ZenBusiness raised $55M. Its platform helps early entrepreneurs create an LLC or corporation for free. Cathay Innovation led the Series B. [Built In Austin]
ActivTrak got $50M. It offers a software system for employers that automatically tracks employees’ digital activity. Sapphire Ventures led the Series B. [Built In Austin]
Eight Austin companies made the Fast 500 list. Deloitte released its 2020 Technology Fast 500 list. OJO Labs from Austin ranked 29th overall with a 7,785 percent revenue growth. [Built In Austin]
ClosedLoop.ai raised $11M. It offers a machine learning platform that healthcare data scientists can either use to build their own predictive models or utilize their off-the-shelf algorithms. Greycroft and .406 Ventures led the Series A. [Built In Austin]
Botany AI seeking $3M. The startup uses precision fermentation to create animal-free protein. The company pitched at Austin Technology Incubator’s Demo Days. [AustinInno]