Atlassian sets IPO at $4.38 billion
Atlassian, a maker of business development and collaboration software, priced its initial public offering at $21 a share on Thursday, above its expected price range of $19 to $20, and raising $462 million. The IPO price makes Atlassian the fifth biggest company to go public this year, according to Renaissance Capital. The software maker’s last private investment round valued it at $3 billion. [The New York Times]
Perk.com acquires Corona Labs for $2.3 million
Perk.com develops mobile apps that reward users for routine online behaviors and is the second company to purchase Corona Labs, a mobile app development platform bought by Fuse in 2014. The latest deal will allow app developers using Corona Labs’ platform to integrate Perk.com’s reward features from the ground up. [TechCrunch]
Revionics Acquires Marketyze
Revionincs makes and markets merchandise optimization software for retailers, and will now add online competitive pricing intelligence from Marketyze to its offerings. Marketyze is based in Ra'anana, Israel. Financial details of the deal were not disclosed. [Press release]
Vapor IO raises series A
The funding round is led by Goldman Sachs with participation from AVX Partners, AKA Austin Ventures. Vapor IO did not disclose the size of the round. Goldman Sachs managing director Tom Jessop and AVX Partners general partner Chris Pacitti will join Vapor IO’s board of directors. Vapor IO creates modular products to make data centers more space and energy efficient. Their flagship product is the Vapor Chamber (shown above at a trade show), a self-contained data center nine feet in diameter. [Press release]
StoryPress acquired by everyStory
everyStory, a San Diego-based photo montage app developer, has acquired key assets of StoryPress, including CEO Mike Davis (pictured above). He created StoryPress three years ago as an app to allow his grandmother to make multimedia rich stories on her iPad, and it took off from there. [Press release] Click here for our previous coverage of StoryPress.
Hypori appoints new CEO
The company’s board of directors announced David Hood as CEO yesterday. He held leadership positions within notable technology firms including AT&T, Cisco and Dell, as well as venture-backed startups like BeVocal, NetSolve and, most recently, Troux, where he served as CEO and a Director since 2007. [Press release]
New co-working space opens in Austin
Open Source launched in the Sampson Building last week to give developers and other heads-down tech workers a new place to focus. Luke Filipos and Chris Sica use the space in the evenings for Austin Coding Academy classes, and are repurposing the 50-person room as a co-working space that’s more a haven for concentration than a networking hub. [Austin Business Journal]
Favor tests express delivery
Yesterday, Favor offered lunch delivery from P. Terry’s in 20 minutes or less to users in a limited area of downtown from 11 a.m. to 2 p.m. The experiment follows a series of announcements or partnerships with restaurants like Sonic and expansion to new cities. Favor is now available in 18 cities via 3,500 part-time delivery workers the company calls runners. [Company blog]
Concierge Auctions moves tech office downtownThe luxury real estate marketplace has expanded its marketing and technology headquarters with a new office at 800 Brazos Street. The space is more than 9,000 square feet and was home to Mass Relevance prior to its 2014 merger with Spredfast. [Press release]
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