Third Quarter and 2021 VC Investments Hit Record Levels for Texas and Austin

In the third quarter, the U.S. saw $82.8 billion in capital invested in 3,518 deals, according to the Q3 Pitchbook-National Venture Capital Association Venture Monitor report. For the first three quarters, the report’s data shows companies have attracted $238.7 billion across 12,837 deals and breaking the previous record set in 2020 of $155.4 billion.  And […]

Austin’s Rocket Dollar Invests Retirement Dollars in Alternative Assets like Cryptocurrency, NFTs, Real Estate, and More

After selling Honest Dollar, the company he co-founded, to Goldman Sachs, Henry Yoshida recognized another super trend. He had spent his career in the financial services industry with a particular focus on retirement accounts. Before Honest Dollar, Yoshida, a certified financial planner, had also founded MY Group LLC, a $2.6 billion assets under management retirement […]

50/50 Women on Boards Launches Austin Chapter to Advocate for More Women on Corporate Boards

Texas has 267 companies on the Russell 3000 Index and only 23 percent of them have women on their boards of directors, according to the 50/50 Women on Boards Gender Diversity Index. And only 13 of them are gender balance where they have 50 percent women and 50 percent men on their boards. Those figures […]

Creating a Pipeline of Data Scientists is Key to San Antonio’s Future

By LAURA LOREK, Publisher of Silicon Hills News Like the California gold miners of yesteryear, San Antonio leaders are betting big on a new type of mining to bring the city good fortunes. It’s data mining. The world is awash in big data and businesses, government, and the military all want to hire data scientists […]

San Antonio Hosts its Sixth Annual Startup Week

The sixth annual San Antonio Startup Week is taking place this week and next at various venues downtown. Events are being held in person and run Monday through Friday. The sponsors include 80/20 Foundation and USAA. A full schedule of events can be found on the San Antonio Startup Week website San Antonio Startup Week features […]

Olea Edge Analytics Closes on $35 Million in Funding

Olea Edge Analytics, a water monitoring system for utilities, announced it has closed on $35 million in funding. Insight Partners, a private equity and venture capital firm based in New York, led the Series C funding round. Austin-based Olea plans to use the funds to further develop its artificial intelligence and edge computing-based solutions to […]

San Antonio-based Pathwire Bought for $1.9 Billion by Sinch

In a big win for San Antonio’s technology industry, a Swedish company is buying Pathwire, an email delivery platform spun off from Rackspace, for $1.9 billion. Sinch AB, based in Stockholm, Sweden, announced last week that is acquiring Pathwire and its Mailgun, Mailjet and Email on Acid products, used by more than 100,000 developers and […]

Tesla is Moving its Headquarters to Austin, but it’s Also Generating Energy in Texas and Launching Vehicle Insurance

Tesla is moving its headquarters from Palo Alto to Austin. Elon Musk, Tesla Founder and CEO, made the announcement at Tesla’s 2021 shareholders meeting, which was held in Austin at Tesla Gigafactory under construction in eastern Travis County and broadcast on YouTube. In July of 2020, Musk announced plans for its $1.1 billion Giga factory […]

Austin’s Banyan Water Sees Water Conservation as the Most Critical Resource Issue Facing the U.S.

Banyan Water, a water management system, seeks to save companies money and conserve water. Gillan Taddune, Banyan Water’s Chief Executive Officer, recently spoke with Silicon Hills News on its Ideas to Invoices podcast about how companies and institutions should be monitoring their water usage to detect leaks and other problems before they get out of […]

Austin Startup Week Panel Discusses the Growing FemTech Industry and the Impact of Texas’ Restrictive Abortion Law

FemTech, which includes everything from menstrual products to telehealth services, is an industry that growing rapidly globally. Austin Startup Week hosted a panel discussion Wednesday with innovators from across the country to talk about telehealth services and the FemTech industry. Women’s telehealth is bridging the gaps of access, said Shawna Butler, a registered nurse, who […]