Weekly Refresh: Slingshot Aerospace Raised $8M, Tomo Hiring Hundreds, and More

Here’s what you missed in Austin tech news this week.

Written by Anna Holmquist
Published on Nov. 03, 2020
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Photo: Shutterstock

Steadily raised $3.8M. The insurtech startup lets landlords purchase insurance over the phone without an agent. Matrix Partners led the funding round. [Built In Austin]

Tomo brought in $40M. The home-buying startup plans to hire hundreds during the next three years. Ribbit Capital, NFX and Zigg Capital led the round. [Built In Austin]

Eagle Eye Networks gained $40M. Its video management system helps businesses with their video surveillance. Accel led the Series E round. [Built In Austin]

Slingshot Aerospace grabbed $8M. Slingshot offers situational awareness technology that processes large volumes of data from satellites, sensors, airplanes and drones. ATX Ventures led the Series A round. [Businesswire]

Hip eCommerce closed a $5M round. This tech company creates online marketplaces for buying and selling collectible items like stamps and comic books. Next Coast Ventures led the Series A round. [Businesswire]

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