With fresh venture capital raises and a new executive hire, find out the latest in the Austin tech sector and what these companies are planning after last week’s moves. This is the Built In Austin weekly refresh.
Rocket Dollar got $8M. The company offers a platform that enables users to invest their retirement savings in alternative assets like real estate, crypto, startups and lending. Rocket Dollar closed on a Series A funding round led by Park West Asset Management to invest in product development, customer experience, cybersecurity and the expansion of investment education and content on its platform. [Built In Austin]
Calendly appointed a new CCO. Joining the company’s team as chief customer officer is Tina Dobie, formerly of companies including WP Engine and Bazaarvoice. Calendly offers a solution for meeting scheduling for enterprises and individuals. Dobie will be responsible for leading customer onboarding teams, driving product adoption, providing strategic account management and delivering customer education and support. [Calendly]
Austin tech quote of the week
Eventus Systems pulled in $30M. Serving financial institutions with its solution for helping solve regulatory challenges and manage financial risk, Eventus has seen significant growth, increasing its workforce from 15 to 55 worldwide. Now after its Series B investment led by Centana Growth Partners, the company is expanding its software’s capabilities and delving into the foreign exchange market. [Built In Austin]
GenXComm pulled in $20M. Building private networking solutions, GenXComm’s tech allows wireless channels to transmit and receive signals simultaneously on the same frequencies. With its fresh Series B capital led by Motive Companies, the startup is planning to invest in product development and the commercial launch of its private 4G LTE and 5G networks. [FinSMEs]