Taking The Pulse Of The Texas Technology Industry
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Taking The Pulse Of The Texas Technology Industry |
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 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. According to t (More info...) posted on Wednesday, August 26, 2015(Full story) 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 provid (More info...) posted on Wednesday, August 26, 2015(Full story) 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 (More info...) posted on Wednesday, August 26, 2015 (More)(Full story) 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. posted on Wednesday, August 26, 2015 (More)(Full story) 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 la (More info...) posted on Wednesday, August 26, 2015(Full story) 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 (More info...) posted on Wednesday, August 26, 2015(Full story) |
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