TOP NEWS

Mailgun Gets $50M, Spins Out From Rackspace

San Antonio-based email automation software provider Mailgun announced this morning that it has raised $50M in funding, and spun out of Rackspace. Mailgun said the funding was led by Turn/River Capital, and also included Scaleworks and Rackspace. Mailgun said the funding will establish it as an independent company from Rackspace, and go towards its product roadmap, growth, and customer support. Mailgun will be led by William Conway, previously GM of Mailgun inside Rackspace....Continue →


Teladoc Connects With Smart Thermometer Provider Kinsa

Lewisville, Texas-based telehealth services provider Teladoc said this morning that it has linked up with connected "smart thermometer" maker Kinsa, with an integration deal. According to Teladoc, the integration with Kinsa will allow its app to automatically detect Kinsa's app on a user's mobile phone, and import up to 10 days of temperature readings into the Teladoc platform....Continue →


Vapor IO Targets Telecom Towers With New Product

Austin-based computing systems developer Vapor IO has rolled out a new product aimed at the telecom market, Vapor Edge for Telecom, which it says is specifically designed for installation at the base of cell-enabled radio towers. Vapor IO said the new product helps wireless telecom companies deploy and manage cloud servers co-located with their base station equipment, letting them deploy and manage cloud servers to deliver edge capabilities for their networks....Continue →


data.world Gets $18.7M More

Austin-based data.world, which operates an online service which connects people with others on data projects, has raised $18.7M more in funding, the company said on Tuesday....Continue →


Fonality Acquired By NetFortris

Plano, Texas-based unified communications provider Fonality has been acquired by Netfortris, a provider of cloud-based communications services, the two said today. Financial terms of the acquisition were not disclosed. NetFortris said that it will divide its headquarters between its Seattle and Dallas offices, with the firm continuing to be led by NetFortris CEO Grant Evans.Continue →


Localeur Expands To Canada, In First International Move

Austin-based travel recommendations community Localeur said this morning that it is expanding in Canada, and has now added Toronto and Vancouver to its list of cities across the U.S. and Canada. The company, led by Joah Spearman, says it is now available in over 40 cities. Localeur's community, accessed via iOS and Android apps, is targeted at helping Millenials find local places to eat, drink, and enjoy while traveling. Toronto and Vancouver are the company's very first international markets....Continue →


Klever Logic Becomes FlashParking

Austin-based Klever Logic, a developer of technology for the parking lot and garage market, said this morning that it has changed its name to FlashParking. The company said it has merged all of its existing products, FlashValet, FlashPARCS, and FlashMobile, under the new name. FlashParking recently raised $3M from angels Sam Goodner and Dan Sharplin, and says it now has 36 employees.Continue →


AT&T, Carrier Connect HVAC Equipment Via IoT

Dallas-based AT&T and heating and air conditioning equipment manufacturer Carrier said this morning that they are connected commercial, HVAC equipment to the "Internet of Things" with a new offering. The two said they will begin offering up near, real-time data about Carrier commercial HVAC chillers, utilizing AT&T's network. Financial details of the collaboration were not announced....Continue →


Malauzai Hits More Than 105 Employees

Austin-based mobile and Internet banking software startup Malauzai Software said Thursday that it now has more than 105 employees, as it has continued to grow. The company said it had "record growth" in 2016, although it did not release any financial results, and now has more than 425 community financial institutions using its product. Malauzai is led by CEO Tom Shen.Continue →


ExxonMobil Sets High Performance Computing Record

Spring, Texas-based oil and gas giant ExxonMobil said on Thursday, that the company has set a record in the high performance computing (HPC) market, in a joint effort with the National Center for Supercomputing Applications (NCSA). ExxonMobil said that, it has demonstrated the use of 716,800 computer processors with proprietary software, used for complex oil and gas reservoir simulation models. ExxonMobil said it used the NCSA's Blue Waters system for the massively parallel computing system....Continue →


Wheel Video Acquired By Tinder

Mobile video sharing app firm, Wheel, which was founded in Austin at SXSW, but since moved to Los Angeles, has been acquired by dating app developer Tinder. Financial terms of the acquisition were not disclosed. Wheel was founded as Ferris in 2012, and was led by CEO Paul Boukadakis, after he met his cofounders at SXSW.Continue →


Report: Amazon Hiring Game Developers In Austin

Amazon.com is actively hiring game developers in Austin, as part of a new effort to start up a new Amazon game studio, according to reports on Wednesday. The new studio is being led by John Smedley, the former head of Sony Online Entertainment.Continue →



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