Crossroads Systems Raises $8.6M

Austin based software maker Crossroads Systems has raised $8.6 million in financing. Crossroads Systems was founded in 1996 and develops software for enterprise storage and cloud computing. The company currently employs 99 workers and its latest product, StrongBox, is used to manage tape systems for archiving information. This round of financing was collected in a …

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RetailMeNot Raises $87M

Austin based online coupon supplier ReatilMeNot has raised $87 million in financing. The financing comes from 11 investors, and is in addition to $150 million funding it receiving in 2011 from three investors. Founded in 2007, RetailMeNot provides discount coupons for retailers. The company employs 330 workers in Austin. Company executives have considered an initial …

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Google Fiber Coming to Austin

According to various news sources, Google is preparing to bring its ultra-high-speed broadband service to Austin. Google and Austin city officials will introduce Google Fiber on Tuesday, and the project will make Austin the second city to receive Google’s broadband service. Analysts say that Google Fiber will have a positive impact on both households and …

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