6 Austin startups get funding within the last week
The last week has been filled with fundraising news, as six Austin startups reported an influx of capital totaling over $56 million. Opcity led the week with $27 million, the highest Series A raised locally this year. Illumitex, Dropoff, TreeHouse, WayBlazer and eRelevance also raised funds. [Built In Austin]
Google acquires Owlchemy Labs
On Wednesday, Google announced it has acquired the Austin-based VR-gaming studio Owlchemy Labs. Details of the acquisition were not disclosed; however, Owlchemy Labs will continue to develop VR content with the backing of the global tech giant. The studio launched in 2011. [Press Release]
Forcepoint announces new VPs
Forcepoint added two new VPs this week to drive the cybersecurity company's continued growing partnerships with international governments. Joining the team is Tim Solms as senior vice president and general manager for Forcepoint's Global Governments business and Sean Berg as vice president of sales for global Governments Business. [Press Release]
Press Cleaners adds 3 new markets
Launched in August of 2016, the Austin startup Press Cleaners now offers on-demand pickup and drop off dry cleaning and laundry services to seven markets in Texas and one in Oklahoma. Press announced earlier this week that it has expanded into the Dallas-Fort Worth, Houston and San Antonio markets. The company enlists local businesses in their markets to do the laundry and dry-cleaning services as “virtual franchisees,” while Press takes care of the billing, marketing and other back-end operations for that market. [Press Release]
Pristine acquired by Upskill
On Tuesday, Austin-based Pristine announced it had been acquired by Upskill, an enterprise software provider for AR devices. Pristine, founded in 2013, develops AR collaboration and video streaming wearables for enterprises in life sciences, industrial and manufacturing environments. Through the acquisition, Upskill will now offer Pristine’s portfolio of field-worker visual solutions. [Press Release]
Dell Technologies Capital out of stealth, investing nearly $100M annually in startups
Although Dell Technologies Capital, the venture firm out of Dell Technologies, has been actively investing in startups for several years now, its president Scott Darling announced this week that it is officially out of stealth. Since its inception a few years ago, the VC firm has invested in more than 70 early-stage startups, with a focus on technologies in the areas of storage, software-defined networking, management and orchestration, security, machine learning/artificial intelligence, Big Data, cloud, IoT, and DevOps. [Press Release]
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