2 local women named to Upstart 100 list
Whitney Wolfe, founder and CEO of Austin-based dating app Bumble, was recognized as a "Reinventor" on the list, and the school-aged entrepreneur, Mikaila Ulmer, founder of Me & the Bees LLC, was included under the "Visionary" category. The list highlights business people making a big impact. [Upstart Business Journal]
Austin tops list as highest startup activity in 2016
The 2016 Kauffman Index of Startup Activity State and Metro Trends ranked Austin as the number one city for startup activity followed by Miami, Los Angeles, San Francisco and Las Vegas. Austin also held the number one spot for highest rate of new entrepreneurs. [Kaufman Index]
Athenahealth acquires PatientIO
Athenahealth, provider of cloud-based services in healthcare, has acquired Austin startup and care coordination platform PatientIO for an undisclosed amount. The team will join Athenahealth's Austin offices and continue to support their clientele and sell into non-Athenahealth entities. [Press Release]
Property management software closes $2M round, plans to hire
Austin's TenantCloud raised a $2 million seed round from UserFriendly Media LLC and angel investors. 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. [Austin Business Journal]
Rackspace gets acquired for $4.3B by private equity firm
Rackspace, a cloud-service company based out of San Antonio with offices in Austin, announced it has agreed to go private with an acquisition by Apollo Global Management for $4.3 billion. The deal is expected to close in the fourth quarter. [Wall Street Journal]
Farm to Table expands services to Houston
The Austin-based company that sells locally-grown produce to restaurants, schools and commercial kitchens announced it will expand its services to Houston this month. [Austin Business Journal]
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