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BLM Acquisition Corp. Acquires Codero Hosting
Codero, an Austin-based Internet hosting provider, was bought by BLM Acquisition Corp., a consortium of 32 regional telecom companies. No news on the financial terms of the agreement. [Codero Hosting Acquired By Broadband Consortium, Texas Tech Pulse]
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Context.io Is Challenging The World To A Hackathon
The international hackathon is online and began in May. Some pretty big name VCs have signed on to be judges: Fred Wilson, Brad Feld, David Cohen, and Matt Blumberg. There is a total of $125k in prizes for whoever wins when the contest ends in September. [Built In Austin]
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Bee Cave Games Gets $5.5M From A Single Investor
The mobile game developer Bee Cave Games Inc. completed a $5.5 million round of funding. The company makes the app ‘Blackjack Casino,’ which is available on four different mobile platforms. [Bee Cave Games raises millions from lone investor, Austin Business Journal]
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Austin-Made Lottery Software Is Headed To China
Shoutz, which makes lottery software, has penned a deal with China Netcom Technology Holdings to license the software for use in China. The software is called Grand Rewards and is designed to allow lotteries to increase their customer engagement. (Lottery software maker Shoutz agrees to China deal, Austin Business Journal)
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LawnStarter Grabs $6M Series A
LawnStarter, a TechStars graduate, raised $6 million in Series A funding just 6 months after completing a seed round. LawnStarter allows users to handle their lawn care services via an app or website. [Built In Austin]
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Verizon funds SimplyTapp
The Austin-based startup SimplyTapp received funding from Verizon. SimplyTapp makes near field contact payment technology -- A.K.A. NFC payments. Vijay Doradla, from Verizon Ventures, has also joined SimplyTapp's board as part of the agreement. [SimplyTapp Gets Funding From Verizon, Texas Tech Pulse]
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