Top News

  • Wednesday, May 16, 2012

    Archipelago Learning Shareholders Give Nod To Merger

    Dallas-based Archipelago Learning, the provider of subscription software-as-a-service for the education market, reported Wednesday evening that its shareholders have approved its merger with PLATO Learning, the private equity backed educational software firm. Archipelago said that 99.99% of the shareholders voted in favor of the acquisition, which still has some closing conditions. Plato Learning is backed by Thoma Bravo. The deal is worth around $291M in cash....Continue →

     
  • Wednesday, May 16, 2012

    glendonTodd Capital Buys Brazilian Outsourcer

    Dallas-based private equity firm glendonTodd Capital announced Wednesday that it has acquired a Brazilian provider of business process outsourcing, Toutatis Inc.. Financial terms of the acquisition were not disclosed. glendonTodd Capital said it teamed with Performa Partners in the acquisition of Toutatis, which provides human resource outsourcing, finance and accounting outsourcing and procurement outsourcing.

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  • Wednesday, May 16, 2012

    Equivalent Data Finds Funding

    Houston-based Equivalent Data, a provider of electronic discovery software to law firms and corporations, has scored a funding from Dallas-based private equity fund Trinity Hunt Partners. Size of the investment was not disclosed. Equivalent Data develops NeedleFinder, an electronic discovery softwar eproduct. Equivalent Data's CEO is Mike Medrano. Trinity Hunt is a investment fund backed by the Lamar Hunt family.

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  • Wednesday, May 16, 2012

    HomeAway Invests In Chinese Vacation Rentals Site

    Austin-based HomeAway has made an investment in a Chinese operator of an online vacation rental site, the firm said yesterday. HomeAway said it has purchased a minority stake in Tujia which it says is the first site in China to target the high end, online vacation rental market. Financial terms of the investment were not disclosed. HomeAway is joining venture capital firms Lightspeed China Partners and CDH Investments, and Chinese travel services firm Ctrip....Continue →

     
  • Wednesday, May 16, 2012

    Youtoo Puts Facebook Users On TV

    Do you want your share of your 15 minutes of fame? Dallas-based Youtoo wants to put everyday Facebook users on television, via its Facebook app, which allows users to record and upload videos of themselves which can be broadcast on network television. The company said today that it launched its app, Facebook Be On TV, which creates videos which are then broadcast on 177 of the top 200 cable markets in the U.S....Continue →

     
  • Wednesday, May 16, 2012

    Vista Equity Partners Closes $3.5 Billion Fund

    Private equity group Vista Equity Partners, which has significant operations in Austin, said this week that it has closed on its fourth fund, Vista Equity partners Fund IV, at $3.5 billion. The investor said it now manages over $6.6 billion in committed capital. Vista Equity Partners' investments include Turaz (divested from Thomson Reuters), Vitera (formerly a division of Sage), CD Software, and MiSys. Vista Equity Partners' offices are split between Austin, Chicago, and San Francisco....Continue →

     
  • Wednesday, May 16, 2012

    Mass Relevance Adds $3.3 Million

    Austin-based Mass Relevance, the provider of social curation software headed by Sam Decker, announced this morning that it has raised $3.3M in a Series A round. According to Mass Relevance, the round was led by Austin Ventures, included new investor Battery Ventures, as well as prior seed investors Floodgate Fund, Allegro Venture Partners and Metamorphic Ventures....Continue →

     
  • Wednesday, May 16, 2012

    Tyler Technologies Signs Schools, City In Virginia

    Dallas-based Tyler Technologies has notched another win for its muncipal government and school software, this time in Virginia. According to Tyler Technologies, it has signed agreements with the City of Alexandria, Va., and Alexandria City Public Schools for its Tyler Munis enterprise resource planning (ERP) software. Financial details of the win were not disclosed.

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  • Tuesday, May 15, 2012

    Infoglide Links With Risk And Compliance Software Firm

    Austin-based infoguide, a developer of software which is used for fraud detection and anti-money laundering, said Tuesday that it has linked with BusinessForensics, a provider of risk, fraud and compliance management software for financial institutions. According to the two, Infoglide will provide an identity resolution engine to enhance BusinessForensics' suite of fraud detection and risk management products. Financial terms of the win were not disclosed....Continue →

     
  • Tuesday, May 15, 2012

    EEstor Claims Progress On Technology

    Cedar Park-based EEStor, the developer of high density, ultra-capacitors used for energy storage, said Tuesday that it is continuing to make progress on its technology The firm said it has been working on development of single layer Electrical Energy Storage Units (EESUs) as a step toward full commercial units at the firm, claiming that it has made "major progress" in its efforts to commercialize its technology....Continue →

     
  • Tuesday, May 15, 2012

    SpareFoot: Watch Our Code Grow

    Ever wonder what it's like in that fascinating world of software code behind a startup? Austin-based SpareFoot just released a fascinating video documenting how the firm's source code has grown since November of 2009. The company--which helps people find self storage facilities--said developer Patrick Mizer created the video using an open source application called Gource, which shows the fascinating growth of the company's source code....Continue →

     
  • Tuesday, May 15, 2012

    CyrusOne Breaks Ground In Phoenix

    Enterprise data center and colocation provider CyrusOne is breaking ground on its new Chandler, Arizona data center, the firm said today. CyrusOne said it will break ground tomorrow on the 57-acre, 1 million square foot data center operation in Arizona, which it had announced last fall. The company said the first part of the data center is expected to be complete in the first part of 2013, and will have 110 megawatts of power capacity.


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