Experiment Engine, an Austin-based SaaS start-up, proudly announces the close of a $1 million seed round. Founder Collective, based in NY and Boston, joined the seed stage round with other notable support from Texas-based Mercury Fund. Two former E&Y Entrepreneur of the Year award recipients also participated: Dan Graham, CEO of BuildASign, and Rony Kahan, Co-founder of Indeed.com.
There has been a new technological advancement for PHP developers and the developer community as a whole. For the very first time PHP and HHVM (HipHop Virtual Machine), an open-source project created by Facebook, can now run side-by-side on the same server, vastly increasing speed, performance and stability for websites in production environments. By doing so, modern websites and applications with dynamic content built on HHVM can see an average response time increase of 560%.
Bigcommerce Raises $50 Million in Growth Equity; Investors Include SoftBank Capital and Telstra Corporation
Bigcommerce, the ecommerce platform of choice for fast-growing brands, today announced it has raised $50 million in Series D funding. The company will use the funds to invest in product development, aggressively grow sales and marketing, and expand its business to new markets. The financing was led by SoftBank Capital, a venture firm affiliated with SoftBank Corp., and included Telstra Ventures and American Express, as well as existing investors General Catalyst and Revolution Growth. Steve Murray, a partner at SoftBank Capital, will join the Bigcommerce board.
Tempo Semiconductor Launches with Focus on Low Power, High Fidelity, Mixed Signal Audio Semiconductor Solutions
On December 20, 2013, Tempo Semiconductor acquired the assets of IDT’s Audio Business Unit, along with a highly skilled engineering and technical support organization committed to providing innovative solutions. Tempo is reigniting the value of these audio products, delivering new ultra low power, high fidelity, mixed signal semiconductor solutions to the handheld and portable devices market, as well as continuing audio support for PCs.
6Qube, a leading provider of internet marketing software and services, today announced that it has secured $100,000 in growth funding from Lighter Capital in Seattle. 6Qube will use the funding to fuel its sales and marketing efforts, and make key upgrades to its suite of technology products.
WP Engine, a leading platform as a service for websites and applications built on WordPress, today announced that the company has surpassed 23,000 customers with 200,000 + domains, representing a customer increase of 130 percent in the last 12 months. The company has expanded its offices in Austin, San Antonio and San Francisco to 195 employees – almost a 150 percent growth over the same time period. The company anticipates exiting 2014 with more than 220 employees as the company continues to add talent to its customer support, customer experience, development, sales and marketing teams.
Pristine, developers of the only HIPAA-compliant video streaming and checklist solutions for Google Glass, announced today that it has raised $5.4 million in Series A financing. Austin-based S3 Ventures led the oversubscribed round, which also included Capital Factory, HealthFundr, and a syndicate of strategic clients. This new financing enables the company to expand its R&D, sales, marketing, and operations teams, supporting the company’s rapid growth.
College Retention Partner Upswing Opens Headquarters in Austin after Graduating from Dallas Tech Accelerator
Higher education in Austin, and the surrounding areas, may see an increase in student retention rates and technology-facilitated learning, if recently migrated company Upswing has anything to say about it.
Last year, Zappos’s CEO Tony Hsieh spent much of his keynote speech at SXSW V2V 2013 on the Downtown Project, the name he gave to his personal economic and cultural revitalization effort of several acres of the original, downtown Las Vegas. Tony made a considerable financial commitment to the Downtown Project of $350 million, to […]