[ibimage==33451==Original==none==self==ibimage_align-center]
Credit Shop raises $34.5M
Online loan provider Credit Shop raised $34.5 million of a planned $39.5 million financing from eight investors. The new infusion of capital will be used to fund loans as well as overall growth. CreditShop provides affordable loans to the underserved for emergency and everyday needs. Interest rates are socially responsible and conform to the federally mandated threshold of 36 percent. [Online lender Credit Shop raises portion of nearly $40M financing: Austin Business Journal]
[ibimage==33487==Original==none==self==ibimage_align-center]
Techstars Ventures raises $150M fund, propelling it into Series A investments
Boulder-based Techstars has closed a $150 million fund to foster the growth of its newest investment vehicle, Techstars Ventures 2014. The round, which marks the firm's third installment of financing, will allow it to invest in a network of companies at seed and Series A stages. This network includes startups emerging from its accelerator program, as well as companies founded and advised by Techstars alumni and mentors.
[ibimage==33452==Original==none==self==ibimage_align-center]
Querium gets $800K to keep students learning
EdTech startup Querium has raised $800,000 in financing from Tennessee-based ICG Ventures Inc. Capital will be used for product development and to support sales and marketing activities. Querium teaches online STEM learning through their platform. [Querium Raises $800K For STEM Tutoring Software: Texas Tech Pulse]
[ibimage==33453==Original==none==self==ibimage_align-center]
Revionics adds to company board
Revionics has named investor Joel G. Katz to the company's board. This comes only a month after the Austin-based end-to-end merchandising software company raised a $30M round of series D funding led by Goldman Sachs. These could be part of the twelve-year march toward an IPO since the company's founding in 2002. [Revionics Names New Board Member, Hinting At IPO: Texas Tech Pulse]
[ibimage==33450==Original==none==self==ibimage_align-center]
QuickGifts raises $2.3M
QGAC, the company that owns QuickGifts has raised a $2.3 million financing from 28 investors. The company provides gift card and pre-paid currency solutions for local and regional merchants. [Gift card dealer QuickGifts brings in more capital: Austin Business Journal]
[ibimage==33449==Original==none==self==ibimage_align-center]
Pivot3 increases funding round total to $11.3M
Virtualization software developer Pivot3 has raised $11.3 million from six investors. The Austin company develops server and storage virtualization software and hardware. [Software maker Pivot3 increases funding round: Austin Business Journal]
[ibimage==33444==Original==none==self==ibimage_align-center]
SpareFoot wins Austin Startup Games
SpareFoot took first place at this year's Austin Startup Games for the third year in a row. The self-storage company showed off their skills in foosball, darts, shuffleboard, Pop-a-shot, beerpong, flip cup, connect four and trivia. The event was attended by more than 1,000 people and raised $50,000 for the charities chosen by the startup teams. SpareFoot received $19,000 for its charity Kure It.
