Austin startups raised over $80M in funding in January. Here are the Top 5

by Colin Morris
February 1, 2016

Waldo Photos

5. Waldo: $4M, January 28

Bio: Waldo allows professional photographers to upload photos directly from their cameras as they shoot using WiFi-enabled SD cards. Then, thanks to a facial recognition engine running on Waldo’s cloud, registered users who appear in the photos will automatically receive push notifications to view them. Read more here.

 

OJO Labs

4. , $5.9M, January 28

Bio: Here’s all we know about this startup: It was started by the cofounders of Yodle and ProfitFuel. The former acquired the latter in May of 2011, and both know a lot about marketing small businesses online. OJO Labs plans to expand on that expertise and deliver the next great tool in the field, but they’re mum on details. Stay tuned.

 

The Zebra

3. , $17M, January 26

Bio: The Zebra has been running a comparison shopping site for car insurance since 2012, when CEO Adam Lyons launched it at Pittsburgh’s Alpha Lab accelerator. It’s been growing steadily since then. Lyons told Inc. this month raising money hasn’t been a concern for the startup since they went to market with their product and established themselves as a unique offering. Read more here.

 

Lifesize

2. , $17.5M, January 8

Bio: Lifesize was founded in 2003 and acquired by Logitech six years later, only to spin off again last month. The company raised $17.5 million from Redpoint Ventures, Sutter Hill Ventures and Meritech Capital Partners to double down on its collaboration SaaS strategy.

 

Silvercar

1. , $28M, January 4

Bio: Silvercar had an extra reason to pop champagne on New Year’s. The company rang in 2016 by announcing a $28 million funding round led by Audi, the maker of the sleek sedans that lend Silvercar its luxury cachet. 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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