Finishing up the month at over $31 million, Caringo led Austin tech companies with the biggest funding round of September. Compared to August, venture capital decreased by $37 million. Here are the largest funding rounds from September.
4. Aceable, $4M, Sept. 26
Investors: Silverton Partners and Floodgate Ventures.
Bio: Aceable developed an online education platform providing over 300,000 users with a new means of earning their driver's education certification and defensive driving.
News: The funding will allow the team to move into new verticals that require professional certifications, like nursing, corporate HR, food safety and real estate. Read more here.
3. Continuum Analytics, $4M, Sept. 1
Investors: Non-disclosed
Bio: Continuum Analytics develops Anaconda, powered by Python, the leading modern open source analytics platform.
News: The company recently announced a partnership with IBM to advance open source analytics for the enterprise. Read more here.
2. CollabIP, $8M, Sept. 26
Investors: Non-disclosed
Bio: The CollabIP team creates the cloud-based and AI-powered Tethr service, which provides customer insights for companies by securely listening to customer phone conversations.
News: Tethr, CollabIP's first launched platform, takes a user-centered approach, letting users search, playback, and share their meetings with other people or the business apps they use the most in real time.
1. Caringo, $8.8M, Sept. 29
Investors: New Science Ventures and Advantage Capital Partners
Bio: Founded in 2005, Caringo helps customers unlock the value of their data and solve issues associated with data protection, management, organization and search at massive scale. Caringo’s flagship product, Swarm, eliminates the need to migrate data into disparate solutions for long-term preservation, delivery and analysis—radically reducing total cost of ownership.
News: The latest capital infusion will be leveraged to continue the company’s development, marketing and distribution of Swarm. Read more here.
5. TenantCloud, $1.5M, Sept. 2
Investors: UserFriendly Media LLC and angel investors
Bio: TenantCloud developed a rental accounting and management platform for renters, landlords and service support.
News: The company plans to use the capital to grow the business by hiring 10 workers, establishing partnerships and expanding the number of services to which it connects users.
Images provided by Facebook and company websites.
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