Upland Software acquires Kapost
Following a funding raise of $138.6 million, Upland Software continues to grow by acquiring the marketing software company Kapost for $45 million. This is Upland Software’s twenty-second acquisition, following closely after acquiring PostUp, an Austin Based company. [Austin Business Journal]
Austin based investment firm Sante Ventures, closed its third fund at $250 million last week. Sante Ventures plans on using the funds to invest in 20-25 more companies, including Cryosa and DyaMC. The firm specializes in healthcare and life sciences and will continue investing in early-stage healthtech companies. [Built In Austin]
101 Commerce raises more money
101 Commerce, an Austin-based company on a mission to serve micro-brands, has raised $2.5 million, according to a regulatory filing. This funding comes after a Series A raise of $12.7 million led by Next Coast Ventures. [Austin Inno]
Calling all podcast listeners
Backtracks, a podcast analytics company based in Austin, recently raised a seed funding of $2.1 million dollars. As the podcasting market grows, Backtracks will continue to collect behavioral and performance data to drive audience growth within the emerging space. [Press release]
