AustinStartup

Austin-based tablet computing manufacturer Motion Computing closed a $6M round of funding from New Enterprise Associates, Institutional Venture Partners, G-51, and other undisclosed investors. The company will use the funds to expand into the healthcare market, and continue overseas growth.
The company has trimmed down recently, according to public reports. Definitely a necessary move to win [...]

Today’s guest blogger is Thom Singer, the director of business development for vcfo. He is also the author of several books on the power of business relationships and networking. Read his blog here.
2008 is coming to an abrupt close. This year in business will not soon be forgotten (although many will try). [...]

Social Agency Inc., providers of configurable applications that enable clients to easily extend their brand reach and customer loyalty by building upon existing social networking audiences, today announced its membership with The Austin Technology Incubator, a program of the IC2 Institute and The University of Texas at Austin that accelerates early-stage technology companies.
Founded in March [...]

Intersil Corporation, a world leader in the design and manufacture of high-performance analog semiconductors, today announced that it has signed a definitive agreement to acquire Zilker Labs, Inc., a privately held, fabless semiconductor company with technology leadership in high efficiency digital power integrated circuits.
Zilker Labs’ patented Digital-DC(TM) technology is an innovative mixed-signal power conversion and [...]

ProspX, a developer of collaboration and automation applications for the commercial insurance industry, today announced that it has secured $6.5 million in Series A funding. The funding round was led by Adams Capital Management and will be used by ProspX to expand development and marketing of its unique multi-party collaboration systems specifically designed to streamline [...]

Motion Computing, a leader in mobile computing and wireless communications, announced today that it has partnered with Goodwill Industries and TechTurn, an industry leader in technology resale, refurbishing and secure data retirement for the Motion Tablet PC recycling and donation program. The program allows for the free return of all Motion-branded products for donation [...]

Website Eventful came out with their 2008 list of the most Eventful cities (defined by the number of events per capita). Austin was previously ranked #17 but dropped to #19 this year. Houston (#13) and Dallas (#7) were both ahead of us for the second year in a row. The top three cities in order [...]

A few months back, I received a call from Blair Garrou of DJF Mercury in Houston with an idea. The Rice Alliance venture forum was coming up, and he thought it would be a great idea to put together a panel of the Texas Tech Bloggers.  It was really great to be a part of [...]

BioStable Science & Engineering, a medical device company developing innovative cardiovascular implants, today announced its first round of venture capital funding. The $5.5 million in Series A equity financing was provided by Santé Ventures.
BioStable was founded earlier this year by five members of CarboMedics’ senior management team, including former President, Charles Griffin, former VP Research [...]

SensorTran, the developer of the world’s most advanced distributed temperature sensing (DTS) technologies, today announced a $3.5 million round of venture capital financing, which will be used for working capital and to accelerate the growth of SensorTran’s Smart Grid and wellbore monitoring businesses. Participants in the round included Advantage Capital Partners, Expansion Capital Partners, WHEB [...]