Cloudera appointed president and CEO. Robert Bearden formerly served as an executive for software companies like Hortonworks and SpringSource. Cloudera offers an enterprise data cloud solution. [Press Release]
Locale raised $11M. The short-term apartment rental company competes with the likes of Airbnb and The Guild in the hotel alternative space. The Series A round allows Locale to expand its footprint to new cities like Denver and Charleston. [Built In]
FlashParking gained $60M. The cloud-based startup offers real-time data, pricing and management for parking space providers. The financing came from private equity firm L Catterton. [Built In]
One Model gained sidecar equity funding. The startup compiles and analyzes data from other systems to help human resource teams. The fundraising round was amended from a previous report in October 2019, and brought the company's total funding raised to $2.3 million. [Austin Business Journal]
Meet Techstars' newest companies. A number of Austin startups are currently participating in the organization's accelerator program. Each has 13 weeks, an investment of $120,000 and hands-on mentorship to help them grow. [Techstars]