Retail ecommerce revenues in the US hit $165 billion in 2010. According to Forrester, a market research company, ecommerce now makes up 8% of total retail sales. And this percentage is expected to grow to $269 billion by 2015, according to eMarketer, another market research firm. The main reasons sited for this growth are – increased web connectivity, increasing familiarity among consumers with online shopping, great shopping experiences offered by ecommerce websites, and new promotional [...]
The summer heat is in full swing, and we have some great things to look forward to in the next several months; the beginning of football season, ACL Festival, and cooler weather! Well the drinks are cold, and the A/C will be keeping everyone cool at Austin Tech Happy Hour on August 4th, sponsored by StripedShirt.com. Come out to network and discuss the latest happenings in the Austin technology community. We’ve seen some hot IPO’s, [...]
One of Austin’s fastest growing companies, BuildASign.com, announced the acquisition of ReflectiveRealEstate.com, an innovative sign company that manufactures and sells reflective real estate yard signs. Reflective sign technology allows real estate yard signs to be visible 24 hours a day when vehicle lights shine on them. “We are very enthusiastic about the acquisition of ReflectiveRealEstate.com,” said Andy Knopp, Director of Corporation Development at BuildASign.com™. “They have a strong base of loyal customers and an impressive [...]
Unwired Nation, the Mobile-Apps-As-A-Service company, today announced it has entered into a strategic alliance with voiceTech, Inc., a leading systems integrator and technology services provider in the pharmacy industry. The two companies have worked together to add integrated mobile applications (for both Smartphones and tablets) to voiceTech’s suite of pharmacy solutions. This collaboration will make it quick, easy and affordable for pharmacies to deploy mobile applications technology. The announcement of this relationship is strategically being [...]
NewComLink, a technology pioneer in retail credit solutions, today announced that it has received $10 million in a Series B round of financing from Austin Ventures and StarVest Partners. The round was led by StarVest and will be used to support aggressive growth as retailers and lenders continue to embrace the NewComLink platform as a high-value alternative to legacy payment solutions. “NewComLink is transforming the retail credit industry with a technology platform that brings new [...]
Nuventix, creator of an LED cooling technology for energy-efficient lighting, announced today that GE (NYSE: GE) has provided capital alongside other investors and recently entered into a license agreement to access Nuventix’s extensive patent portfolio. GE unit GE Energy Financial Services and The Bergquist Company joined existing investors Braemar Energy Ventures, CenterPoint Ventures, InterWest Partners and Rho Ventures to complete a $10 million investment round to fund Nuventix’s global expansion and technology advancements. GE’s investment [...]
mobileTech Tuesday, by Steve Guengerich Yes, I know it’s mid-July. Summertime is in full swing. The heat is hot and the rain is not in Austin. The next “official” US holiday, Labor Day, is a nearly seven weeks away on September 5 – an eternity in mobi time. But, my friend, there’s no time like the present to (urgently) plan for an onslaught of events that provide opportunities to learn, sell, and network with people [...]
Collider Media, with a platform that helps mobile marketers leverage complex user data to find, reach and convert the ideal audience for their brand or client, today shared data that indicates mobile area codes are becoming obsolete. That is, area codes are no longer an effective marketing tool for geographic targeting or customer identification as they no longer indicate where a person lives. The mobile phone area code analysis conducted by Collider Media identified that [...]
Today, Spiceworks unveiled new capabilities that make technology purchasing easier for its 1.5 million users. The new Request for Quote (RFQ) feature automates and simplifies the complex process of purchasing business technology and services by leveraging the social networking features of the Spiceworks community to power e-commerce. The Request for Quote (RFQ) feature enables small and mid-sized businesses (SMBs) to solicit vendor quotes for technology goods and services, share quotes with peers and place orders directly [...]
You probably heard the news yesterday about CopperEgg in either the Statesman, InfoWorld, or ReadWriteWeb. Today we have a Q&A with company co-founder and CEO Scott Johnson. Give us the elevator pitch for CopperEgg. In a nutshell, what does the company do? CopperEgg gets deep inside your storage network, file servers and cloud instances to ensure everything runs smoothly. We deliver SaaS-based applications that provide true real-time analytics and performance monitoring into the health and [...]
