Tango Health, the premier provider of Health Savings Account (HSA) management software and services, announced today that it has closed $4 million in Series B funding led by S3 Ventures and angel investor Mike Turner, founder and CEO of Waveset (acquired by Sun Microsystems). The new funds will be used to increase marketing and sales, expand product development into adjacent markets, and support the rapidly expanding base of Tango Health users. “Tango Health is transforming [...]
Tabbedout, the mobile payment solution that enables customers to open, view and pay their bar or restaurant tab with their phone, today announced that Paul Fiore has been named Chief Executive Officer. Fiore brings more than twenty years of executive leadership experience in the technology and financial services industries to Tabbedout. His previous roles include general manager of bank products for prepaid financial services company Green Dot (NYSE: GDOT), vice president of strategy for XP [...]
MapMyFITNESS, one of the fastest-growing online health and fitness communities, launched a fitness app for Facebook Timeline. The integration enables people to personalize their Facebook Timeline by sharing their fitness activities with friends. “We’re always seeking innovative ways to enable our six million members to express themselves through fitness” The new Timeline integration provides users with an easy means to post their personal fitness accomplishments, favorite routes, workouts and nutrition log to their Facebook Timeline, [...]
Arrow Electronics, Inc. (NYSE:ARW) announced today that it has agreed to acquire TechTurn, Ltd. (“TechTurn”), a leading provider of electronics asset disposition (EAD) services that specializes in the processing and sale of technology devices that are returned or recycled from businesses and consumers. “We are very excited to have the TechTurn team join the Arrow family. This acquisition will strengthen our existing portfolio of services and is a continuation of our global strategy to expand [...]
Market research companies like IBISWorld forecast an increased demand for insurance coverage in 2012, but by the same token, insurance buyers are expected to be increasingly selective on the plans they purchase. Sites like InsuranceQuotes.org and others of a similar breed are widely used by insurance shoppers to compare plans and find both what is right and most cost-effective for them. However, where does that leave the hard-working insurance sales agent? Headquartered in Austin, Texas, [...]
If you wanted to start a company based on the financial markets, Austin might not be your first choice. Technically, for 9WSearch CEO Susan Strausberg, it wasn’t. “My husband and I picked Austin to start a green-oriented business, but it took a little longer than expected,” said Strausberg. ”So we went back to our roots and started 9WSearch.” Those roots run the deepest in financial services, and with Strausberg’s track record in the industry, it [...]
OtherInBox, an Austin-based company that reduces unwanted email, announced today that they have been acquired and will now be a wholly owner subsidiary of ReturnPath. The company recently crossed the 2 million user mark, a highly coveted milestone for a consumer internet company. The company had raised approximately $4M in investment over the years from non-institutional investors. Return Path is the world’s leading email certification and reputation monitoring company. Financial terms of the deal were not disclosed, as [...]
I don’t know who came up with this amazingly brilliant idea for promoting uShip, but I’m setting my DVR right now. “Shipping Wars” premieres on A&E January 10th at 8pm. This primetime series follows six professional transporters that compete on uShip to haul bizarre and unwieldy shipments across the country. How would you haul a giant gnome, a Huey helicopter, or an angry camel? Hilarity will certainly ensue.
That’s not a catchy headline. That’s what Ethernet inventor and current UT innovation czar Bob Metcalfe told me at a recent Dell Entrepreneur event. And if you caught Metcalfe’s keynote at this year’s Clean Energy Venture Summit, you know he’d likely tell you to invest in a handful companies in the so-called “enertech” sector. “I’m waiting for all those tech and social networking investors and VCs to come over to energy,” he said. Jokingly taking [...]
Facebook has been poking around several Austin startup companies lately looking for talent acquisitions, and rumors are swirling that they’ve found a taker in beleaguered Gowalla. The company caused great excitement in the Austin tech community years ago when they relocated from Dallas to Austin, and garnered venture capital from top tier west coast venture and angel investors, spurning offers from locals. But no matter how hard they tried, they could never emerge from the [...]
