opportunity to showcase their ideas in front of investors and other entrepreneurs.
Here in Texas, it’s a downright shootout between location-based-networks. SXSW 2010 brought the big guns with contenders like Gowalla, Foursquare, and Plancast. But, the question remains: who is making money, and how?
