BidModo Launches Small Business Marketplace

New Austin startup BidModo is launching its web site today, saying that it has created an online, small business marketplace looking to connect buyer with vendors, and to help automate bid and matching processes. The firm said it is officially rolling out its service today in Austin, with plans to eventually roll out nationally to over 80 cities. One of the key features of the startup is finding local vendors for services, with a hyper local focus. Founders of the firm include Toby Schwartz and Zack Fuentes.