Tech roundup: Austin's got talent, LiveOak's new fund and more

by Andreas Rekdal
July 27, 2017

Austin ranks eighth among top tech talent cities

Dallas and Fort Worth ain’t got nothing on Austin — at least not when it comes to the tech talent. A recent CBRE report ranking the tech talent pool in 50 North American cities put Austin in eighth place, ahead of Boston and the Dallas–Forth Worth metropolitan area. The real estate firm cited Austin’s ability to attract talent from other markets as a key driver of the ecosystem’s strength. [CBRE]


LiveOak has a new VC fund in the works

LiveOak Venture Partners, whose portfolio includes Austin companies like Digital Pharmacist, TeleStax and, just submitted a regulatory filing for a new $110 million investment fund. Founded in 2012, LiveOak typically operates as a lead investor for early-stage companies. According to Austin Inno, the firm usually invests between $1 million and $4 million in its first-time deals. [Austin Inno]


Authors gets investment from Chicago communications firm

Austin AI startup announced on Monday that it has received a strategic investment from LSC Communications. Authors' machine learning platform helps publishers spot potential bestsellers and optimize their content to increase online reach. LSC plans to offer those services to the publishers it works with. In a statement, Authors CEO Monica Landers said the partnership will help her startup expand and improve its offerings. [Press release]


Litmus Health has a new CTO

Litmus Health, whose data science platform helps researchers perform clinical trials, just appointed a new CTO. James Crooks, who previously served as the company’s VP of engineering, will take point for the company’s strategy and development. The startup also announced the members of its full advisory board, which includes academics, business leaders, pharmaceutical researchers and technologists. Its platform is currently being piloted at the University of Chicago. [Press release]


eRelevance makes two executive hires

On Monday, marketing automation startup eRelevance Corporation announced the appointment of not one, but two new vice presidents. Andy Acaru is eRelevance’s new VP of field sales, while John Nippler will serve as VP of business development. Acaru and Nippler each bring years of experience in healthcare sales. “With their deep experience and strong relationships in the aesthetic healthcare market, Andy and John will be instrumental in scaling our growth and long-term success,” said CEO and co-founder Bob Fabbio in a statement. [Press release]


Cycorp raises $10M in equity funding

Cycorp, an Austin-based artificial intelligence software provider, submitted a regulatory filing for a $10 million equity round at the end of last week. Cycorp was founded in 1994 to commercialize technology developed by the Microelectronics and Computer Technology Corporation. Its technology is used for natural language processing, data integration, search and information management. [Austin Business Journal]


Images via Shutterstock and featured companies.

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