Oracle signed and closed an agreement to acquire StackEngine. All StackEngine employees will be joining Oracle as part of Oracle Public Cloud. [Press release]
Rivet Radio, soon in a store near you
Upland Software announced the latest version of its Tenrox professional services automation (PSA) and time and expense tracking application is available. The upgrade empowers Upland customers to maximize business performance by simplifying the user experience and enhancing user interface and platform capabilities. [Press release]
ATC President Julie Huls resigns
President of the Austin Technology Council Julie Huls is leaving the nonprofit organization in the first quarter of next year. Huls has led the Austin Technology Council for the past six years. [Silicon Hills News]
Factom raises $1.4M in seed funding
Software maker Factom reported raising $1.4 million of a planned $5 million seed financing last week. The company collected the capital from 10 investors. [Austin Business Journal]
BP3 Global expands headquarters
BP3 Global is increasing the size of its headquarters by 50 percent. The Austin company is expanding its Plaza 7000 office on North MoPac Expressway from 12,000 square feet to more than 18,000 to accommodate its growth. [Austin Business Journal]
Austin City Council passes ridesharing regulations
The Austin City Council passed a framework that, among other things, would require fingerprint-based background checks for Uber and Lyft drivers. The expanded background check requirement would be phased in over the next year. [KUT]
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