Gradient Works Raises $2 Million in Funding

Gradient Works, a sales tech startup based in Austin, announced this week it has raised $2 million in seed-stage funding. The company is founded by Hayes Davis and Jenn Deering Davis, previously founders of Union Metrics, a social media analytics company that merged with Austin-based TrendKite in 2018. TrendKite was then acquired for $225 million […]

Austin’s UpEquity Closes on $50 Million in Funding

Austin-based UpEquity, a tech-enabled mortgage company, announced it has closed on $50 million in funding. S3 Ventures led the Series B funding which included $20 million in equity and $30 million in debt. Other investors included Next Coast Ventures, BP Capital Management, Alumni Ventures, Gaingels, Launchpad Capital and Early Light Ventures. To date, UpEquity has […]

CDW Buys San Antonio-based Sirius Computer Solutions for $2.5 Billion

CDW Corp. has entered into an agreement to buy San Antonio-based Sirius Computer Solutions for $2.5 billion in cash. Harvey Najim left a career at IBM to found Sirius Computer Solutions in 1980, originally named Star Data Systems. In 2011, Najim stepped down from Sirius and Joe Mertens, a longtime executive, became Chief Executive Officer. […]

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 […]