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.
Magnitude Software, a leading provider of Enterprise Information Management (EIM) software, today announced it has secured up to $100 million in capital investment led by Audax Group, a leading middle market private equity firm, and a significant personal investment by Chris Ney, the company’s chairman and chief executive officer. Magnitude Software will use the investment to further build the company through product innovation, organic growth and strategic acquisitions.
AcxiomAcxiom Logo, a publicly traded enterprise data, analytics and software-as-a-service company, today announced that it will be opening a new office in Austin, Texas, to accommodate growing demand in its technology, engineering and operations. The company intends to fill up to 150 positions in technology fields including network engineers, security engineers, systems engineers, security architects, network architects, infrastructure architects, software engineers and project managers.
Upland Software, Inc. will soon join the rarefied air of Austin-based public companies. The company announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock in an effort to raise $50M in capital. It was founded by Jack McDonald, former CEO of Perficient, and Chairman of the Greater Austin Chamber of Commerce.
Pivot3, a leading supplier of hyper-converged infrastructure, announced today that it has closed a $12-million funding round that will drive additional product development and accelerate the company’s growth. The round, led by new investor S3 Ventures of Austin, also included participation by current investors, InterWest Partners and Mesirow Financial.
The Austin Technology Incubator (ATI), part of the IC2 Institute at The University of Texas at Austin (UT), today highlighted recent momentum from current portfolio company, eyeQ. eyeQ has developed a unique technology to bring online-style customer experience to brick and mortar stores. Its customer insight technology is being aggressively adopted by retailer and brands, with 5 agreements signed in the 10 months since releasing their initial product. eyeQ is also a showcase company for IBM, having presented at IBM’s IMPACT, Pulse, and Smarter Commerce conferences, in addition to their CIO Leadership Exchange.
Today’s Q&A Wednesday is with Adam Anderson, CTO of Q2 Holdings, Inc. The company had a successful public offering earlier this year, and trades under the symbol QTWO.
Veros Systems, an industrial asset monitoring company, announced today that Shell Technology Ventures LLC has joined their list of investors alongside Austin Ventures, Chevron Technology Ventures and LiveOak Venture Partners.
WP Engine, a leading SaaS content management platform for websites and applications built on WordPress, today announced the launch of the new WP Engine Labs and its first innovation, S3 Mirror. The new WP Engine Labs will contribute to the Open Source community and serve as the innovation wing of WP Engine’s product suite. Headed [...]
NIMBOXX today unveiled its ‘atomic unit’ of the software-defined data center, an all-in-one solution that puts a hyper-scale computing model within reach for organizations of all sizes. The company also announced it has raised $12 million in Series A funding from SMC Holdings, a Hong Kong-based institutional investor with a strong track record in backing U.S. technology companies.