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  • Friday, December 19, 2014

    Alamo Drafthouse Pulls Team America

    The plan by the Alamo Drafthouse to swap in Team America: World Police after hackers believed to be linked to North Korea forced the withdrawal of the new Seth Rogan film The Interview by Sony, has been put on ice by film distributor Paramount. The Alamo Drafthouse had made national headlines with its plan to replace "The Interview" with a free screening of "Team America: World Police"--complete with American flags, streamers, balloons, and other patriotic gear....Continue →

  • Friday, December 19, 2014

    Mozido Buys Mobile Commerce Firm CorFire

    Austin-based Mozido, which is developing a cloud-based mobile financial services platform, said late yesterday that it has acquired a majority stake in CorFire, an Atlanta-based mobile commerce company which had been part of SK C&C, a Korean IT services provider. Mozido said it will use the buy to advance its mobile wallet capabilities, and specifically help enhance a mobile wallet app with Dunkin' Brands. Financial details of the buy were not disclosed....Continue →

  • Friday, December 19, 2014

    Execupay Rolls Out White Label Payroll and HR Product

    San Antonio-based Execupay has launched a new, private label product aimed at providing payroll and HR services to small businesses. According to Execupay, the new product is designed to provide financial institutions with their own, private label payroll and HR solutions for sssmall business customers. The company said the new product is designed to be embedded into a financial institutions' own online banking platform. Pricing on the new service was not announced....Continue →

  • Thursday, December 18, 2014

    Accordion Health Scores $60,000 From National Science Foundation

    Austin-based Accordion Health, which is developing healthcare analytics tools and services, said this week that it has been awarded $60,000 in additional funding from the National Science Foundation. The company said the funds go towards supporting a commercial contract. Accordion Health is developing health care analytics tools, which use data mining and machine learning to help measure health care expenditures.Continue →

  • Thursday, December 18, 2014 Plans Big Hiring Push In Austin

    Austin-based job site is planning to hire 300 employees in Austin next year, part of a plan to hire 1,000 workers at the company next year, the company disclosed Wednesday. According to, in an a interview with the ABJ, the hiring will include positions in engineering, customer service, and sales. The company also is reportedly looking for larger offices in Austin to accommodate the growth plan....Continue →

  • Thursday, December 18, 2014

    Pivot3 Rolls Out Backup, DR Appliance

    Austin-based Pivot3 has rolled out a new backup and disaster recovery appliance, which it says is aimed at helping companies to back up and recover virtualized applications and data. The company said its new Hyper-Converged Disaster Recovery Appliance (HCDRA) are simple to deploy and work with almost any DR software package. Pricing on the new appliance was not announced....Continue →

  • Wednesday, December 17, 2014

    Akimbo Financial Acquired By Payment Data Systems

    San Antonio-based Akimbo Financial, a provider of prepaid Visa cards and related mobile and online software, has been acquired by electronic payments provider Payment Data Systems, the two said Tuesday. Payment Data Sysetms said it will pay three million dollars for Akimbo, paid primarily in common stock, in two tranches, with up to $300,000 in cash if any liabilities are assumed. Payment Data Systems is also based in San Antonio, and is OTCBB traded as PYDS....Continue →

  • Wednesday, December 17, 2014

    CHR Solutions Sells Unit To Moss Adams

    Houston-based telecommunications company CHR Solutions has sold its regulatory compliance and financial consulting business to accounting and business consulting firm Moss Adams, the two said late Tuesday. Financial terms of the buy were not disclosed. The two said the buy would bolster Moss Adams' telecommunications consulting business....Continue →

  • Wednesday, December 17, 2014

    P97 Networks Gets $8M For Mobile Fuel Commerce

    Houston-based P97 Networks, a developer of cloud-based, mobile commerce software for the fuel industry, has raised $8M in a Series A funding. The funding came from Emerald Technology Ventures and American Trading and Production Corporation (ATAPCO). According to P97, Chris Vaslet of Emerald Technology Ventures joins its board....Continue →

  • Tuesday, December 16, 2014

    Houston Rockets Ties With Fantasy Sports' DraftKings

    The Houston Rockets have inked a deal to feature the team as part of daily fantasy sports site DraftKings, the two said today. Financial details of the deal were not disclosed. According to the two, the partnership includes branded team bench areas and court side signage. The two said the deal will allow fans to interact and engage witht he Houston Rockets through DraftKings' daily fantasy sports service....Continue →

  • Tuesday, December 16, 2014

    HCC Embedded Opens Office In Austin

    HCC Embedded, a UK-based company which develops embedded middleware for storage and communications products, said it has set up shop in Austin, to help it expand in the U.S. market. HCC Embeddedd it has hired Jim Yastic, formerly of such companies as Freescale Semiconductor, Metrowerks, and Quadros Systems, to head up its Austin office and expansion....Continue →

  • Tuesday, December 16, 2014

    Wisegate Raises $4M More For IT Community

    Austin-based WiseGate, which operates an online community aimed at senior IT professionals, said today that it has raised $4M in a Series B funding round. The startup--led by Sara Gates--said the new round brings its total raised to $8M. The funding came from Arcus Capital Partners, along with Central Texas Angel Network, Atlanta Technology Angels, Golden Seeds, and Cowtown Angels....Continue →

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