BlazingDB raises $2.9M from NVIDIA
BlazingDB, an Austin startup providing an accelerated GPU database for big data SQL, raised $2.9 million from NVIDIA last week. The company was one of three AI startups to receive funding from NVIDIA as part of its support for the GPU Open Analytics Initiative, which encourages growth of GPU computing in accelerated analytics. [Press Release]
Carnegie Technologies announces Austin as its global HQ
On Wednesday, Carnegie Technologies officially moved into its new global headquarters in North Austin. The company launched in 2010 and develops wireless connectivity solutions for mobile and IoT. CEO Paul Posner said they moved to Austin to dip into the city's tech talent and strong tech community. As Carnegie Technologies grows its Austin presence, the company will keep its existing employees and offices in San Antonio, Ontario, United Kingdom, Australia and Serbia. [Press Release]
SparkCognition recognized as Red Herring Top 100 Global winner
Red Herring released its 2017 list of Top 100 Global winners last week, honoring tech companies from Europe, North America and Asia leading innovation. Austin-based SparkCognition earned recognition this year for its AI solutions, which protect and analyze data from industries including energy, oil and gas, manufacturing, finance, aerospace, defense, and security. [Press Release]
ScaleFactor names new VP of customers
Following its $2.5 million Series A funding last month, ScaleFactor announced on Thursday that it has named David Loia VP of customers. The Austin startup provides accounting software for small businesses. Loia, who joins the team from previous roles at Iconixx, Zenoss and Humantelligence, will oversee ScaleFactor’s global sales and marketing initiatives. [Press Release]
CognitiveScale welcomes IBM retiree to advisory board
On Monday, augmented intelligence firm CognitiveScale announced Robert LeBlanc will join its advisory board. LeBlanc led a career at IBM for more than 30 years, where he helped develop IBM WebSphere and IBM Design and establish IBM’s cloud services as a leader in the market. He retired from his SVP role in July of this year. [Press Release]
Built In Austin CEO named Crain’s 40 under 40
Maria Christopoulos Katris, CEO and co-founder of Built in Austin, was named one of Crain’s 40 under 40 this year. The list pays homage to 40 Chicago influencers in tech, business and nonprofit who have yet to turn 40 years old. Under the guidance of Katris, Built In’s tech news and recruitment platform has expanded to six markets: Chicago, Colorado, Austin, LA, NYC and Boston. [Crain’s]
