Top News

  • Friday, August 28, 2015

    Affinegy Wins Broadband Provider

    Austin-based Affinegy, which develops software used by connected device and set-top box manufacturers to manage those devices, said this week that it has been selected by broadband provider GVTC. Affinegy said GVTC will use its products to support home Wi-Fi for its 35,000 broadband subscribers. Financial impact of the win was not announced. Affinegy's software platform is being used for installation, automatic provisioning, remote care, and other customer service efforts....Continue →

     
  • Friday, August 28, 2015

    Abila Targets Year-End Giving With New Resource

    Austin-based Abila, the developer of software for the nonprofit and association market, says it has launched a new resource aimed at helping its clients capture year end, charitable donations. The company said its End-of-Year Fundraising Hub offers up links to resources, blog posts, downloadable checklists, webinars, and more specifically to help its clients capture the year-end charitable donation rush....Continue →

     
  • Friday, August 28, 2015

    GameStop Sees Uptick In Q2

    Grapevine, Texas-based videogame retailer GameStop released its quarterly report for its fiscal second quarter on Thursday, saying that results exceeded its expectations. The company reported $1.76 billion in revenues for the quarter, up about 1.8 percent from revenues in the same quarter last year. The company had $33.1M in net income, a 34.6 percent increase from last year....Continue →

     
  • Thursday, August 27, 2015

    TRIPBAM Launches Corporate Travel Rate Software

    Dallas-based hotel shopping service TRIPBAM said this morning that it has launched a new offering, to help corporate travel managers make sure they are getting what they were promised by hotels. According to TRIPBAM, it has launched a new tool which will ensure real-time, rate enforcement for corporate travel managers, making sure their employees get access to the contracted rates for rooms....Continue →

     
  • Thursday, August 27, 2015

    Mirna Therapeutics Files For IPO

    Austin-based Mirna Therapeutics has filed for an IPO, saying this week that it is looking to raise up to $80.5M on the public markets. The company is aiming to trade on the NASDAQ Global Market as MIRN. The company's IPO is being underwritten by Citigroup, Leerink Partners, Oppenheimer & Co., and Cantor Fitzgerald & Co. The company's financial backers include Sofinnova Venture Partners, New Enterprise Associates, Pfizer, the State of Texas, Eastern Capital, and Baxalta....Continue →

     
  • Wednesday, August 26, 2015

    Is Austin's Booming Tech Industry Hurting Musicians?

    While almost no one can complain about the benefit of Austin's booming tech industry and innovation to jobs and the economy, the booming growth here has had an unfortunate side effect: it's making it hard for musicians to live in Austin. The Wall Street Journal takes a look at how Austin's growth has been impacting musicians here, by driving up costs for everyone from musicians to club owners....Continue →

     
  • Wednesday, August 26, 2015

    Goodman Networks Drops IPO Effort

    Plano-based Goodman Networks is dropping its plans for an IPO, saying in a filing with the SEC that it has determined not to proceed with an offering at this time. No reason for the witthdrawal was given. Goodman had originally planned to raised $100M on the NASDAQ Global Market. The company had filed for the IPO back in April. Goodman Networks provides provides design, engineering, construction, deployment, and management of wireless infrastructure....Continue →

     
  • Wednesday, August 26, 2015

    Yan Engines Raises $700K For Fuel Efficient Engines

    Austin-based Yan Engines, a company developing fuel efficient engines, said this morning that it has raised $700,000 in new funding. Source of the funding was not announced. Yan Engines is a graduate of the University of Texas' Austin Technology Incubator (ATI). According to the company, along with the funding, it has launched a new, UK subsidiary, which will focus on smaller automotive engines; the company has been working on larger, diesel engine retrofits for the US military....Continue →

     
  • Wednesday, August 26, 2015

    Able Raises $6M For Small Business Finance

    Austin-based Able, the small business lending and finance startup founded by Evan Baehr and Will Davis, said Tuesday that it has raised $6M in a Series A funding. The funding came from RPM Ventures and Blumberg Capital. Able leverages an entrepreneur's existing friends and family, matching 75% of a loan request from small businesses, as long as that business is able to raise 25% of what they need from their friends and family.Continue →

     
  • Wednesday, August 26, 2015

    Favor Launches First International Market, Toronto

    Austin-based on-demand deliver service Favor is heading North of the border, saying Tuesday that it is launching into its first, international market--Toronto. Favor explained that on Thursday, it will launch its service under the name Favour, offering up restaurant delivery throughout the city. Favor is in a major expansion, having also launched services in Fort Worth this week, and San Marcos launcing later this week....Continue →

     
  • Wednesday, August 26, 2015

    Silicon Space Becomes VORAGO

    Austin-based Silicon Space Technology, the developer of semiconductor technology, said Tuesday that it has renamed the company VORAGO Technologies, and also given itself a new tagline. The company said the name change comes as the company has focused on extreme, temperature-hardening technology for semiconductors. The company says its technology helps help protect circuits against radiation and extreme heat. the new tagline is "Opening up new possibilities". VORAGO is led by Bernd Lienhard....Continue →

     
  • Tuesday, August 25, 2015

    Trend Micro Rolls Out Updated Mobile Security Software

    Dallas-based cybersecurity developer Trend Micro has updated its mobile security product aimed at both Android and iOS devices, the company said this morning. Trend Micro said its new Trend Micro Mobile Security for Android and iOS protects those devices against fake banking, shopping and financial apps, while boosting device performance and battery life....Continue →

     
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