Rocket Maker Firefly Aerospace Lands $75 Million in Funding and Becomes Austin’s Latest Unicorn

Rocket maker Firefly Aerospace has landed $75 million in venture capital funding, giving it a $1 billion valuation, making it Austin’s latest Unicorn. The company’s Series A funding round was led by DADA Holdings, with participation by Astera Institute, Canon Ball LLC, Reuben Brothers Limited, SMS Capital Investment LLC, Raven One Ventures, The XBTO Ventures, […]

Ingrid Vanderveldt is on a Mission to Empower One Billion Women and She’s Also Expanding her Enterprises in Austin

Empowering a billion women is Ingrid Vanderveldt’s mission. She created EBW to reach one billion women across the globe and help them start and scale ventures. EBW does that by developing women entrepreneurs through mentorship, education, and community. “That is the WHY we exist,” Vanderveldt said during a recent interview for the Ideas to Invoices […]

Virdee Lands $4 Million for Contactless Digital Solutions

During a pandemic, the movement to contactless interaction with customers and safety is of paramount importance. Virdee, an Austin-based startup, created a solution for businesses to provide digital check-in and virtual concierge services for customers in the hospitality and commercial real estate industries. It’s a timely product for hotels, apartments, condos, residential halls, and offices. […]

Austin-based Living Security Pivots and Finds Success Online

Before the COVID- 19 Pandemic, Living Security received 50 percent of its revenue from in-person cybersecurity training events. But those events came to an abrupt halt. Yet, within six weeks, Ashley Rose, co-founder and CEO, and her team pivoted the company to online training and created Teams: CyperEscape Online to replace its Escape Room product, […]

SHN’s Tech Talk Tuesday on Clubhouse to Feature Morgan Flager, Partner with Silverton

Every Tuesday at 2 p.m. Silicon Hills News hosts a tech talk featuring a local speaker. This Tuesday, April 20th at 2 p.m., Morgan Flager, general partner of Silverton Partners, will join the Silicon Hills Tech Talk Club to discuss startups and venture capital funding in Austin. A few years ago, Silicon Hills News did […]

The Zebra Becomes a Unicorn and Raises $150 Million

The Zebra, an insurance comparison site, announced it has raised $150 million, giving the company a valuation of more than $1 billion. The Zebra, founded in 2012, has raised $251.3 million to date including $38.5 million last February. The Series D round came from new and former investors including Weatherford Capital and Accel, according to […]

Austin-based Intrigue Lands $2 Million in Venture Funding to Protect Companies from Cybercriminals

Phishing, malware, and ransomware are increasingly becoming problematic for businesses as more employees work from remote locations and open them up to attack. Cybercriminals can disrupt a business costing it time and money and putting its customers’ data and privacy at risk. Intrigue, an Austin-based cybersecurity startup, is focused on protecting companies from attacks. On […]

KdT Ventures Raises $50 Million Fund to Invest in Early-Stage Science Companies

Austin-based KdT Ventures announced a new $50 million fund to back early-stage science companies. This is the company’s second fund. In 2017, KdT closed on a $15 million inaugural fund. The firm made 18 investments with that fund in early-stage science companies including PathAI, 54Gene, Checkerspot, Dyno Therapeutics, Terray, and Solugen. KdT Ventures’ Fund II […]

Wisconsin Cheese’s Virtual Event With Nick Offerman is a hit at SXSW

By Laura Kobylecky, Special Contributor to Silicon Hills News This year, like many conferences, South by Southwest transformed into an online experience and became SXSW Online 2021. As a result, brands were unable to do their usual level of in-person experiential market events. However, Wisconsin Cheese made an effort to bring some of their usual […]

The End of an Era: Bob Metcalfe set to Retire from The University of Texas at Austin

Bob Metcalfe wanted to make Austin and Texas into a better Silicon Valley. “My work here is done,” Metcalfe said. In the last decade, Metcalfe has made it his mission to ignite the startup and technology community in Austin and across Texas in what he often jokes are Austin’s suburbs of San Antonio, Houston, and […]