The 5 largest reported fundings in Austin in June

Written by Tessa McLean
Published on Jul. 01, 2015
The 5 largest reported fundings in Austin in June

June was a busy month for local digital tech startups, with over 18 companies raising a round of funding. Here is a look at the five largest fundraising efforts of the last month.

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5. Iconixx, $4.5M, June 16

Investors: Ballast Point Ventures
 
Bio: Iconixx Software is a provider in cloud based Sales Performance Management and Incentive Compensation Management solutions. 
 
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4. Bee Cave Games, $5.5M, June 1

Investors: Matrix Partners

Bio: Bee Cave Games was founded in 2012 by game industry veterans with the mission to entertain the world with the best casino games.

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3. Lawnstarter, $6M, 

Investors: Binary Capital

Bio: LawnStarter combines modern technology, customer service, and professional lawn care expertise to make lawn care the easiest experience ever.

News: This round of funding comes just six months after the startup raised $1 million to help expand into new markets. They plan to use this round to do extensive hiring. 

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2. Dropoff, $7M, June 23

Investors: Greycroft Partners, Correlation Ventures, Wild Basin Investments, Texas Atlantic Capital

Bio: Dropoff solves same-day delivery challenges for business by offering an experience built on convenience, reliability and unmatched service, all powered by a proprietary technology platform. 

News: This round of funding will be used to fuel expansion into new markets. 

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1. TabbedOut, $21.5M, June 5

Investors: New Enterprise Associates, Wellington Management, Morgan Creek Capital Management

Bio: TabbedOut is a mobile payment app available at thousands of locations nationwide and has integrations with over 70 percent of the U.S. service and hospitality POS providers. 

News:  The new funds will be used to continue to accelerate user acquisition, create integrations with other mobile consumer services and expand into 20 new U.S. markets. They hope to expand internationally eventually.
 
 
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