Austin's digital tech scene is not just rebounding in correlation with a strengthening economy, it's thriving, evidenced by the $993 million local digital tech startups raised in 2014. We wanted to go back a little earlier in time and see which companies have really left a mark in recent funding history. See below for our list of the 15 largest fundings from Jan. 1, 2010 through June 24, 2015. The list is based on our records and includes only digital tech companies located in the Austin area.
15. Bigcommerce, $40M, July 25, 2013
Investors: Revolution LLC
Bio: Bigcommerce provides ecommerce software solutions and shopping cart software for online businesses.
News: In June, Bigcommerce announced that Brent Bellm, a former CEO of Paypal Europe and former president and COO of HomeAway will take over as CEO.
15. Kinnser Software, $40M, March 26, 2012
Investors: Insight Venture Partners
Bio: Kinnser Software develops and distributes web-based software and support solutions for the home health industry.
News: Kinnser Software reported 3 million verified patient visits using Kinnser VisitVerify®, the company's electronic visit verification (EVV) solution, in March.
13. Pivot3, $45M, Feb. 24, 2015
Investors: Wilson Sonsini Goodrich & Rosati, Mesirow Financial, InterWest Partners, S3 Ventures, Argonaut Private Equity
Bio: Pivot3 develops software that increase scale-out performance to simplify and unify virtual servers, shared storage and networks.
News: The Series G round raised in February was for accelerating growth. They are hiring roles in sales and marketing, expanding its channel partner strategy, and improving the company's technical competitive advantage.
12. DaVincian Healthcare, $50M, June 25, 2014
Bio: DaVincian Healthcare, Inc., a mobile cloud analytics company, provides technology solutions to the healthcare market.
12. Bigcommerce, $50M, Nov 19, 2014
Investors: Revolution LLC, General Catalyst Partners, American Express, Telstra Ventures, SoftBank Capital
9. Volusion, $55M, Jan. 29, 2015
Investors: Main Street Capital
Bio: Volusion provides e-commerce software, web design, and inbound marketing services to online businesses.
News: Financing on this most recent round will be used to hire up to 150 more workers.
8. Spiceworks, $57M, Feb 4, 2014
Investors: Tenaya Capital, Institutional Venture Partners (IVP), Adams Street Partners, Shasta Ventures, Goldman Sachs
Bio: Spiceworks is the professional network for the IT industry.
News: Amir Movafaghi, a former Twitter executive, recently took on the CFO position at Spiceworks.
7. RetailMeNot, $90M, Dec 2, 2010
Investors: JPMorgan, Institutional Venture Partners (IVP)
Bio: RetailMeNot, a marketplace for online coupons and deals, operates a portfolio of coupon and deal websites.
6. Magnitude Software, $100M, Sep 24, 2014
Investors: Audax Group
Bio: Magnitude Software’s brands are leaders in enterprise information management with award-winning solutions in business intelligence.
News: Magnitude Software boasts over 200,000 users at 600 customers in over 100 countries.
5. Mozido, $103.5M, May 30, 2014
Bio: Mozido provides a platform of cloud-based, white-label, mobile payment, shopping and marketing solutions with real-time customer analytics.