ESO Solutions reaches $21.5M in investment capital
Patient-care software developer ESO Solutions raised a $17.6 million series C round of financing from convertible notes and California-based investment firm Accell-KKR, LLC. With 110 employees, the company has now raised a total of $21.5 million, according to CEO Christopher Dillie. [Austin Business Journal]
Favor announces expanded delivery zone
On-demand delivery app, Favor, has announced it will expand its delivery services in Austin, Dallas and Fort Worth, while opening a new delivery zone in the Woodlands due to popular request. This brings Favor-enabled cities to a total of 20 across the U.S. Austin’s delivery boundaries doubled in size, adding more coverage north and south. [Press Release]
Book in a Box hires new CEO and president
Publishing startup Book in a Box has brought on JT McCormick as its new president and CEO. McCormick previously was president at Headspring, an Austin-based software developer, from December 2013 through February of this year. [Austin Business Journal]
SXSW announces 2017 speaker lineup
Next year’s SXSW speakers will include Keynotes Professor Jennifer Doudna (co-inventor of new technology for editing genes) for interactive and Director Jill Soloway (creator of Golden Globes and Emmy-winning Transparent) for film. The featured speakers list includes Mary Lou Jepsen, Dan Lyons, Earvin “Magic” Johnson, Candice Morgan, Adam Savage, Nadya Tolokonnikova, Ingrid Vanderveldt, Gary Vaynerchuk, and Amber Venz Box. Registration for the festival (March 10-19) begins Aug. 1. [SXSW]
Austin ranks 7 out of top 10 cities for career opportunities
Using seven metrics to rank American cities for best career opportunities, Austin came in at seven (Provo, UT, ranked first) per a study conducted by SmartAsset. Metrics included unemployment rate, median income, median annual housing costs and rate of employment growth. Our city’s number of jobs increased by 3.9 percent between 2015 and 2016 and continues to yield low unemployment rates. [SmartAsset]
BP3 Global backed by $10M to provide next step in data analytics
Business Process Management company, BP3 Global, collected $10 million from Nashville’s-based private equity firm Petra Capital Partners, LLC today, to expedite the development of its Brazos platform, which will provide actionable next steps on data analytic insights. [Built In Austin]
Renovate Simply nabs seed round funding
Austin’sRenovate Simply raised a seed funding round for an undisclosed amount from Digitech Venture Capital Fund, Inc. (Digitech), Central Texas Angel Network (CTAN) and a number of angel investors today. The tech startup will continue to focus on growing in Austin and expansions throughout Texas and nationally. [Built In Austin]
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