Austin startups raised over $100M in June. Here are the top 5 rounds

by Tessa McLean
July 1, 2016
The infusion of venture capital into our hometown companies jumped sky high in June, rounding out at just over $100 million and beating May by $38 million. The month was anchored by a huge $50 million round from Spredfast. Take a look at the top five largest rounds of June. 
 

5. Aunt Bertha, $5M, June 7

Investors: Led by Techstars Ventures.
 
Bio: Aunt Bertha is reinventing the way people apply for government and charitable social service programs. Users can search for food, health, housing, and job training programs in their area and apply online, cutting down administrative costs and making the process more seamless.
 
News: The financing will help improve their growing platform, and Jason Seats will join their Board of Directors. Read more here.
 
 

4. ePatientFinder, $8.2M, June 10

Investors: A healthcare technology investor syndicate.
 
Bio: The technology connects life science companies with a network of physicians within clinics, hospitals and accountable care organizations that identify and refer patients for potential clinical trial enrollment.
 
News: The three-year-old company will use the capital to accelerate the company’s next stage of growth, which includes its Clinical Trial Exchange platform. Read more here.

3. Vyze, $8.2M, June 10

Investors: The round was led by Austin Ventures and StarVest Partners.
 
Bio: Vyze is a financial technology company for businesses.
 
News: The financing will enable the company to expand into additional markets and product lines. Read more here.
 

2. NSS Labs, $16M, June 20

Investors: The round was led by Delta-v Capital with participation from existing investor, LiveOak Venture Partners.
 
Bio: NSS Labs is an information security research and advisory company.
 
News: The new infusion of capital will be used to grow their product, including bolstering in-depth security product testing, analyst services, and their cloud-based security and risk management platform. David Schaller will join the board and Dan Williams will be named a board observer.  Read more here.
 
 
 

1. Spredfast, $50M, June 20

Investors: The round was led by new investor Riverwood Capital and supported by previous investors Austin Ventures, Interwest Partners, OpenView Venture Partners, and Lead Edge Capital. 
 
Bio: Spredfast software allows marketers to track, manage and amplify real-time conversations across the spectrum of social media using a single dashboard.
 
News: The round will be used to expand their product suite, as well as bolster their customer experience and support. 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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