Tech roundup: 5 startups get funded, DivInc announces third cohort and more

by Kelly O'Halloran
August 17, 2017

vyze website.pngVyze nabs $13m in funding

Last week, fintech startup Vyze announced it has raised $13.1 million in funding from Austin Ventures, Fathom Capital and Starvest Partners. The funding will be used to add 20 employees to its technology, sales and marketing, and research and innovation teams. [Built In Austin]


mangstor ss.jpgMangstor raises $7M of a planned $12M

Mangstor, a developer of NVMe over fabrics solutions, raised $7 million of a planned $12 million, according to a Wednesday SEC filing. This week’s filing follows the company’s $5 million raised in July of 2016. The company did not release a statement. [FormDs]


bsx insight.jpgAthletic wearables startup raises $6.8M

LVL Technhologies, formerly known as BSX Insight, raised a $6.75 million Series A round this week. Samsung Catalyst Fund led the round with participation from Maxim Integrated Products, Inc. and other investors in the wearable technology and manufacturing industries. The startup is developing proprietary sensor platforms for wearables to measure vital body signs like hydration. [Press Release]


clearblade.jpgClearBlade raises $2.7M

IoT software startup ClearBlade raised $2.7 million, according to a Monday SEC filing. Eleven investors participated in the round. Although the company did not issue a statement regarding the funding, it did announce a strategic global partnership with MConnected this week. Based out of London, MConnected is a high-tech asset protection startup. [FormDs / Press Release]


dry-cleaning-laundry-cover-5.jpgPress closes $500K seed round

Press, an on-demand dry cleaning and laundry startup, announced this week that is has raised a $500,000 seed round. Former BlackLocus president Rob Taylor, 1-800-Contracts founder Jonathan Coon, SpareFoot co-founders Chuck Gordon and Mario Feghali, and Idera CEO Mike Bennett invested. The funding will be used to enter more markets. [Silicon Hills]


DivInc Cohort Three.pngDivInc shares Fall 2017 cohort

DivInc, the Austin pre-accelerator advocating diversity in tech, announced its third cohort group for Fall 2017. This cohort consists of eight women and seven men. Nine of the 15 belong to underrepresented minority groups. Some of the companies included are Penguino, Sponsorfy, Spot Loc8r, WutzGood, FuzeU, Maximus Box, Data Bot Box and enautics. Additionally, half of this cohort’s companies have posted revenue already. [Press Release]


selflender team.jpgStudent Loan Genius celebrates milestone, welcomes new CEO

This week, Student Loan Genius announced Matt Beecher as its new CEO. The leadership news comes as the startup celebrates crossing $300 million in student loan debt help offered, putting it on track for a 200 percent increase of its reach by December 2017. Prior to joining Student Loan Genius, Beecher was Redstart Ventures’ managing director and co-founder of SCS Financial. [Press Release]

Images provided by company websites, social media and Shutterstock.

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