Dosh raises $44M Series A
Dosh, a two-year-old Austin startup that provides automated consumer cashback payments, completed a $44 million Series A last week led by PayPal and Goodwater Capital. The funding will be put toward product development and hiring initiatives. Dosh’s director of recruiting Craig McKinney said the company plans to double its employee headcount by the end of 2018. [Built In Austin]
InKind files for $5.3M in new funding
The developer of HouseAccounts, a customer loyalty platform that offers restaurant patrons discounts for prepaying their meals, raised $5.3 million from 22 undisclosed investors, according to an SEC filing. The company did not issue a statement. [FormDs]
Flexera acquires Austin-based Meta SaaS
Meta SaaS, a local startup launched in 2016 that identifies unused software licenses for enterprises, announced on Wednesday that it has been acquired by Flexera. As part of the acquisition, Meta SaaS’ platform will be rebranded as Flexera Spend Manager and will join Flexera’s suite of technology asset management solutions. Meta SaaS founders Arlo Gilbert and Scott Hertel and their team will remain in Austin. [Press Release]
Unified opens Austin office
Unified, a data optimization platform for social advertising, announced last week that it has opened an Austin office to support its scaling efforts and its strategic partnership with Facebook. The team is currently set up at Austin’s newest downtown WeWork location at the Chase Tower, just a short walk from Facebook’s W. 6th street location. This is the company’s fourth office — other locations include New York City, San Francisco and Los Angeles. [Press Release]
EverlyWell hires new CFO
Joshua Stanley joined healthtech startup EverlyWell as its new CFO. Stanley comes to the organization from Austin-based Magnitude Software, where he held the title of VP of finance. The executive move follows a big year for EverlyWell, which included securing a deal on Shark Tank and surpassing over $6 million in sales for 2017. [Press Release]
Austin-based VC firm shoots for $50M inaugural fund
Trust Ventures, a local investment firm funded and backed by the Koch brothers, is actively raising a $50 million fund to invest in startups that challenge government regulation. The new firm launched this year and is led by partners Brian Tochman and Salen Churi. [Texas Tech Pulse]
