QuotaPath Gained $41M, Clerk Raised $30M, and More Austin Tech News

Here’s what you may have missed in the world of Austin tech news.

Written by Delilah Alvarado
Published on May. 02, 2022
QuotaPath Gained $41M, Clerk Raised $30M, and More Austin Tech News
Photo: Clerk
Photo: Clerk

The Austin tech scene closed out the month with expansions, hiring initiatives and other news. See what you might have missed in the Built In Austin weekly refresh.

QuotaPath gained $41M. QuotaPath provides sales teams with the software needed to track commissions. The company raised this Series B round just nine months after raising a Series A round of $21.3 million. The company is currently hiring for multiple positions. [Built In Austin]

Clerk raised $30M. Clerk works at digitizing brick-and-motor stores, specifically grocery chains. After raising a Series A round two years ago, Clerk has been able to launch Grocery TV, an advertising network with screens at checkout aisles. The company plans to install over 3,000 next month. The $30 million Series B round will be used to grow the team and partnerships, as well as product development. [TechCrunch] 

AUSTIN TECH QUOTE OF THE WEEK

“Source code is the key component of software. At SonarSource, we enable companies to make this source code an asset rather than a liability. This delivers huge value, especially when you know this is done as part of the development process and requires no extra effort.” – SonarSource co-founder and CEO Olivier Gaudin

SonarSource is expandingSonarSource is a Switzerland-based company that is expanding its presence in Austin after a $412 million funding round. The company allows software engineers to find security vulnerabilities and provide clean code. The company will soon move its Austin office to 206 E. Ninth St. SonarSource plans to add 150 Austin employees over the next two years. [Built In Austin]

BigCommerce acquired BundleB2B. BigCommerce works with B2C and B2B brands to grow their businesses with its e-commerce platform. The company acquired BundleB2B, a partner of BigCommerce meant to work exclusively with B2B merchants. The integration will provide a wider range of solutions on the BigCommerce platform. [BusinessWire]

Hiring Now
Iodine Software
Artificial Intelligence • Healthtech • Machine Learning • Natural Language Processing • Software