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  • Wednesday, April 16, 2014

    Silvercar Gets $5M In Debt Funding

    Austin-based Silvercar has raised $5M in a debt financing round, according to a regulatory filing by the company. Source of the funding was not disclosed. Silvercar operates a car rental service which is driven by a mobile app. The company offers up a single model, premium Audi sedan with upscale features like GPS, satellite radio, and in-car Internet. Silvercar is backed by Austin Ventures, CrunchFund, SV Angel, as well as others. Photo: Silvercar's location near ATX on Tuesday....Continue →

  • Wednesday, April 16, 2014

    FireHost Lands $25M

    Dallas-based FireHost, which provides secure, cloud computing services, said this morning that it has raised $25M in a Series E funding round. The funding round came from The Stephens Group. FireHost said it will use the new funding to invest in product development, sales, and brand awareness. FireHost provides secure, PCI-compliant hosting services specifically aimed at businesses. The company is led by Jim Lewadowski....Continue →

  • Wednesday, April 16, 2014

    CyrusOne Expands In Houston

    Houston-based colocation provider CyrusOne said this morning that it has expanded its Houston West Data Center, adding an enormous 42,000 square feet and 6 megawatts of power capacity to the facility. The expansion brings the total footprint of the company's data center there to 160,000 square feet and 18 megawatts. CyrusOne's data center in Houston is focused on seismic exploration computing for the oil and gas industry....Continue →

  • Tuesday, April 15, 2014

    RetailMeNot Scoops Up Pickie

    Austin-based RetailMeNot said Tuesday that it has acquired Pickie, a New York-based startup developing personalized shopping magazines focused on fashion, beauty, and home. Financial terms of the buy were not disclosed. RetailMeNot said it will discontinue Pickie's service, and relocate Pickie's staff from New York City to Austin.Continue →

  • Tuesday, April 15, 2014

    FantasySalesTeam Lands Seed Funding

    Austin-based FantasySalesTeam, which develops sales motivation and sales contest software, has raised a round of seed funding, the company said Tuesday. The funding round came from ATX Seed Ventures, the Central Texas Angel Network, Marvel Venture Partners, and individual investors. FantasySalesTeam is led by Adam Hollander. The company's products are centered around fantasy sports-style sales competitions.Continue →

  • Tuesday, April 15, 2014

    FeedMagnet Acquired By Bazaarvoice

    Austin-based Bazaarvoice has acquired fellow Austin company Feedmagnet, in a deal worth $9M in cash, the companies said today. FeedMagnet, which was founded in 2009, develops social engagement software aimed at bolstering content marketing programs. The company was founded by Frank Burns, Marc Yagjian, Luke Sneeringer and Jason Ford.Continue →

  • Tuesday, April 15, 2014

    Worksoft Wins Inter-American Development Bank

    Dallas-based software developer Worksoft reported a win this morning that the Inter-American Development Bank (IDB), a bank based in Washington, D.C., which provides development finance to Latin American and the Caribbean. Financial terms of the win were not announced. Worksoft said its tools will go to support a new SAP implementation, to help automate the validation of business processes in SAP.Continue →

  • Tuesday, April 15, 2014

    Tyler Technologies Wins $5.8M Contract

    Plano-based government software developer Tyler Technologies said yesterday that it has scored a $5.8M, contract win in Kansas City, Missouri. According to Tyler Technologies, Kansas City is replacing its permitting software with Tyler's EnerGov software product.Continue →

  • Tuesday, April 15, 2014

    Cirrus Logic Names VP

    Austin-based Cirrus Logic said Monday that it has named Eric C. Smith as a vice president and general manager at the company, heading up the company's energy product lines and other initiatives. Smith previously has served at companies such as Javelin Semiconductor, Intersil Corporation, D2Audio, Vitesse Semiconductor and Cicada Semiconductor.Continue →

  • Monday, April 14, 2014

    Xtreme Power Assets Acquired By German Company

    Kyle, Texas-based energy storage and management startup Xtreme Power's assets have been acquired by a German Company, Younicos Inc.. According to Younicos, which is a subsidiary of German company Younicos AG, it acquired Xtreme Power in the Chapter 11 auction in the US District Bankruptcy Court of West Texas. Financial details of the buy were not announced. Xtreme Power had filed for Chapter 11 bankruptcy in January. Younicos said the buy would help bolster its large scale storage solutions....Continue →

  • Monday, April 14, 2014

    Goodman Networks Files For $100M IPO

    Plano-based Goodman Networks, which provides design, engineering, construction, deployment, and management of wireless infrastructure, filed for an IPO Monday, saying that it it looking to raise up to $100M on the NASDAQ Global Market as GNET. The company's IPO is being underwritten by BofA Merrill Lynch, Jefferies, FBR, Stifel, BB&T Capital Markets, D.A. Davidson & Co., and PNC Capital Markets LLC. Goodman reported a net loss of $43.0M on revenues of $931.7M in 2013....Continue →

  • Monday, April 14, 2014

    Ridescout Targets San Francisco

    Austin-based Ridescout--the startup which came out of the Austin Technology Incubator a few years ago as GoingMyWay--has expanded to San Francisco last week, expanding its mobile transportation app service to its third market. RideScout had previously offered its service in Austin and Washington, D.C. Ridescout's app helps people figure out how to get from one place to another via bus, rail, ridesharing, car share, taxi, carpooling, walking, biking, or other methods....Continue →

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