Tech roundup: JASK plans to double Austin headcount, TrendKite's 2 acquisitions and more

by Kelly O'Halloran
July 5, 2018
jask austin
photo via shutterstock

JASK raises Series B with plans to double Austin headcount

JASK, a California-based cybersecurity startup with a second headquarters in Austin, raised a $25 million Series B last week. Kleiner Perkins led the round, which included participation from existing investors Battery Ventures, Dell Technologies Capital, TenEleven Ventures and Vertical Venture Partners. June’s funding announcement brings JASK’s total funding to $39 million since its 2015 launch. The company has 50 employees locally, with plans to double its headcount by the end of the year. [Press Release]

 

cerebri ai team
photo provided by cerebri ai

Cerebri AI secures $5M investment

Microsoft’s venture fund, M12, led Cerebri AI’s $5 million Series A. The startup, which develops AI capable of detecting and predicting when a customer is ready to purchase, will use the funding to grow its operations and support teams. The University of Texas Horizon Fund, WorldQuant Ventures and Leawood Venture Capital also participated in the round. [Built In Austin]

 

trendkite
photo credit: rudy Arocha

TrendKite makes two acquisitions to boost PR platform

TrendKite announced that it has made its first acquisitions with the purchase of two social tech companies to bolster its PR analytics solutions. Insightpool, which provides a database of social media influencers, and Union Metrics, which tracks social conversations around a news story, will now be integrated into TrendKite’s platform. TrendKite CEO Erik Huddleston said that as of right now, the two products will be packaged as standalone products. Both companies’ teams will move forward as part of TrendKite. [TechCrunch]

 

tenantcloud
photo via shutterstock

TenantCloud adds $3M in funding

TenantCloud, the Austin startup behind the rental accounting and management platform, closed just over $3 million in funding according to a filing with the state. Four undisclosed investors participated in the round, which puts TenantCloud’s total fundings to nearly $5 million since its 2014 launch. The company did not issue a statement. [FormDs]

 

favor
photo provided by favor

Favor offers free beer and wine delivery through the end of summer

Favor will deliver beer and wine in under one hour through the end of summer from selected H-E-B locations throughout Texas. The on-demand delivery service, which H-E-B acquired in February, said alcohol delivery is its most requested service. Those ordering must be 21 years or older and will be required to show ID at time of delivery. [Press Release]

 

mood media
photo provided by mood media

Mood Media purchases Alabama branding firm

Austin-based Mood Media has acquired Focus4Media, a branding firm out of Alabama that creates sensory experiences. The move is part of Mood Media’s strategies to strengthen its core audio and visual markets. [Press Release]

 

uship austin
photo provided by uship

uShip and Shipworks partner to help sellers ship oversized goods

uShip has paired up with Shipworks to help Shipworks clients ship oversized goods. Customers will be able to access rates and book shipments directly from uShip’s network of less-than-truckload carriers for oversized, palletized orders or for moving goods between inventory warehouses. [Press Release]

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