Software Company LightArrow Raises $1 Million
LightArrow Inc, an Austin-based mobile software maker, has raised $1 million in financing. The capital came from two investors, and is in addition to a round of funding that netted $500,000 in 2010. Currently there are no details on how LightArrow will plan to use the funding. LightArrow’s primary mobile app is LifeTopix, a calendar-based …
$38.5M Plan for New Downtown Austin Offices
Travis County officials are considering a $38.5 million plan to construct a new 170,000-square foot office building in downtown Austin. The building would be located at the corner of West 11th and San Antonio, and would house the district attorney’s office and other court-related departments. Travis County purchased the land this past December for $7.25 …
Downtown Austin Retail Space Owner Sells Another Shopping Center
Downtown Austin retail space located at 1214 W Sixth was recently sold to Dallas based real estate developer and investor, Paul Cheng. The former owner, local entrepreneur and investor Whit Hanks sold the property for an undisclosed price however according to the Travis Central Appraisal District the assessed value of the property was more than …
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Q2ebanking Closes $20 Million Series C Financing
Q2ebanking, a company that is making online banking services more secure as well as making them more accessible via mobile and phone has announced the closing of $20 million in Series C funding. Batter Ventures and Adams Street Partners led this round of financing which will be used to research and develpment as well as expand …
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App-Developer Chaotic Moon Studios Receives Funding
Chaotic Moon, an Austin-based app developer, has recently received funding from the talent agency William Morris Endeavor. Chaotic Moon has worked with a variety of big-named clients, like Marvel Entertainment. Although the amount of financing wasn’t disclosed, William Morris did receive a significant stake in the company. Chaotic Moon currently has 60 employees and expects …
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Peloton Commercial Real Estate Expands into Austin
There is a new commercial real estate company in Austin, Tx! Dallas based Peloton Commercial has just declared that it will expand to Austin. This will be the 4th Texas office for the company which also has offices in Dallas, Fort Worth, and San Antonio. The company was founded in 2002 and since then it has …
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Mozido Grows Austin Office Presence
Austin-based startup Mozido is expanding its office operations in Austin, which recently included moving its Dallas-based technical staff here. The 6-year-old company wants to become a top provider of mobile payments services for consumers that don’t have established banking relationships in the United States. Mozido currently employs 45 people in Austin, and that number is …
Wheel InnovationZ Raises $868K
Austin-based Wheel InovationZ Inc. has raised $868,000 in financing. The financing comes from three separate investors. Wheel InnovationZ was founded in 2011 and develops an “all-encompassing unified application store”. The company joined the Austin Technology Incubator in 2012, and is led by Srini Gurrapu, its founder and CEO. Srini Gurrapu has previously worked at Neoteris …
