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Techstars grad Fashion Metric grabs $1M in seed funding
Austin-based Fashion Metric announced this week they have raised $1 million in seed funding. The round was led by Tahoma Ventures, with participation from Corsa Ventures, Elementum Ventures, Geekdom Fund, and several angel investors. The new infusion of funding will be used primarily to increase hiring and develop the SaaS product.[Techstars grad Fashion Metric grabs $1M in seed funding: Built In Austin]
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LA-based Mandalay Digital is moving to Austin
Mobile software products firm Mandalay Digital will be moving into town. This isn't the only big change the company has made recently, after announcing re-branding efforts as Digital Turbine Inc. CEO Bill Stone will join the board of directors. [LA-based Mandalay Digital is moving to Austin: Built In Austin]
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Forbes ranks two Austin startups on the list of America’s most promising companies
Austin-based Q1Media and Phuneware were named as some of America's Most Promising Companies, according to Forbes. Q1 came in at 50th and Phunware was at 58th. [America's Most Promising Companies: The Top 20 Of 2015: Forbes]
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Austin-based XOR Data Exchange raises $1.8M in new funding
Permission-based data exchange XOR has raised $1.8 million in funding. Chicago Ventures and KGC Capital led the round. Norm Wilcox will join XOR’s board of directors. [Austin-based XOR Data Exchange raises $1.8M in new funding: Built In Austin]
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Spiceworks announces new CEO
Jay Hallberg will take on the role of President and CEO at Spiceworks, an Austin-based community of IT professionals. He will focus on running day-to-day operations, while Scott Abel will become Chief Strategy Officer. Abel said he'll focus on products and services and fostering company culture. [Spiceworks announces new CEO: Built In Austin]
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Boulder-based Vuevent relocates to Austin
Mobile app creator Vuevent will now call Austin home after making the move from Boulder, Colorado. The 11 person company was founded in 2013 and has previously received $230,000 in funding. [Boulder-based Vuevent relocates to Austin: Built In Austin]
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Austin-based Shoutz acquires Front Flip
Austin-based marketing and technology company Shoutz has acquired Front Flip. The mobile customer engagement company app is based in Kansas. Financial terms of the deal were not disclosed.The Front Flip team will join Shoutz in their Leawood offices. [Austin-based Shoutz acquires Front Flip: Built In Austin]
