Tag: Appconomy

AngelHack on Mobile Apps Takes Place Next Weekend at Capital Factory

images-2AngelHack takes place next weekend at Capital Factory starting at 9 a.m. on Saturday.
This is the second time AngelHack has held a hackathon in Austin. The first one took place last June at Mass Relevance’s headquarters.
This hackathon is focused on mobile apps. AppHack takes place in 30 cities worldwide and focuses on building mobile apps and teaching developers Android and iOS development.
The event also features workshops. Jeff Linwood is teaching an Android development workshop, Ryan Pitylak is teaching mobile customer acquisition and there’s also a cloud app platform workshop.
Steve Guengerich, co-founder with Appconomy, Josh Kerr, co-founder and CEO of Written.io and Pitylak, CEO of Unique Influence, are the judges and mentors.
Moo.com, Lob, PayPal Develop, 99Designs and Capital Factory sponsor AngelHack.
Joshua Baer and Nicholle Jaramillo with Capital Factory are organizing the event.
The winner of the competition gets a chance to go to Angelhack’s HACKccelerator program and a trip to San Francisco.
Use the promo code, “SiliconH100” to get FREE tickets to AngelHack Austin.

Full disclosure: Silicon Hills News is a media sponsor of AngelHack.

Austin Chamber’s New A-List of Startups to Watch

Stacy Zoern, CEO of Community Cars, Inc., runs a car manufacturing business out of Pflugerville.
But that’s not the most remarkable part. Zoern, who uses a wheelchair to get around, wanted to find a car that would provide independence to wheelchair users.
Online, she found the Kenguru, an electric smart car. Only problem was the company ran out of money and shut down operations. So she raised $1.4 million and partnered with the company and they moved the defunct car operations from Hungary to Texas and began manufacturing the bright yellow smart cars in 2010.
That innovative and entrepreneurial spirit earned Zoern’s Community Cars Inc. a spot on the Greater Austin Chamber of Commerce’s A-List, which recognized this week 28 innovative technology startups.
Zoern’s is the only car company to make the list.
The list is meant to shine a spotlight on some of the region’s most innovative technology startups that are seeking funding. To compile the list, the chamber’s tech partnership sought input from investors.
“Austin is rich with innovative startups that are primed for growth and simply need exposure and, most importantly, capital, to transform potential into reality,” Susan Davenport, senior vice president of Global Technology Strategies for the Austin Chamber, said in a news release.
Silicon Hills News has done profiles of several companies on the list including InfoChimps, BlackLocus, Calxeda, MapMyFitness, MassRelevance and Gazzang.

This slideshare contains screen grabs of the homepages of the 28 companies that made the Austin Chamber’s list for 2012.

Appconomy lands $10 million in financing

Steve Papermaster (left) and Dr. Jiren Liu (right)

The venture capital continues to flow into Austin.
This time, Appconomy has landed $10 million in a first round venture debt funding deal designed to accelerate its operations in China.
Appconomy has created a merchant payment system called AppWallet and offers an app for smartphones, tablets and feature phones. The company has a Chinese corporate headquarters in Shanghai and a development center in Chengdu, Sichuan province. Its U.S. headquarters is in Austin.
Qiming Venture, based in Shanghai, led the round and its managing director Gary Rieschel will take a seat on the company’s board of directors. Neusoft Corp. also took a stake along with existing investors Western Technology Investment and True Ventures.
“With these two, new cornerstone commitments from Qiming and Neusoft, Appconomy will move rapidly to bring our unique AppWallet marketplace for global brands and local merchants to China,” Steve Papermaster, Chairman and co-CEO of Appconomy, said in a statement.

© 2024 SiliconHills

Theme by Anders NorenUp ↑