From new funding announcements to groundbreaking tech partnerships, catch up on the latest tech news from Silicon Hills. Read about Adam Lyons’ new blockchain venture to create a mobile network. Or catch up on Striveworks’ newly announced partnership with Microsoft. This is the Built in Austin Weekly Refresh.
Grazzy was featured in Built In’s Future 5 series. Grazzy is a fintech company that developed a platform enabling service workers to earn more tips and get their money on the same day. The company was founded by Russell Lemmer and has raised $6.8 million in funding. Lemmer wants to develop new products for service workers and expand into more hotels and restaurants nationwide. [Built In Austin]
Five Austin tech companies raised a collective $265M last month. In February, five local tech companies spanning several industries raised a combined $265 million. This total consists of the five largest funding rounds closed over the course of the month. Industrial Sun, a solar energy company, raised the most money after securing a $90 million investment. Other companies that raised large funding rounds included ProsperOps, Atmosphere, VUV Analytics and REALLY. [Built In Austin]
Austin Tech Quote of the Week
“Smartphones and mobile networks have become indispensable, yet most people don’t love their service provider. We are building a better, more affordable phone service allowing communities to build equity and support their neighbors by using their cell phones. No other network exists that truly puts the ability to create and power the network in the hands of users like this.” — Adam Lyons, founder and CEO of REALLY
REALLY secured $18M. Adam Lyons, the founder of The Zebra insurance marketplace, recently founded and launched REALLY. The new company helps people shop for phone planes and will soon launch a mobile service built with blockchain technology. The $18 million seed round was led by Polychain. [Built In Austin]
Striveworks collaborated with Microsoft. Striveworks is a data platform that helps companies analyze their data troves. Last week, it announced plans to collaborate with Microsoft, enabling Microsoft Azure clients to leverage Striveworks’ technology. [PR Newswire]
Ooni launched new pizza ovens. Ooni develops home pizza ovens that can reach up to 950 degrees Fahrenheit. Last week, the company launched two new ovens, one of which can cook deep-dish, Detroit-style pizza. Ooni was founded in 2012 in Scotland and opened its U.S. headquarters in Austin last year. [PR Newswire]
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