Tag: Austin (Page 3 of 37)

Innovation is Key to the Future of Austin’s Healthcare Industry

By LAURA LOREK
Reporter with Silicon Hills News

Panelists Nancy Harvey, entrepreneur in residence at the University of Chicago School of Medicine, Lanham Napier, former CEO at Rackspace and now a partner at BuildGroup, a growth stage VC firm, Mike Millard, executive director of innovation and commercialization at Seton Healthcare Family and Bob Metcalfe, inventor of Ethernet, co-founder at 3Com, partner emeritus at Polaris Partners and now professor of innovation at the University of Texas at Austin.

Panelists Nancy Harvey, entrepreneur in residence at the University of Chicago School of Medicine, Lanham Napier, former CEO at Rackspace and now a partner at BuildGroup, a growth stage VC firm, Mike Millard, executive director of innovation and commercialization at Seton Healthcare Family and Bob Metcalfe, inventor of Ethernet, co-founder at 3Com, partner emeritus at Polaris Partners and now professor of innovation at the University of Texas at Austin.

Austin’s healthcare landscape is poised to change dramatically with the new Dell Seton Medical Center at the University of Texas, said Josh Jones-Dilworth.

Dilworth is a member of The Fifty, a group of Austin residents who have committed to raise $50 million to help finance the new hospital. It is scheduled to open in 2017 and will be across Red River Street from the new Dell Medical School at UT.

The Fifty hosted a panel on “The Future of Care” focused on the venture capital industry, innovation and startups Tuesday afternoon at Athenahealth offices at the Seaholm Power Plant.

“This new ecosystem, if we do it right, is going to throw off a lot of new, interesting, world changing companies,” Dilworth said. “It will create a lot of jobs. It will make Austin a better place to live and do business.”

The new Dell Seton Medical Center at UT, courtesy photo

The new Dell Seton Medical Center at UT, courtesy photo

Seton, part of Ascension, the nation’s largest Catholic and nonprofit hospital system, is investing $245 million to build the Dell Seton Medical Center. The Fifty has pledged to raise another $25 million from the community to match a $25 million donation by the Michael and Susan Dell Foundation.

The goal is to keep healthcare accessible to everyone in Austin no matter what his or her walk of life, Dilworth said.

At the event, Nancy Harvey, entrepreneur in residence at the University of Chicago School of Medicine, served as moderator. The panelists included Mike Millard, executive director of innovation and commercialization at Seton Healthcare Family, Lanham Napier, former CEO at Rackspace and now a partner at BuildGroup, a growth-stage VC fund and Bob Metcalfe, inventor of Ethernet, co-founder at 3Com, partner emeritus at Polaris Partners and now professor of innovation at the University of Texas at Austin.

To start off, Harvey asked the panelists to mention one thing they would like to have in Austin healthcare today.

“I think I would just want one bill,” Millard said. “That’s where my bar is now, just one bill, not 30 pieces of paper every time when you go to the doctor.”

Napier said he wanted to see the doctor within one day of calling for an appointment.

“I would like to find a doctor who thinks his time is less valuable than mine,” Metcalfe said.

The panelists also want the healthcare industry to focus on big problems like prevention and to find cures for cancer, obesity, and diabetes and to focus treatments on personalized medicine tailored to a person’s genome.

“I would like to challenge the Dell Medical School to lower the BMI of the population of Travis County by 10 points to 20 points and that would do a world of good,” Metcalfe said.

The healthcare industry should also make sure it is building innovation into the new system, Metcalfe said.

To encourage innovation, Napier recommended that the artificial intelligence group at UT link to the medical school to use cognitive technologies around diagnostics.

“So much of medicine is diagnostic,” Napier said.

The healthcare industry is slow to change, decision-making is difficult and the major players have a lack of competitive understanding, Millard said.

“So even when you bring in innovation, they are incentivized to do exactly what they have been doing,” he said. “They are not incentivized to compete.”

The progress of science is slow in healthcare and it’s often entangled in bureaucracy, Metcalfe said. But he is optimistic.

“It appears to me that healthcare is about to go through the same transition that information technology went through in the early ’80s,” Metcalfe said.

Medical devices and drugs take a long time to develop because they go through an arduous trial and error process. But that is becoming easier through engineering, Metcalfe said.

“Science is becoming less trial and error and more engineering and I think that is going to compress the development times considerably,” he said.

Another solution to better healthcare is to have more corporations partner with the healthcare system to understand the customer better and how to get things done, Millard said.

“A lot of healthcare systems don’t know their customer,” he said.

The panelists talked about the need for cultural change within the healthcare system. For example, instead of spending millions of dollars to create a really nice waiting room, the hospital should be tackling the problem of why it has waiting rooms at all, Millard said.

“You cannot change culture,” Metcalfe said.

“You have to create a separate thing. Leave the old thing over there and eventually they will all die,” Metcalfe said. “And over here is the new thing. This is what happened in the Internet.”

In the ’80s, IBM and AT&T dominated the world with their monopolies. Metcalfe said he had to wait for IBM customers to die because they would not switch over and buy his products as CEO of 3Com.

“I tend to agree,” Millard said. “I often ask people should we just start over. I don’t think you can take these behemoth institutions and make them nimble.”

The other thing that needs to change to encourage innovation in the healthcare industry is to eliminate government regulation, Metcalfe said.

“The Internet developed in a space with a lack of regulations and fierce competition,” he said.

Quantcast Opens Austin Office and is Hiring

Quantcast-LogoQuantcast, a digital advertising and audience measurement firm, is opening an Austin office and is holding a recruiting event at Capital Factory on Wednesday.

The San Francisco-based company’s new office will be located at Capital Factory in downtown Austin. It is hiring sales, client services and media professionals.

“Austin has one of the highest start-ups per capita in the United States right now,” Stephen Collins, Quantcast’s chief financial officer, said in a news statement. “It’s fast growing, eclectic and attracts a lot of talented tech professionals. We believe our Austin presence will add to the local tech community and be accretive to our global company culture.”

Quantcast foresees big growth for its business and industry. Real time bidding digital display advertising is projected to increase from an estimated $14 billion in 2015 to $20 billion in 2016, according to eMarketer.

“This is just the beginning of a very exciting time for Quantcast corporate sales and services,” Megan Edwards, global head of client services, said in a statement. “We look forward to a strong 2015 and an even stronger 2016 with our joint offices and teams.”

Quantcast, founded in 2007, has raised $65.3 million in four funding rounds, according to its CrunchBase profile.

TechSpace Plans New Coworking Site in Downtown Austin

TechSpace courtesy photo

TechSpace courtesy photo

New York-based TechSpace Holding Co. announced Monday that it plans to expand into Austin by opening a new TechSpace business center.

The coworking center will be located at 98 San Jacinto Blvd. in Austin’s central business district. TechSpace plans to occupy the entire ground floor and the entire 4th floor of the San Jacinto Center.

Altogether, TechSpace will have 28,000 square feet of space featuring 24 private office suites and 250 workstations and an events space. The center is scheduled to open in January.

TechSpace already operates seven other coworking centers in New York City, Los Angeles, Orange County and San Francisco.

Parkway Properties, a real estate company that owns and operates office properties in high growth regions, is partnering with TechSpace on the project.

TechSpace joins a thriving coworking industry, which has sprung up in downtown Austin, including Capital Factory and WeWork.

Almalence Receives Investment from Intel Capital

imgres-1Almalence, a computational imaging startup, announced Monday it has received an investment from Intel Capital.

The amount of investment and terms of the deal were not disclosed.

The Austin-based startup, founded in 2005, plans to use the funds to develop the next version of its mobile imaging technology to enable mobile cameras to achieve the image quality level of DSLR cameras.

The two companies have also entered into a strategic collaboration, which will allow Intel to license Almalence’s technology for its own products.

“Almalence develops computational photography technologies that significantly improve the image quality of photos and videos in mobile devices,” according to a news release. “The algorithm software can be implemented on either the device’s processor, or ported directly to the image processor for best performance. It is licensed directly to OEM customers.”

Dimitry Shmunk and Eugene Panich, Russian engineers, founded the company. Almalence’s research and development team is based in Novosibirsk, Russia.

goTransverse Lands Major Customer and Plans Expansion

James Messer, CEO and founder of goTransverse

James Messer, CEO and founder of goTransverse

goTransverse, a cloud-based billing company, just landed a major deal with STARZ Play Arabia, an international cable provider.

The Austin-based company is providing STARZ Play with a billing system that allows the media company to provide service to up to 385 million media consumers in 17 countries across the Middle East and North Africa.

goTransverse creates billing software, called TRACT, that lets companies charge based on subscription and usage. Its system also can handle billing for different countries with ease, said James Messer, the company’s founder and CEO. The cloud-based billing and revenue automation platform allows STARZ Play to sell direct to consumers through partners, such as international wireless telecom carriers, as well as explore new revenue models based on customer usage.

The Middle East has large numbers of mobile phone users, which makes the region a good fit for an up and coming method of watching and paying for TV, Messer said.

“We manage the whole back end,” Messer said. In the past, it used to be remarkably difficult to build this on the backend, he said. But now goTransverse’s system is programmed to handle revenue recognition and compliance issues for different countries around the world.

goTransverse works with a wide range of international and local companies to help them maximize their revenue streams based on usage and consumption, Messer said. They can provide tiered billing plans similar to telecommunications companies, he said.

“People want to only pay for what they consume,” Messer said.

GoTransverse moved to Austin from New York in April of 2008. The company has 75 employees and is based in the Sampson Building at 620 Congress. It is hiring a lot of sales staff and plans to double in size in the next year, Messer said.

Last fall, goTransverse received a $25 million investment from German private equity firm Siedentopf KG, bringing its total investment to date to $47 million. The company used the funds to further develop its TRACT platform.

Google’s Prototype Self-Driving Cars Coming to Austin for Testing

By LAURA LOREK
Reporter with Silicon Hills News

Troy Livingston, CEO, The Thinkery, Chris Urmson, Director, Google Self-Driving Car Project, Austin Mayor Steve Adler and City Councilwoman Ann Kitchen in front of the Google autonomous car prototype

Troy Livingston, CEO, The Thinkery, Chris Urmson, Director, Google Self-Driving Car Project, Austin Mayor Steve Adler and City Councilwoman Ann Kitchen in front of the Google autonomous car prototype

Google is bringing its autonomous vehicle prototype to Austin for testing.

The compact two door, two-seater white cars, which Google has created in partnership with Roush Industries in Detroit, will be hitting the roads of Austin in the next week or so.

The cute little electric cars kind of resemble a miniature Volkswagen beetle combined with the futuristic styling of a George Jetson Aerocar. The prototype cars don’t have a steering wheel, brake pedal or an accelerator because Google says the cars don’t need them. But that equipment will be onboard during testing for the ride-along drivers to take over, if needed. The cars rely on Google’s sensors and software and GPS to navigate the roads.

Austin is the first city outside of Google’s hometown of Mountain View where it is testing its self-driving car technology. For the past two months, Google has been testing its self-driving Lexus RX450h SUVs in Austin. But those cars have been adapted to handle Google’s equipment. The prototype cars are specially designed and built by Google partners as autonomous vehicles.

Google's self-driving car prototype coming to the streets of Austin

Google’s self-driving car prototype coming to the streets of Austin

On Saturday, Mayor Steve Adler joined Chris Urmson, director of Google Self-Driving Car Project, Jennifer Haroon, the project’s head of business operations and Troy Livingston, CEO of The Thinkery, at a press conference at the Thinkery to introduce Google’s prototype cars to Austin. Google had one on display inside the Thinkery Children’s Museum.

Austin is a hotbed of activity for innovators and entrepreneurs, Adler said. And thousands of people are moving to Austin for the amazing quality of life from music to food to Barton Springs and the outdoors to institutions like the Thinkery that make Austin a wonderful place, he said.

“And we have the traffic to prove it,” Adler said.

Last week, Texas A&M Transportation Institute reported Austin residents waste 52 hours a year stuck in traffic, making it the 12th worst city in the nation for traffic.

IMG_6476The city has already surpassed last year’s number of traffic fatalities and Austin has seen an increase in pedestrian deaths, Adler said.

“Fortunately we might have a long term solution to these problems already right here,” Adler said. “I’m so proud Google has chosen Austin as the first city outside of its hometown for testing of its self driving car. This technology holds enormous promise. And Austin is the ideal community for testing.”

Innovation is part of the DNA of Austin, Adler said. That’s why the city is a perfect place for testing Google’s autonomous vehicle technology, he said.

A few of the prototype vehicles will arrive next week and they will be driven with test drivers aboard on the roads in a small area north and northeast of downtown, according to Google.

Google’s prototype car is designed to take anyone, anywhere with just a push of a button and few spoken instructions.

Austin Mayor Steve Adler announcing Google will be bringing its self-driving prototype cars to Austin.

Austin Mayor Steve Adler announcing Google will be bringing its self-driving prototype cars to Austin.

“These are pretty cute little cars,” Adler said. “And they represent the transformation in transportation.”

Google designed its prototype from the ground up to operate safely and autonomously, Adler said.

The goal is to cut down on accidents primarily caused by human error, reduce the amount of time wasted in traffic each day and provide transportation to blind, disabled and other people who can longer drive like some senior citizens. Autonomous cars can reshape the future of the city, Adler said.

“The potential benefits to Austin and society are enormous,” Adler said.

The problem Google is trying to tackle is huge. In the U.S., 33,000 people die on the road every year. That’s the equivalent of one 737 plane crashing every day, said Urmson, director of the Google Self-Driving Car Project. Google’s self-driving cars are the answer to eliminating most of those tragic accidents, Urmson said.

Google’s sensors onboard the self-driving cars remove blind spots and they can detect objects out a distance of more than two football fields in all directions, Urmson said. That’s particularly helpful at busy intersections, he said. Google’s prototype cars can only go up to 25 miles per hour and have all kinds of built-in safety features, he said.

“The vehicle itself is designed to be safe,” Urmson said. “It is designed with new materials.”

For example, the front end is made of foam and the windshield is soft and flexible to mitigate any accidents that may happen, Urmson said.

Chris Urmson, Director, Google Self-Driving Car Project, talks about the benefits of Google's self-driving cars.

Chris Urmson, Director, Google Self-Driving Car Project, talks about the benefits of Google’s self-driving cars.

So far, Google’s fleet of self-driving cars have logged more than one million miles on the roads. Every week, the fleet of self driving cars logs about 10,000 miles. Google began working on this project six years ago, Urmson said. It has been driving its fleet of Prius and Lexus cars on the highway for a year and a half, he said.

Google’s cars are also programmed to pick up on subtle clues and unexpected situations they may encounter on the roads from other vehicles, bikes and pedestrians, Urmson said.

One of the more unusual situations took place on a residential street in California when one of Google’s self-driving cars encountered a woman in a wheelchair chasing a duck around in the middle of the street with a broom, Urmson said. The car simply stopped and waited for the street to clear before proceeding on its way, he said.

One Google self-driving car encounter with a bicyclist in Austin befuddled the car, according to a Washington Post story. The bicyclist, riding a fixed gear bike, performed a move known as a track-stand at an intersection in which he balanced on the bike by swaying back and forth. Apparently, the Google autonomous vehicle didn’t know what to do in that situation and kept starting and stopping.

For two months, Google’s Lexus self-driving cars have been travelling around Austin with great success, said Haroon, head of business operations of Google’s Self Driving Car Project. Austin has six self-driving cars so far and three of the prototype vehicles on the way in the next few weeks.

“One of the questions I get asked a lot is how does the vehicle deal with deer,” Haroon said. “Yes, it can handle deer, even at night.”

Jennifer Haroon, Head of Business Operations, Google Self-Driving Car Project, says the cars have performed well in Austin for the past two months.

Jennifer Haroon, Head of Business Operations, Google Self-Driving Car Project, says the cars have performed well in Austin for the past two months.

Austin is known as an innovative city and that’s why Google chose to test its cars here, Haroon said. It’s also known as a “vocal” city and she wants Austin citizens to provide Google with feedback on how the cars are operating on the road, she said. Every car has an Internet address, known as a URL, on the back and Google provides information online about the project for citizens, Haroon said.

Besides the deer, the Google cars have had to adjust for horizontal traffic lights, Haroon said. But they are performing well in Austin, she said.

Within four years, Google hopes to have the autonomous vehicles commercially available and citizens throughout the U.S. regularly riding in them, Urmson said. Google is not going to sacrifice safety to get there, but that’s its goal, he said. Urmson has two sons and one is about to turn 12. He told him that when he turns 16 he will not need to get a driver’s license. He will simply ride in a self-driving car.

Urban Co-Lab to Launch “Urban Innovators” Coworking Site in East Austin

Natalie Cofield, founder and CEO of Urban Co-Lab, courtesy photo

Natalie Cofield, founder and CEO of Urban Co-Lab, courtesy photo

In a former brothel and gas station in Austin’s East 12th Street Business District, Urban Co-Lab plans to create a center for entrepreneurial activity and innovation.

The coworking site is the brainchild of Natalie Cofield, president and CEO of the Greater Austin Black Chamber, founder of Walker’s Legacy and now CEO of the Urban Co-Lab.

Hanna Jamal, co-founder of Urban Co-Lab

Hanna Jamal, co-founder of Urban Co-Lab

Cofield and co-founder Hanna Jamal want to make Urban Co-Lab into the business centerpiece of a historic, yet once crime-ridden neighborhood. They want the business to serve as a catalyst for revitalizing the neighborhood, which once served as home to the center of the city’s African American and Hispanic communities and many businesses and entrepreneurs. The neighborhood fell into hard times during the economic downturn in the ‘80s.

Mission Possible Ministries bought the building and ran a coffee shop on the site for the homeless. Urban Co-Lab is renting the building from the church.

Urban Co-Lab isn’t a typical coworking site. It is also an incubator for “Urban Innovators” to help create companies focused on finding scalable solutions to education, housing and transportation problems that plague most big cities. They want to tackle big problems. It’s all about including the community in the process, Cofield said.

“We’re creating space for urban innovators and we’re one of them too,” she said.

Urban Co-Lab has already developed a partnership with Huston-Tillotson University to provide college internships for honors students to work with startup founders based at the coworking space, Cofield said.

IMG_2992The coworking space doesn’t officially launch until Sept. 9th, but next Tuesday from 2 p.m. until 4 p.m., Urban Co-Lab is having a soft launch with a pre-sales tour and meetup. The coworking site rents dedicated desks for individuals and teams.

The Urban Co-Lab also has dedicated space for up to four food truck businesses. It already has one space filled by the 12th Street Bakery.

“I think the big niche for us is we’re in an up and coming area for Austin,” Cofield said.

Urban Co-Lab is also running an IndieGoGo campaign to raise funds for its urban revitalization project. It has raised $3,360 of its $20,000 goal with 12 days left to go in its campaign. And it is hiring a community manager for the site.

“We’re excited about this and looking forward to building a great community,” Cofield said. “We’re seeking partners and sponsors to continue building out our effort.”

Everfest Wants to Help You Discover the World’s Best Festivals

By LAURA LOREK
Reporter with Silicon Hills News

imgres-1As summer kicks off so does festival season including the Keep Austin Weird Festival, Austin Chamber Music Festival and Bat Fest.

But hundreds of festivals also take place all over the world and often it’s difficult to find out what’s going on where and when.

The solution is Everfest, an Austin-based startup that seeks to be the marketplace for discovering festivals worldwide. But it’s not just listing music festivals. The categories include arts, book, civic, culture, faith, film, food, historical, performance and seasonal. And it even has a category for “unique” for gatherings such as the Austin International Drag Festival and Zilker Kite Fest.

“We want to be inclusive. We want to promote all the great festivals. We’re agnostic to scope and geography,” said Jay Manickam, co-founder. In fact, Everfest has seen festivals of all sizes claiming their pages and actively managing them, he said. It has festivals listed on every continent.

Everfest recently closed on $1.5 million in an angel round funding from investors including Bob Kagle of Benchmark, ATX Seed Ventures, uShip Founders and investors from Austin’s tech community.

And the Austin Chamber of Commerce last week named Everfest to its 2015 A-List of the Hottest Startups in the emerging or early stage category.

Manickam, co-founder of uShip and Paul Cross, founder of Ticketbud, founded the company in October of 2014 and officially launched in April. Everfest, with 12 employees, occupies a little cottage off Lake Austin Blvd.

The inspiration for Everfest came from a trip abroad.

“We were looking for a challenge in the consumer space around a passion,” Manickam said. “I’m an avid traveller. I’ve been to quite a few festivals.”

They came up with the idea for Everfest while touring Europe. Manickam and Cross travelled through small towns and big cities in Europe and noticed a plethora of festivals all around them, Manickam said.

As they did research, they discovered attendance at festivals is on the rise worldwide, Manickam said. And it’s not just music festivals that are popular. It’s also book and film festivals, food and wine festivals and more, he said.

The creative class sees festivals as a destination involving adventure, travel and entertainment, Manickam said. And now many young people value experiences over material goods so festivals meet their needs, Manickam said.

“All of us are dying innately to connect around passions we have,” Manickam said. “That’s really part of why you see so many festivals now than you did 15 years ago. People want to engage with each other. And the more we can make connections happen that wouldn’t otherwise happen the more opportunity we have to succeed.”

Everfest also created a mobile app that makes it unnecessary for festivals to create their own app. It also comes with a “find my friends” feature that lets festival attendees see who else is attending the event.

On the Everfest site, a consumer can create a calendar of fun through recommendations based on their taste profile. They can also share their calendar and see where their friends are going. The company plans to create a “User Generated Content” platform for people to post stories, pictures and videos of festivals they’ve attended.

Festivals are hot right now. It’s a worldwide movement. One out of three Americans attended a festival last year, Manickam said. And festivals are even more popular in Europe and South America.

“You’d be amazed at how many festivals there are in just in Austin that you’ve never heard of,” Manickam said.

Everfest makes money through partnerships in travel, accommodations and ticketing. It’s also working on some exclusive experiences too.

To qualify as a festival, an event has to be celebratory and that excludes work conferences. It also has to be inclusive and it cannot be a private club, Manickam said.

“There is a high demand for everything around festivals right now,” Manickam said. “People want to connect physically in an offline community.”

Asana Launches a Big Marketing Campaign in Austin

By LAURA LOREK
Reporter with Silicon Hills News

austin-map-blog“Work about work” is killing productivity in the workplace, said Kenny Van Zant, an executive with Asana.

Too many managers find themselves bogged down with email and meetings about meetings and very little work is actually getting done, he said.

Asana, a web and mobile software application that allows teams to work together without email, is the solution to improve efficiency and productivity in the workplace, Van Zant said.

Dustin Moskovitz, co-founder of Facebook, and Justin Rosenstein, former Facebook engineer, co-founded Asana to create a better way for teams to collaborate. The three year old startup, based in San Francisco, has raised $38.2 million in four rounds, according to Crunchbase. And in the last few years, Asana has gotten a lot of traction in the marketplace, Van Zant said.

“We have hundreds of thousands of teams across the world using Asana,” Van Zant said. “We’re one of the fastest growing enterprise software companies ever.”

Van Zant, former chief product strategist at SolarWinds, recently returned to Austin to meet with Asana customers and others about its upcoming marketing launch locally.

“We look at the markets where we have a ton of growth and diversity and Austin rises to the top,” Van Zant said.

Kenny Van Zant with Asana, courtesy photo.

Kenny Van Zant with Asana, courtesy photo.

And he’s familiar with the Austin market. Before SolarWinds, Van Zant worked as head of strategy and corporate development at Motive, maker of broadband service management software. And he co-founded BroadJump in 1998 and served as its chief operating officer. He’s also from Texas and graduated from the University of Texas at Austin.

“Asana is the kind of product where word of mouth is how it grows,” Van Zant said. “We want to highlight some of our customers and have them help tell the Asana story. We look at markets where we could do that in a concentrated way. Austin is clearly the market.”

Asana also looked at launching in Boston, Chicago, Atlanta, London, Berlin and other cities, but chose Austin as its first city for a big marketing campaign outside of California.

Austin companies using Asana include WP Engine, SpareFoot, RideScout, Spredfast, ihiji and Umbel.
But it’s not just tech companies using Asana, Van Zant said. The City of Austin is also a customer, he said. And restaurateurs like Chi’Lantro Food Trucks and Elm Restaurant Group, which owns Arro, 24 Diner and Easy Tiger, use it and so does Tiff’s Treats, a cookie delivery service.

“Each of these companies speaks to how diverse the story is,” Van Zant said.

On May 13th, Asana is launching its Austin campaign and plans to do some digital advertising with its customers front and center. Asana also plans to take out ads on billboards on West Fifth and other signage downtown.

logoAnd Van Zant will give a talk on accountability at Capital Factory open to the public. Later that day, Asan is hosting a happy hour with tacos and tequila. On May 20th, Asana will provide a free lunch at Chi’Lantro. To find out where the truck will be, Asana asks people to follow its Twitter account. Asana will also host a workshop and provide training to companies interested in using the software. It’s free initially for teams of up to 15 people.

To show how Asana can improve productivity, Van Zant likes to tell the story of Emerald Therapeutics, two biotech researchers from Boston, moved out to the Bay area. They do virus research using robots. They have about 30 people before using Asana and they were spending most of their time managing, Van Zant said. Then they started using Asana and they got back about 75 percent of their time, Van Zant said.

“The same thing is true of your average middle manager inside a company anywhere,” Van Zant said. “You want that person to get back to doing work. Asana becomes the middle manager and handles all of the tedious work about work for you.”

Asana also integrates with all kinds of email systems, Dropbox, Box, Google Docs and other tools.

Editor’s note: Asana is a digital advertiser with Silicon Hills News

Bigcommerce’s First Acquisition is in Austin: Zing

Nate Stewart, Zing's co-founder and CEO

Nate Stewart, Zing’s co-founder and CEO

In its first acquisition, Bigcommerce announced Tuesday its purchase of Zing, an Austin-based startup that provides mobile retail technologies.

The terms of the deal were not disclosed.

Zing’s team of five employees will join Bigcommerce. The company has also acquired Zing’s intellectual property.

Zing moved to Austin three years ago and has raised less than $1 million to build its point of sale technology for retailers to manage their inventory online and in store, said Nate Stewart, its co-founder and CEO. An investor introduced Zing to Bigcommerce a few years ago, Stewart said.

Zing started out as Zing Manage, and then became Zing Checkout and now its just Zing, Stewart said. When Stewart moved from Los Angeles to Austin, he worked out of Capital Factory where he met Zack Angelo, who became the company’s chief technology officer. Zing has been a partner working with Bigcommerce for two and a half years, Stewart said.

“Their vision is so similar to ours,” Stewart said. “It’s exciting.”

Bigcommerce plans to integrate Zing’s payment technology into its software and make it available to its customers. The technology allows retailers to sync online and in-store inventory and allow for in-store pickup. The software also allows retailers to track customer data and purchases online and in store. Bigcommerce has 85,000 retail customers and 30 percent of those have physical stores.

“Nate and the Zing team have done a remarkable job extending the Bigcommerce platform in a way that enables our merchants to do this and more, and I have full confidence in their expertise and IP will further advance and expand our omni-channel strategy,” Eddie Machaalani, co-founder and CEO of Bigcommerce said in a news release.

Bigcommerce, founded in 2009, has received $125 million in funding from SoftBank Capital, American Express, Telstra Ventures, General Catalysts, Revolution Growth and Floodgate. Bigcommerce has offices in San Francisco, Austin and Sydney.

Bigcommerce, which has 250 employees in Austin, is hiring for a variety of positions. Stewart, in particular, is looking for Scala developers.

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