GoStudent’s New HQ, Next Coast Ventures Got $310M, and More Austin Tech News
Catch up on the latest Austin tech news, including a venture firm raise, new leadership and a startup relocating to Silicon Hills. This is the Built In Austin weekly refresh.
GoStudent opened an Austin HQ. GoStudent, an e-learning platform, announced it is expanding with a new U.S. headquarters in Austin. Europen-based GoStudent provides video-based tutoring for over 30 subjects for grades K-12. The company plans to grow the Austin team to over 130 employees throughout the year. [PR Newswire]
Next Coast Ventures gained $310M. Next Coast Ventures, an Austin-based venture firm investing in startups in the “Next Coast” markets, received $310 million. The venture firm classifies “Next Coast” markets as Texas and other emerging technology hubs. The six-year-old firm now has more than $520 million in assets under management. [BusinessWire]
AUSTIN TECH QUOTE OF THE WEEK
Slingshot Aerospace received a $25.2M contract. Slingshot Aerospace draws data from aerial objects to create a map of space. The Austin-based company gained a $25.2 million, 39-month contract from the U.S. Space Force to create a version of the Slingshot Laboratory training product and Slingshot’s Digital Space Twin. [Built In Austin]
Pingboard hired a new CEO. The HR, employee engagement and retention company announced Laith Dahiyat as its new CEO. Dahiyat brings more than two decades of e-commerce and software experience to Pingboard. [Yahoo! Finance]
Betterleave Bereavement launched its platform. The Austin-based Saas company launched its comprehensive bereavement platform for health plans and employers. It helps coordinate funerals, assist in financial planning and connects users with grief support resources. [PR Newswire]