Austin tech companies raised more than $25M in November. Here are the top 5.

by Colin Morris
December 1, 2015
November was a cooler month for Austin tech fundings, which have trended down from $100 million in July and $85M in September to $40 million in October. Here are five companies holding their ground and raking in some cash.
 
 

5. 

, $1.3M, November 9
 
Investors: Hugh Forrest, Director of SXSW Interactive; Adam Zeplain, Dan Graham and Blake Borgeson, Marc Winkelman, Andy Bursten, Joe Ross, Curtis Howard, Alex Andrawes, Russell Hinds, Mark Hawkins, and Herb Simon.
 
Bio: Broomly is the company behind on-demand home services Yard Ease and Maids Around Town.
 
News: The company’s long-term plan is to become a one-stop solution for customers’ home services needs by building trust through face-to-face interactions with its customers. Read more here.
 
 

4. 

, $3.3M, November 10
 
 
Bio: Patient IO is the first and only care coordination solution that can be integrated with virtually any healthcare software system, including EHRs and population health management programs. It’s a product and brand of Filament Labs.
 
News: This partnership with athenahealth will pave the way for the Austin startup to expand its API program to athenahealth’s growing network of 72,000 healthcare providers. Athenahealth will also offer mentorship and office space to Filament Labs in its Seaholm Power Plant location. Read more here.
 
 

3. 

, $6.5M, November 10
 
Investors: Undisclosed
 
Bio: The mobile tech developer offers brick-and-mortar retailers such as Gamestop a way to engage shoppers through their mobile devices using in-store beacons.
 
News: Shelfbucks did not disclose the investors behind this round, but said it plans to use the investment to add 10 employees to its staff of 14.
 
 

2. 

 360, $6.7M, November 20
 
Investors: Undisclosed
 
Bio: This company is in stealth mode, and clues about its product are hard to come by. But as of this writing, its website features the tagline “The Evolution of Sound,” and alludes to a technology that could play “music so real and so immersive that you’d be able to accurately pick out the exact direction of an instrument in a song or an explosion in an action flick.”
 
News: Coming soon, we hope.
 
 

1. 

, $8M, November 18
 
Investors: Cielo Private Equity
 
Bio: Umbel sells customer data management products to agencies and CMOs of major brands. The company was founded in 2010 and raised $3.7 million in 2012 in a Series A round led by Austin Ventures.
 
News: The company said in a press release the new capital will allow Umbel to expand the company’s sales and marketing efforts and tap the market opportunity of data analytics with new tools and potential acquisitions. Read more here.
 
 
Have a tip for us or know of a company that deserves coverage? Email us via [email protected].

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