Austin startups raised over $62M in funding in May. Here are the top 5

by Tessa McLean
May 31, 2016

5. Vyopta, $1M, May 11

Investors: AVX Partners
 
Bio: Vyopta is providing holistic analytics and troubleshooting for video conferencing at a time when more businesses are relying on virtual collaboration than ever before.
 
News: Vyopta is using the additional capital to accelerate its product roadmap and make key additions to its executive team. Read more here.
 
 
 

4. eyeQ, $3.5M, May 23

Investors: Led by Align Capital, with continued participation from existing investors. 
 
Bio: eyeQ utilizes IBM BlueMix and IBM Watson to personalize the in-store shopping experience with custom, interactive in-store digital displays. The devices respond to age, gender, location, frequency of visit and emotion and hope to deliver increased loyalty to the store.
 
News: The new infusion of capital will bolster continued technology development, product enhancement and revenue pursuit. Read more here.
 
 

 

3. Bloomfire, $12.8M, May 20

Investors: Austin Ventures

Bio: Bloomfire creates enterprise collaboration software that enables people to share expertise. It makes content widely available and can be used to coordinate projects, find experts, facilitate social interaction, retain knowledge, and keep people informed. 

News: The infusion of capital will help the Austin-based company grow its sales and marketing teams and further develop its platform to fuel growth for its knowledge sharing platform. Read more here.

 

2. OutboundEngine, $16M, May 5

Investors: The round was led by S3 Ventures, with additional funding from Silverton Partners, Noro-Moseley, Harmony Partners, Altos Ventures and Capital Factory.
 
Bio: OutboundEngine helps small business owners market themselves by doing the work for them. They create original content for our clients, automate their email campaigns, update their social media profiles, and ultimately help them grow their businesses and drive long-term value for their customers.
 
News: The Austin company will use the new capital to hire in its Austin and Scottsdale, Ariz. offices, nearly doubling its workforce from 238 to more than 400. Read more here. 
 

1. Bigcommerce, $30M, May 10

Investors: Led by Menlo Park, Calif.-based GGV Capital
 
Bio: BigCommerce makes software that enables SMBs to quickly build and maintain online stores.
 
News: They opened a downtown office at 800 Brazos Street last fall to accommodate their growing engineering team and recently hired former HomeAway COO Brent Bellm as its CEO. Read more here. 
 
Have a news tip for us or know of a company that deserves coverage? Tell us or tweet @BuiltInAustin.
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