Weekly Refresh: OutboundEngine and Alegion Raise Funding

August 19, 2019
photo via shutterstock

OutboundEngine scores $14.3 million to expand into new industries. The Austin-based company’s marketing software manages everything from websites to email, text message and social media marketing for small businesses. OutboundEngine told Crunchbase News that it has hired nearly 40 new salespeople in the past three months alone. [Crunchbase News]

Alegion snags $12 million to ease the tedious job of AI data labeling. The platform takes companies’ raw data and makes it useful by labeling that it. Alegion plans to go on a hiring spree with the fresh funds, growing from 58 employees to 100, specifically in sales and marketing. [Built In Austin]

Inc. Magazine named the 5000 fastest growing companies, and Austin continues to make a name for itself. Ranked are private companies who began generating revenue in 2015. SupportNinja, Simply NUC and AlertMedia are just three of the Austin tech companies that scored a place on the prestigious list. [Built In Austin]

ClearDATA, a cloud healthcare company, adds Reed Taussig to its board of directors. Previously president and CEO of ThreatMetrix Inc., Taussig will be responsible for long-term financial strategies. [Press Release]

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