Personify gains strategic investment from Pamlico
Personify, a software provider for constituent-focused organizations, announced a strategic investment from Pamlico Capital. Terms of the deal were not disclosed, but the funding will be put toward product acceleration of Personify’s end-to-end constituent management and engagement platform. This week’s news follows last year’s announcement that Personify acquired Wild Apricot, a member management platform for small associations, clubs and nonprofit organizations. [Press Release]
HomeAway opens new office at The Domain for 140 employees
With construction well underway for its 16-story high rise at The Domain in North Austin, HomeAway opened another Domain office this week with room for up to 140 employees. The new location, dubbed Domain 3, sits just a few blocks away from the high rise and includes 20,000 square feet of space with a futuristic interior design. Product and development teams will fill out the office, which will act as a testing ground for some of the concepts being evaluated for Domain 11. [Press Release]
Accruent acquired for $2B
Fortive Corp announced on Tuesday its plans to acquire Austin-based software maker Accruent for $2 billion in cash from Genstar Capital. The move deepens Fortive’s digital unit, which includes a portfolio of connected devices, software enabled workflow and data analytics solutions. The deal is expected to close in the third quarter of this year. [Press Release]
VUV Analytics raises $2M
VUV Analytics, a local company building vacuum ultraviolet technologies for chemical analysis accuracy, raised $2 million from four undisclosed investors. The company launched in 2009 and has since secured close to $10 million in funding. [FormDs]
MassChallenge announces top 16 startups from inaugural cohort
MassChallenge Texas announced the 16 finalists from its first cohort of 84 startups. The top startups will now compete for equity-free cash grants. The 16 startups include Abraxas Technology, AquaSprouts, Augmenta, Cloud 9, Cloud Dentistry, EQO, GrubTubs, NovoTheIlium, Partboyz Auto Parts, Popspots, Pay Your Tuition, Re:3D, Sempulse, The Mentor Method, Tiny House Coffee Roasters and ZPEG. Winners will be announced on Aug. 15 at an event at the Hyatt Regency Austin. [Press Release]
Cratejoy launches subscription box accelerator
Cratejoy is accepting applications for its six-week subscription box accelerator program. The accelerator will help entrepreneurs launch a subscription box business through provided education, community support and access to Cratejoy’s data and tools, network, and mentors. Applications must be submitted by end of day August 12. The program will begin on Sept. 4. [Press Release]
Optimizely opens Austin office
San Francisco-based Optimizely announced the opening of its Austin office this week, marking the software firm’s eighth global office location. The company, which develops customer experience optimization software, is hiring locally for engineering, tech support and customer success. [Press Release]
