Tech roundup: 3 startups raise million-dollar rounds, FloSports lands Big Ten deal and more

Kelly O'Halloran
November 8, 2017
rollick austin
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Rollick raises $5.6M from team of local investors

Bernie Brenner’s most recent Austin startup, Rollick, launched from stealth mode this week with a $5.6 million seed round. Silverton Partners led the round with participation from Autotech Ventures, Troy Capital Partners, Capital Factory and local entrepreneur Brett Hurt. Rollick provides a transparent online marketplace for sellers and buyers of boats, RVs and motorsports equipment. The funding will be used to launch nationally in Q1 of 2018 and to hire additional sales and support staff in Austin. [Built In Austin]

 

one model austin
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OneModel raises $3.7M

OneModel, the maker of an HR machine learning data platform, announced last Friday it has raised $3.7 million to increase its international presence and strengthen its product. The Geekdom Fund, Otter Consulting, Techstars and Austin-based Lontra Ventures participated in the seed round. This funding marks OneModel’s first major round since its 2014 launch. [Built In Austin]

 

scalefactor austin office
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ScaleFactor announces $2.5M seed round

The Austin startup providing small businesses with an automated bookkeeping solutions, ScaleFactor, closed a $2.5 million seed round on Thursday. NextCoast Ventures, Techstars Ventures, Firebrand Ventures, Matchstick Ventures, Edison Factory and Flyover Capital participated in the round. The funding will be used toward further enhancing its platform. ScaleFactor is also hiring for sales, support, onboarding and developer roles. [Built In Austin]

 

e2open austin
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E2open to acquire Zyme

Supply chain cloud platform E2open announced this week that it plans to acquire channel data management provider Zyme. Details of the deal, which is expected to close in the next few weeks, were not disclosed. The acquisition will help E2open provide global manufacturers with the ability to automate operations management and business decisions at scale. [Press Release]

 

flosports austin
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FloSports lands Big Ten contract

FloSports, the Austin-based sports streaming platform, announced that it has locked in a four-year deal with Big Ten Network. The contract allows FloSports to distribute over 1,000 non-televised Big Ten events including basketball, hockey, track, wrestling and volleyball through its discipline-specific subscription channels. [Press Release]

 

oracle austin office
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Oracle purchases more property in Southeast Austin

As construction teams continue to build out Oracle’s 560,000-square-foot campus in Southeast Austin, the tech giant purchased another plot of land directly south of its unfinished office. Oracle did not issue a statement regarding the purchase; however, public records indicate the sale includes six acres of land at 2225 Elmont Drive. The Travis Central Appraisal District most recently valued the land at about $3.9 million, according to Austin Business Journal. [Austin Business Journal]

 

capital factory houston
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Capital Factory launches $100K diversity investment challenge to Houston startups

Capital Factory continues to expand its presence throughout Texas with its recent announcement of a $100,000 investment challenge for Houston startups with diverse founding teams. Houston’s challenge follows Capital Factory’s diversity challenges in Dallas in October and Austin in September. Capital Factory’s founder and executive director Joshua Baer told Austin Business Journal he and his Capital Factory team hope to get more entrepreneurs involved and connected with the tech sector. [Austin Business Journal]

 

accruent austin office
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Accruent acquires asset management solution

On Tuesday, Accruent announced it had acquired Amsterdam-based BlueCielo, an asset lifecycle information management provider. The acquisition will allow Accruent to add engineering information management solutions to its suite of physical management platforms. This week’s deal follows Accruent’s ongoing acquisition plans that included the recent purchases of Lucernex and Verisae. [Press Release]

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