Tag Archives: University of Texas at Austin

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Why Ethernet Inventor Bob Metcalfe is an Internet Optimist

[Editor’s note: This is part of a series examining the internet’s first 50 years and predicting the next half century. Join Xconomy and World Frontiers Forum on July 16 for [email protected], an event exploring the internet’s past and future.] Right alongside Moore’s Law, which describes the exponential growth in computing power since the 1960s, there’s Metcalfe’s […]

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NASA, Liongard, Springdale, TFF, HX, [email protected] & More TX Tech

[Updated 6/07/19, 1:00 pm ET. See below.] Let’s catch up with the latest innovation news in Texas. —NASA has selected a Houston space tech company as one of three firms with a contract to design, build, and send spacecraft to the moon with experiments and other packages, according to a press release. Intuitive Machines makes the […]

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Funds for Richard’s Rainwater, New CPRIT Executive, & More TX Tech

—Pinpoint, an Austin startup that makes analytics tool to measure software engineering’s contribution to businesses, has raised $13.5 million in a Series A funding round led by Bessemer Venture Partners. Other investors include Storm Ventures, Boldstart Ventures, Bloomberg Beta, Slack Fund, Social Capital, and Cherubic Ventures. The new money brings Pinpoint’s total funding to $16.5 million. […]

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Investing, Real Estate, In-Game Ads: Sputnik ATX’s Third Accelerator

Austin—[Updated 3:48 p.m. See below.] Startup accelerator Sputnik ATX has a picked five startup companies for its newest program, the third Sputnik has run. That includes software makers and entrepreneurs focused on investing, commercial real estate, advertising for gaming, and building websites. Founded in 2017, Sputnik ATX runs two programs annually, selecting a group of five […]

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Get Off the Bus: Austin’s Hitch Offers Car Rides to Houston and Back

Austin—In just a handful of years, people with smartphones have flocked in droves to ride-hailing services like Uber and Lyft to get around town. Now, an Austin, TX-based startup wants to help travelers take trips out of town. Hitch, which launched its service last month, has adopted the popular ride-sharing model for trips between Houston […]

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Hospital Robots, Vista Bets on Diversity, Cocktails, & More TX Tech

Let’s catch up with the latest innovation news in Texas. —Two Texas startups have been named to the inaugural 2019 cohort of the LaunchPad Lift program, which is organized by Blackstone LaunchPad and Techstars. One of them, Lazarus, is a Texas A&M University spinout developing ammunition that minimizes blood loss to preserve life after penetration. […]

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TMCx, Microsoft Buys XOXCO, Self Lender Raises $10M & More TX Tech

Let’s catch up with the latest innovation news in Texas. —The Texas Medical Center’s accelerator TMCx graduated its seventh class of startups, 23 health IT companies which included nine international startups. Erik Halvorsen, director of the TMC Innovation Institute, said that in the four-month program, the startups had signed four agreements each, including strategic partnerships, […]

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Upland Software, Bumble in India, Cratejoy Layoffs, & More TX Tech

Let’s catch up with the latest innovation news in Texas. —One of the awardees of the prestigious MacArthur Foundation Fellowships, aka the “genius grants,” is a University of Texas at Austin professor. Lisa Schiavianto Eberlin is a chemistry professor and her research led to the development of the MasSpec Pen, which UT says enables a […]

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Spredfast Merger, Opcity Acquired, Disco Relocates & More TX Tech

[Updated 9/5/18 12:54 pm. See below.] Let’s get caught up with the latest innovation news in Texas. —Spredfast, an Austin developer of social media management software, has merged with San Francisco-based Lithium Technologies, the companies announced Tuesday. Terms of the deal were not disclosed. Lithium, founded in 2001, makes software for digital customer engagement. Last year, Austin-based […]

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Austin Group Joins Other Tech Efforts to Promote Responsible AI Use

Artificial intelligence is poised to infiltrate nearly all aspects of human life. Given this development, technologists are focusing on how to ensure the technology usage is governed by ethics. “The general rule is that power begets responsibility,” says Michael Stewart, founder and CEO of Lucid AI, an AI startup in Austin. “If you’re bringing in a […]

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