TeleStax raises $2.4 million
TeleStax, an Austin company that develops open-source communications platforms, recently raised $2.4 million from four undisclosed investors. The company did not issue a statement. In September, Frost & Sullivan recognized Telestax with the 2018 North American Enabling Technology Leadership Award for its cloud-based, white-label Restcomm platform. [FormDs]
Local scooter company GOAT gets acquired
GOAT, the Austin-based scooter company that launched last May announced this week that it has been acquired by Seamount Consulting for an undisclosed amount. GOAT will continue to operate under the same name. Seamount Consulting has existing partnerships with ride-sharing scooter manufacturers in China and will begin selling GOAT scooters this month with U.S. and E.U. subsidiary companies that provide cloud-based local management platforms. [Press Release]
Google leases entire highrise
Per the Austin Business Journal, Google has leased all 35 floors of the yet-to-be-finished tower known as Block 185, at 601 W. 2nd Street. Google has not commented on its latest real estate venture, but an unnamed source has confirmed the deal (as well as an Austin real estate developer who shared the information during a fourth-quarter earnings presentation). The company currently employs about 800 individuals in its Austin office located on West 2nd Street. [Austin Business Journal]
Following huge January funding, DISCO announces European hirings
Near the end of January, DISCO raised $83 million to help grow its international presence. The legal tech e-discovery platform relocated its headquarters from Houston to Austin over the summer and opened a London office in October. Now, the company has made key leadership hires overseas to lead the growth of its international client base. Rich Bowes has joined DISCO as its director of professional services for Europe, and Philip Demetriou signed on as director of sales for the U.K. and European Union. [Press Release]
PHOTO CREDIT: JOHN DAVIDSON/HYPERGIANT.
Hypergiant acquires space satellite company
As part of its plans for a new aerospace division for space exploration, Austin-based Hypergiant Industries has acquired Satellite & Extraterrestrial Operations & Procedures. The Houston-based company sends satellites into space and will fall under Hypergiant’s Galactic Systems branch. Data from the satellites will be merged with data collected from the ground to help predict what’s coming and address issues that are currently happening. Think: fires and agricultural growth. [Houston Chronicle]
eMDs acquires Aprima Medical Software
Last week, eMDs announced that it has acquired Aprima Medical Software, an electronic health record, practice management and revenue cycle solutions provider to ambulatory care organizations. The combined company will operate as eMDs and Aprima, an eMDs company, until the integration is finalized. eMDs CEO Derek Pickell will lead the organization, and Aprima’s CEO Michael Nissenbaum will serve as an advisor during the integration. [Press Release]
