Virtual Arts Lands $2 Million in Funding for its DanceFight App Aimed at Generation Z

At a Youth Peace Summit held at the John Knox Ranch in Wimberley, Ryan Jordan saw how young men and women from 20 countries bonded. One of the ways was through dance. Even though the teenagers spoke different languages and came from a variety of cultures and backgrounds, they all liked music and dance, said […]

Fetch Lands $18 Million to Help Apartment Complexes Deal With Packages

Since the COVID-10 pandemic, Austin-based Fetch has seen a 59 percent increase in volume for its package delivery service to apartments. As e-commerce explodes in popularity, apartment complexes have turned to Fetch to handle the crush of package deliveries. The company has almost doubled the number of communities they serve this year with more than […]

3-D Printed Home Builder ICON Lands $35 Million in Funding

ICON, the Austin-based startup that builds homes with its giant 3-D printer using concrete as substrate, on Wednesday announced it has closed on $35 million in funding. Previously, the company raised $9 million in seed-stage funding. ICON is arguably one of Austin’s most innovative startups tackling big problems like building homes for the city’s homeless […]

SpyCloud Raises $30 Million for its Anti-Fraud Platform

Despite the novel coronavirus pandemic, deals are still getting done in Austin’s startup community. Austin-based SpyCloud announced on Tuesday that it has closed on $30 million in additional venture capital funding. To date, the cybersecurity company, founded in 2016, has raised $58.5 million, according to Crunchbase. SpyCloud plans to use the funds raised to expand […]

Naturally Austin and SKU Host a Virtual Happy Hour Showcasing Austin Beverages and Snacks

The novel coronavirus pandemic has created a whole lot of changes, making people adapt faster than a coyote chasing a roadrunner across the Chihuahuan Desert of West Texas. It has also given rise to the quarantine cocktail party on Zoom. People who once crowded Austin’s bars for meetups and happy hours, now congregate online to imbibe […]

LitLingo Raises $2 Million for its AI-Powered Platform to Help Businesses Communicate Better

By LAURA LOREK, Publisher of Silicon Hills News With remote work becoming routine, more conversations are moving to informal communications channels like Facebook messenger, Slack, and direct messages. “All of these platforms are just going bonkers,” said Kevin Brinig, CEO and Co-Founder of LitLingo. “Things that have traditionally been nonchalant communications have all moved to […]

Austin’s Newest Public Company, BigCommerce sees its Shares Soar on the First Day of Trading

BigCommerce is Austin’s latest startup to go public. BigCommerce Holdings’ shares were priced Tuesday night at $24 a share. It went public on the Nasdaq stock exchange opening at $68 a share on Wednesday morning and nearly tripled in price on its first day. Within three minutes of trading, the stock was halted for volatility, […]

Austin-based Ceresa Lands $1 Million for its Data-Driven Leadership Development Platform

By LAURA LOREK, Publisher of Silicon Hills News Ceresa, a leadership development platform, announced Wednesday that it has raised $1 million in seed funding. Austin-based Next Coast Ventures and LiveOak Venture Partners led the round. Ceresa plans to use the funds to expand product development. It has created a data-driven, personalized program called the Ceresa […]

Silicon Valley VC Firm Breyer Capital Opens an Austin Office

Breyer Capital has announced plans to open a new office in Austin. The Silicon Valley-based venture capital and private equity firm, founded in 2006, is already an investor in Austin-based OJO Labs and Swivel. “I personally will be spending significant time in the city, investing in new opportunities and working alongside longtime friends and colleagues,” […]

Tesla Announces Plans to Build its Next $1.1 Billion Gigafactory in Austin

Tesla has picked Austin for its $1.1 billion Gigafactory that will make Cybertrucks, Semi, Model 3, and Model Y electric vehicles. Elon Musk, Founder and CEO of Tesla, made the announcement Wednesday during Tesla’s second-quarter earnings call with analysts. “We’re going to make it a factory that’s going to be stunning. It’s right on the […]