Concerto Gained $21.2M, Measured Raised $21M, and More Austin Tech News
Start off the month by catching up on the latest news coming out of the Austin tech scene. The warm temperatures are not letting up and neither are the companies in Silicon Hills. This is the Built In Austin weekly refresh.
Ownwell gained $5.75M. Ownwell, previously known as realAppeal, is a company helping property owners with their taxes. The seed funding round, led by First Round Capital, brings its total funding raised to $7.5 million. The funding will be used to expand its teams. [BusinessWire]
Concerto raised $21.2M. Austin-based Concerto is a fintech company founded to provide better credit card programs with co-branded cards. The company secured a funding round led by Matrix Partners, with PayPal Ventures and GoldenTree Asset Management participating. A joint venture will be formed between GoldenTree and Concerto to fund $2 billion in credit card receivables. [TechCrunch]
AUSTIN TECH QUOTE OF THE WEEK
Measured gained $21M. Measured is a marketing analytics company that does not rely on multi-touch attribution to track users. The company raised $21 million in a funding round led by Telescope Partners. The funding will be used to fuel product development and to add 45 new members to the team. [Built In Austin]
Molecula gained its SOC 2 Type 2 certification. Molecula is an Operational AI tech company that allows for complex data analysis through its platform. After an evaluation and audit, the company received its SOC 2 Type 2 certification, which establishes its credibility and reliability. [Molecula]