August 19th, 2008
Austin-based SailPoint Technologies is announcing that they have raised an additional $6.5M in a Series C financing from existing investors Austin Ventures, Lightspeed Venture Partners, Origin Partners, and Silverton Partners.
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August 19th, 2008
Austin-based Innography raises $6.5M from Austin Venture and Hunt Ventures.
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August 8th, 2008
SmarteSoft raised $2M from Daylight Partners and the Central Texas Angel Network, according to recent news reports. Smartesoft’s test automation technologies enable non-technical users to completely develop test suites from scratch. The functional and performance test products are designed for extreme speed of implementation, and do not require any programming or scripting skills. Customers range [...]
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August 7th, 2008
Austin-based Hyper9 (formerly InovaWave) announced additional funds in their $7.2M Series B round from Maples Investments. Mike Maples Jr. is a former Austinite, and was previously an executive with Motive and Tivoli. His first fund at Maples Investments was staked with around $15M from Austin Ventures, and that fund is invested in startups such as [...]
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July 29th, 2008
Austin-based gaming company Heatwave Interactive announced that they’ve raised $7.5M from Syncom Venture Partners. Syncom is taking a unique approach to creating a studio that will develop video game IP that can be used across other forms of media. The company is comprised of gaming industry veterans that have been responsible for titles such as [...]
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July 23rd, 2008
You can add ActaCell to the growing list (2 so far!) of highly secretive battery technology companies in Austin. The company announced a $5.8M Series A financing today.
ActaCell is creating some sort of new technology in the Lithium-Ion battery market, and has been in the Austin Technology Incubator (ATI) for several months now. It appears [...]
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July 21st, 2008
Phurnace Software announced that it has completed its $5 million Series A financing, led by S3 Ventures, a Texas-based venture capital firm. Previous investors, including DFJ Mercury, also participated in the financing. The capital will be used by Phurnace to expand sales, marketing and development activities for its patent-pending deployment automation products.
We first saw Phurnace [...]
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July 16th, 2008
Nuventix, creators of the SynJet™ technology cooling solution, announced today the completion of a $14 million round of funding led by Advanced Technology Ventures (ATV). New investor Braemar Energy Ventures and existing investors CenterPoint Ventures, InterWest Partners and RHO Ventures also participated in the round of financing. The new funding will support rapid market adoption the [...]
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July 10th, 2008
Challenge Games, developer of the popular Duels online fantasy game and member of the Austin Emerging 100, today announced it has secured $4.5 million in Series A funding from Sequoia Capital, which has a long history of investing in market-leading gaming companies – including being the original investor in Atari, Electronic Arts and nVIDIA. Challenge [...]
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June 23rd, 2008
MPOWER Ventures, a socially committed venture fund dedicated to investing in solutions that empower the underserved worldwide, today announced its investment in Sapphire Mobile Systems of Philadelphia, PA, a pioneer of mobile banking and payments solutions accessible from any mobile handset via Short Message Service (SMS). Under the terms of the investment, MPOWER Ventures has [...]
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