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Farmhouse Delivery acquires Bento Picnic
Farmhouse Delivery Inc. acquired Austin-based Bento Picnic this week. The acquisition of the meal kit company will allow Farmhouse Delivery to expand their offerings. [Farmhouse Delivery buys Austin meal kit company, plans expansion: Austin Business Journal]
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Milestone opens office in Austin
Bay Area IT services company Milestone technologies has opened an office in Austin, due to the city's vibrant tech sector. Milestone said it is hiring for its office, but did not say how many it expects to hire in the new location. [Milestone Technologies Sets Up Office In Austin: Texas Tech Pulse]
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RealMassive Expands Leadership Team
RealMassive, the first data provider to deliver open access to the commercial real estate industry, announced several key expansions to its leadership team this week, including the appointment of marketing veteran Michael Westgate as Vice President of Marketing and promotion of Zach Watkins to Director of Data Operations. Westgate was most recently Head of Marketing at W20 Group, where he was responsible for the company's overall marketing strategy as well as audience analytics and digital communications planning for top entertainment and technology clients. Westgate spent nearly four years at Microsoft, most recently on the US SMB Team covering customer acquisition and social media strategy.
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Lone Star State holds on to #2 spot in CNBC business rankings
Texas held on to its title as the second best state in the country for business, according to CNBC’s 2015 rankings. The Lone Star State beat out every state in the country except Minnesota – which isn’t too shabby. Every year CNBC ranks the 50 states according to 60 different business and economic metrics. This year, Texas scored 1,580 points out 2,500 – which sounds like a low D, but compared to other states it’s actually pretty good. [Built In Austin]
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Dropoff raises $7M Series A to fuel expansion
Austin-based logistics company Dropoff has raised a $7 million Series A round of funding to fuel expansion into new markets. The investment was led by Greycroft Partners, with participation from new and existing investors, including Correlation Ventures, Texas Atlantic Capital, and Wild Basin Investments. [Built In Austin]
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Community TechKnowledge acquired by Social Solutions Global
Social Solutions Global Inc. acquired Austin-based Community Techknowledge Inc. this week. This acquisition will provide the market with the most comprehensive suite of outcomes and case management solutions. The deal extends and solidifies SSG’s position in the market and provides unparalleled capabilities to customers. Current CTK customers will benefit from SSG’s global presence, name recognition, expansion into the public sector, and broad investment in infrastructure.
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