January 30th, 2008
SemiSouth Laboratories, a Mississippi semiconductor company, has moved its headquarters to Austin. The move follows on the heals of the appointment of Vess Johnson as President. Johnson, who was previously President of Nascentric, Inc., an Austin Ventures backed company, will now be leading a company that develops silicon carbide electronics and power semiconductors. [...]
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January 30th, 2008
Today’s Q&A Wednesday is with Alan Ren, Founder of uCareer.net, a career website that streamlines the recruitment process both for the employer and the candidate by providing a trusted third party to collect and verify information about the candidate.
Why job search, is there room for something new?
Why not job search? The US online job search [...]
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January 19th, 2008
Thoof, the personalized news site founded by Revver founder Ian Clarke and backed by AV, and which we covered here in a Q&A Wednesday , is rumored to be for sale, according to Stacey Higginbotham over at GigaOm in a piece published on Thursday. Stacey did some investigative reporting, and has found that Alan Ren, [...]
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January 19th, 2008
On Friday afternoon, PricewaterhouseCoopers, the National Venture Capital Association and Thomson Financial released data showing that venture funding across the US was up, with 963 companies raising over $7 billion in the fourth quarter. Most interestingly, out of the top 10 deals in 2007, only 3 were in California (local company Heliovolt raised either [...]
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January 16th, 2008
NetStreams Inc., an Austin-based company focused on distributing high definition video and audio over standard IP networks, has raised $18 million from Austin Ventures in a Series B financing. Austin Ventures also funded the Series A found.
The Company claims that its DigiLinX™ IP Audio, Video and Control system is the first distributed A/V system [...]
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January 13th, 2008
ReachForce, Inc., an Austin Texas-based company which provides services to help target potential buyers with an organization based upon their role in the organization, not just their title, has raised $5 million in Series B funding. The Company, which we have covered before as company to watch, has experienced fantastic growth over the past year. [...]
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January 7th, 2008
Nuventix is the latest Austin company to announce that it has raised additional venture funding, having closed on a $8.5 million round. The company, formerly known as Innovative Fluidics, focuses on producing cooling devices that efficiently and effectively dissipate heat from any surface. Recently the company launched its SynJet technology, which allows twice the light [...]
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January 4th, 2008
ArthoCare Corp., an Austin-based publicly traded company, announced today that it had completed the acquisition of DiscoCare Inc., a third-party billing and reimbursement services provider, on Dec. 31 for $25 million in cash plus potential future milestone payments. ArthoCare is a recently transplanted company to Austin that focuses on providing medical devices. Like [...]
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